Mary-Louise Hoffman
Wayne Rehberger, chief financial officer of Engility, has said the company looks to double the bid size for government contracts that it pursues following its purchase of TASC in a $1.3 billion all-stock deal that closed in February, the Washington Business Journal reported Friday.
TASC was awarded a prime position on a five-year, $5 billion contract in November to provide cybersecurity and information system services to the U.S. Air Force.
James Bach writes Rehberger told audience at a Credit Suisse-hosted industry conference held Wednesday that Engility has increased the number of its $100-million bid offers by up to 40 percent since the company’s entry into the intelligence market following the TASC acquisition.
Rehberger added he also believes TASC could help Engility make a large bid for a new U.S. Federal Aviation Administration contract next year, the Washington Business Journal reports.
