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TYSONS CORNER, VA March 2, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on Engility CEO Tony Smeraglinolo’s remarks about his expectations following the company’s acquisition of TASC, which concluded last week. Smeraglinolo, a Wash100 inductee for 2015, said the two co...
Engility Holdings (NYSE: EGL) has closed its $1.3 billion all-stock purchase of TASC to create a company with more than 10, 000 employees and approximately $2.5 billion in revenue based on 2014 figures, the companies said Thursday. Engility expects the transaction to increase its earnings per share starting in 2016 after adju...
Shareholders at Engility Holdings (NYSE: EGL) voted Monday to approve the company’s $1.1 billion all-stock acquisition of TASCÂ and the companies have now set the transaction’s closure date for Thursday. Engility said Monday that nearly 99 percent of the outstanding shares represented at the meeting voted to move forward with ...
Executive Mosaic, Tysons Corner, VA February 23, 2015 – Engility President and CEO Tony Smeraglinolo has been elected to the Wash100 list of the most influential leaders in GovCon for his leadership in the acquisition and services sector. The Wash100 is the premier group of private and public sector leaders ...
Engility Holdings (NYSE: EGL) has won a five-year, $27.6 million contract to continue development and testing work on avionics platforms for the U.S. Navy. The company will work to manage the program, develop services and systems, guide quality analysis, plan tests and analyze flight test data for the Naval Air Warfare Center...
The GovCon Index closed on a high for the fourth straight day Thursday at 19.503 or 0.231 points. The Dow Jones Industrial Average climbed 46.97 points to 18, 019.35, the Standard & Poor’s 500 composite index rose 8.51 points to 2, 096.99 and the NASDAQ composite index...
The GovCon Index rose for a fourth consecutive day by 0.231 points to close at 69.503 ahead of the President’s Day weekend. Energy and services sector stocks led gains and traders continued to cast their eyes on negotiations between Greece and its creditors on the country’s debt situation, ...
The GovCon Index started the trading week with a decline of 0.44 points — or 0.6 percent — to close at 73.746 Monday and end a three-day gain streak. On Tuesday, the GovCon Index will replace ATK and Orbital Sciences with Orbital ATK (NYSE: OA), the compa...
The GovCon Index broke the 73-point barrier for the first time Thursday to record a gain of 0.746 points — or 1.004 percent — and close at 73.471. Oil prices rose more than 6 percent Thursday after an 8.7-percent decline Wednesday and investors also reacted to a strengthening of the dollar and earnings...
The GovCon Index saw a relatively flat day of trading Wednesday with a nominal gain of 0.065 points — or 0.089 percent — to close at 72.726. Most U.S. stocks fell late in the trading day after the European Central Bank said it would suspend a waiver to let banks use the Greek governmentR...
