SAIC To Buy Engility For $2.5B In Play For Space, Defense Scale

Credit: SAIC CEO Tony Moraco: SAIC
The Washington, D.C., area is seeing another eye-watering merger and acquisition (M&A) thanks to a skyrocketing defense budget and renewed emphasis on new technologies for space and intelligence work. SAIC is buying Engility for around $2.5 billion, the companies said Sept. 10.Reston, Virginia-based...

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