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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 Q2 Increase in Revenue, Operating Cash Flow; Wells Fargo Analysts Provide Stock Recommendation

Analysts at Wells Fargo Securities reiterated an outperform rating with a $92 price target for Science Applications International Corp.'s (NYSE: SAIC) stock after the government services provider announced its second quarter fiscal 2020 financial results.

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CGI Acquires Sunflower Systems, Leidos Secures $445M Contract, Executive Moves & Weekly Top 10 Stories

CGI announced on Tuesday that it acquired Annams Systems Corp., doing business as Sunflower Systems, a provider of asset management software products and services. The merger strengthens CGI’s position serving the needs of commercial entities and federal government agencies, including universities, law enforcement, national laboratories and other organizations.  “CGI’s merger …

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Mark Forman Appointed Digital Government VP at Unisys’ Federal Unit; PV Puvvada Quoted

Mark Forman, former head of the global public sector business at Unisys (NYSE: UIS), has been appointed as vice president of digital government within the company's federal arm. He will lead innovation efforts meant to help customer agencies manage mission outcomes through digital transformation and cloud computing approaches, Unisys said Monday.

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WBB CFO Richard Harkey Joins Cornerstone Defense Board; Chris Goodrich Quoted

Richard Harkey, senior vice president and chief financial officer of Whitney, Bradley & Brown, has joined the board of directors at technical services contractor Cornerstone Defense. He joined WBB in January 2018 and oversees  financial, operational, contracting, information technology and facility-related activities there, Cornerstone said Thursday.

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