Merger and acquisition deals offer a way for contractors to integrate technology offerings to help government organizations fulfill their missions, Engility CEO Tony Smeraglinolo said Tuesday in a conference keynote adapted for Washington Technology.
“Consolidation is undoubtedly a good thing for both the industry and our government partners,” Smeraglinolo told an audience at the 2014 Interservice/Industry Training, Simulation and Education Conference.
“At the end of the day, consolidation done well should bring greater pools of capabilities together in one place for our customers,” he added.
He said public-private partnerships could work better if there is certainty with the budget process.
Smeraglinolo observed an increase in contracting activity after 2013 and expects the next Congress to address spending issues that he says create challenges for industry.
He believes that industry’s performance will depend on how companies strive to adjust in the current fiscal environment and use technological and agile strategies.