Engility Acquires TSC Inc.

Engility has completed the acquisition of TASC Inc., expanding its footprint into the federal services market.

TASC is a provider of enterprise systems engineering, mission-enabling architectures and value-based options for national security and public safety markets.

“This transformational acquisition accelerates our growth strategy to further diversify our customer base, enhance our capabilities, add scale to our business, and increase our addressable market,” said Tony Smeraglinolo, president and CEO, Engility. “In addition to these strategic benefits, this acquisition offers many compelling financial characteristics including significantly improving our cash flow and adjusted earnings. We believe our differentiated business model will benefit TASC’s intelligence and space customers, and we look forward to leveraging the strengths of both companies to create additional value for our customers, employees and shareholders.”

For more information, visit Engility.

Sources: Press materials received from the company and additional information gleaned from the company’s website.