Tag Archives: Charles Narang

HIG Capital Inks $283M Cash Deal for NCI; Paul Dillahay Comments

Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of …

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Brian Clark to Succeed Charles Narang as NCI CEO

Brian J. Clark, president at NCI (Nasdaq: NCIT) for three years, will succeed Charles K. Narang as CEO of the information technology services provider on Oct. 1. Narang, who has held the chairman and CEO roles since 1989, will become non-executive chairman once he steps down from his post, the …

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NCI Makes Fiscal Move

NCI’s (NASDAQ:NCIT) board of directors gave a collective thumbs-up to a share repurchase program of up to $25 million of the firm’s outstanding common stock. “We are pleased to announce a share repurchase program, ” CEO Charles Narang said. “We believe that the current trading range of NCI’s stock price …

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NCI Awarded Seven Year Contract by US Army

The US Army has awarded NCI a contract to provide IT services for the Corporate Information Office (CIO) of the U.S. Army’s Program Executive Office for Simulation, Training and Instrumentation (PEO STRI); the U.S. Army Garrison, Fort Belvoir Directorate of Information Management; and the U.S. Army Garrison, Fort Carson Directorate …

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Executive Move- William Parker resigns from NCI

William M. Parker, Chief Operating Officer at NCI, has tendered his resignation, effective January 11, 2010. He will be leaving NCI to pursue other opportunities. Parker said “I have been privileged to be part of the NCI team and to see the company achieve such unparalleled success in our market. …

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NCI awarded another task order at Fort Bragg

Today, NCI Information Systems, Inc. announced that it has been awarded a task order worth $6.4 million by the Fort Bragg Network Enterprise Center (NEC) IT Support Services. It calls for NCI to provide support of the U.S. Army Signal NEC in support of its on-site communications and network support services. …

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