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Search Results for: Engility

Engility Corp. Completes Spinoff From L-3 Communications; CEO Tony Smeraglinolo Comments

Engility Corp., the former government services unit of L-3 Communications, has completed its spinoff into a standalone company under the EGL symbol on the New York Stock Exchange. President and CEO Tony Smeraglinolo will lead the Chantilly, Va.-based pure-play professional and technical services contractor, which projects it will generate $1.6 billion in 2012 …

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L-3 Board OKs Engility Spinoff Stock Distribution; Michael Strianese Comments

L3 Communications’ (NYSE: LLL) board of directors has approved the distribution of the remaining shares of its Engility subsidiary to all of its shareholders. L-3 said every shareholder of record as of July 16 will receive one share of Engility for every six shares of L-3 stock. “Engility will now …

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L-3 Names Michael Alber, Ray Guillaume To Engility Exec Team; Smeraglinolo Comments

L-3 Communications (NYSE: LLL) has appointed Michael Alber and Ray H. Guillaume to the executive leadership team of the services group, which the company plans to spin-off into a standalone company known as Engility. They join John Heller and Craig Reed in helping the group transition into an independent company. Alber …

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L-3 Names Craig Reed, John Heller to Engility Spinoff Exec Team

L-3 Communications (NYSE: LLL) has appointed John Heller and Dr. Craig Reed to executive leadership positions within its Alexandria, Va.-based services group, the company announced Monday. The two government contracting veterans will help transition the group as L-3 spins it off into a new company called Engility. Reed and Heller …

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SAIC Reports 37% Growth in Q1 FY 2020 Revenue; Nazzic Keene Quoted

Science Applications International Corp. (NYSE: SAIC) saw its revenue for the first quarter of fiscal year 2020 increase 37 percent to $1.6B and recorded $178M in net cash provided by operating activities, up 102 percent from the prior-year period. SAIC said Thursday contract awards for Q1 FY 2020 reached $1.9B and net bookings hit $1.4B with a book-to-bill ratio of 0.9.

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SAIC Wins Potential $106M IDIQ for DIA Document, Media Mgmt Support

Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $106M contract to help the Defense Intelligence Agency’s National Media Exploitation Center manage paper documents and electronic media. The indefinite-delivery/indefinite-quantity contract covers document and media management, program support and related intelligence support services to NMEC, the Department of Defense …

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Former PAE, Phacil Exec Mehdi Cherqaoui Named Applied Insight CFO

Mehdi Cherqaoui, formerly chief operating officer and chief financial officer of Phacil, has joined Applied Insight as CFO, the Washington Business Journal reported Thursday. He previously served as VP of finance and mergers and acquisitions at PAE’s VP of finance and mergers and acquisitions. Before that, Cherqaoui held various leadership …

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SAIC Reports 5% Growth in Full FY 2019 Revenue, $14B in Total Backlog; Nazzic Keene Quoted

Science Applications International Corp. (NYSE: SAIC) saw its full fiscal year 2019 revenue grow 5 percent to $4.66B and ended the year with an estimated total backlog of $13.8B of which $2.8B was funded. SAIC said Thursday it recorded $220M in FY 2019 operating income with diluted earnings per share …

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