Contracts for September 9, 2021

On the same subject

• 

  March 18, 2022 | International, Aerospace

  British-US team reports first drone flight on synthetic fuel

  Chief of U.S. Naval Research Rear Adm. Lorin C. Selby termed the initiative '€œexciting and game-changing.'€

• 

  March 25, 2021 | International, Aerospace, C4ISR

  DoD SBIR/STTR Component BAA Open: Space Development Agency (SDA) HQ085021S0001

  The DoD Small Business and Technology Partnerships Office announces the opening of the following Broad Agency Announcement (BAA) topics: Space Development Agency (SDA), HQ085021S0001 SBIR Topic HQ085021S0001-07: “Target Recognition and Acquisition in Complex Environments,” published at: https://beta.sam.gov/opp/8e5e2483aaac4ab9834601e7d2888581/view STTR Topic HQ085021S0001-08: “Target Recognition and Acquisition in Complex Environments,” published at: https://beta.sam.gov/opp/12f9af5e67a34384a5b0bd38dc3c079b/view IMPORTANT DATES: March 25, 2021: Topic Q&A opens; BAA opens, begin submitting proposals in DSIP April 13, 2021: Topic Q&A closes to new questions at 12:00 p.m. ET April 27, 2021: BAA closes, full proposals must be submitted in DSIP no later than 12:00 p.m. ET Full topics and instructions are available at the links provided above.

• 

  September 11, 2018 | International, C4ISR

  SAIC to buy rival government services contractor Engility for $1.5 billion

  WASHINGTON (Reuters) - Science Applications International Corp (SAIC) (SAIC.N) said on Monday it will acquire Engility Holdings Inc (EGL.N) for $1.5 billion in stock, a deal that will turn it into the second-largest independent U.S. government services contractor. The acquisition is the latest example of how increased defense spending under President Donald Trump and the Republican-led Congress is driving contractors to pursue mergers so they have more scale to bid on bigger projects, spanning everything from outdated computer systems to space exploration. Engility shareholders will receive $40.44 in SAIC stock for each of their shares, an 11.5 percent premium to Engility's closing price of $36.24 on Friday, the companies said. SAIC will assume $900 million in Engility debt, giving the deal a total value of about $2.5 billion. On completion of the deal early next year, SAIC's board will expand to 11 seats from nine, and SAIC shareholders will own about 72 percent of the combined company. Engility, based in Chantilly, Virginia, provides skilled personnel to the U.S. departments of defense, homeland security and justice, among others. The acquisition will boost SAIC's offerings to its space customers and expand its customer base in the intelligence community, SAIC Chief Executive Tony Moraco said in an interview. The increased U.S. defense budget and a two-year budget deal reached earlier this year that lifted caps on defense spending also emboldened SAIC to pursue the deal, Moraco added. Full article: https://www.reuters.com/article/us-engilityholdings-m-a-saic/saic-to-buy-rival-government-services-contractor-engility-for-1-5-billion-idUSKCN1LQ1CG