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Tag Archives: m&a

CACI’s Ken Asbury Outlines Shift From Services to Technology in Push to Support US Military

TYSONS CORNER, VA, March 22, 2019 — CACI International (NYSE: CACI) is putting more focus on its technology and product offerings in a shift from staff augmentation services as it seeks to build on the U.S. military’s drive to gain advantage over near-peer competitors, ExecutiveBiz reported March 10. Ken Asbury, …

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Leidos’ James Reagan Talks ‘Products’ Companies as Potential Acquisition Targets

TYSONS CORNER, VA, February 26, 2019 — James Reagan, executive vice president and chief financial officer of Leidos (NYSE: LDOS), has indicated during a recent earnings call that the company is more interested in potential acquisitions of products companies rather than those that offer services only, ExecutiveBiz reported Wednesday. Reagan, …

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Cloudera’s Shaun Bierweiler Outlines Vision for New Company After Hortonworks Merger

TYSONS CORNER, VA, February 13, 2019 — Shaun Bierweiler, vice president and general manager of Cloudera‘s (NYSE: CLDR) U.S. public sector business, has said the company resulting from the recently completed merger between Cloudera and Hortonworks will work to develop a “cloud-native, open source unified platform” designed to extract actionable …

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SAIC Eyes DC Real Estate Consolidation, IT Reinvestment; Nathan Rogers Quoted

TYSONS CORNER, VA, February 12, 2019 — Science Applications International Corp. (NYSE: SAIC) looks to consolidate its 31 offices across the Washington, D.C., area following its acquisition of Engility in an effort to optimize the integrated company’s operations and infrastructure, ExecutiveBiz reported Wednesday. Bisnow reported Feb. 4 that the effort …

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Northrop Reports Synergies Amid Continued Integration of Acquired Orbital ATK Business

TYSONS CORNER, VA, February 5, 2019 — Northrop Grumman (NYSE: NOC) has pointed to progress in cost, operational and revenue synergy goals as it continues to integrate the Orbital ATK business it acquired in 2018, ExecutiveBiz reported Monday. SpaceNews reported Thursday that Northrop CEO Kathy Warden told analysts in an earnings …

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Tony Moraco: SAIC Eyes New Federal Gov’t Markets, Business Expansion After Engility Buy

TYSONS CORNER, VA, January 29, 2018 — Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company gained increased capacity to pursue new markets and larger-scale business opportunities in the public sector following its $2.5B acquisition of Engility, ExecutiveBiz reported Jan. 22. Moraco, a 2019 Wash100 …

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Huntington Ingalls to Buy Fulcrum in Gov’t IT Services Market Push; Andy Green Quoted

Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Fulcrum IT Services for an undisclosed sum in a move to grow predictive threat analytics and situational awareness offerings for the government sector. The deal is expected to be completed in February and would add cybersecurity, software development, big data, special operations and engineering …

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Engility’s Lynn Dugle Earns Award for A&D Industry Contributions; SAIC’s Tony Moraco Quoted

TYSONS CORNER, VA, December 26, 2018 — Lynn Dugle, CEO of Engility (NYSE: EGL) and a two-time Wash100 recipient, received a lifetime achievement award from a Washington-based business publication earlier this month to mark her work in the defense and aerospace industry over more than 30 years, ExecutiveBiz reported Dec. 10. …

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Engility’s Lynn Dugle Notes Complementary Programs, Shared Investment Targets With SAIC

TYSONS CORNER, VA, December 18, 2018 — Lynn Dugle, CEO of Engility (NYSE: EGL), has said the company shares several complementary programs and activities with Science Applications International Corp. (NYSE: SAIC), which has agreed to acquire the Chantilly, Va.-based defense contractor for $2.5B in stocks, ExecutiveBiz reported Dec. 6. Dugle, …

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SAIC Board to Add Engility Directors David Kerko & Katharina McFarland

TYSONS CORNER, VA, December 6, 2018 — Science Applications International Corp. (NYSE: SAIC) has lined up Engility (NYSE: EGL) Board Members David Kerko and Katharina McFarland to join its own board of directors once the companies’ $2.5B acquisition deal is finalized next year, ExecutiveBiz reported Wednesday. SAIC said Tuesday the appointment …

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