A press release from Constellis Holdings signals major news in the High Threat Security Industry. Academi, the company formerly known as Blackwater and Xe, will join Triple Canopy along with a handful of other high threat security companies under a new management structure named Constellis Holdings. “This move allows us to create a suite of […]
Virginia-based Computer Sciences Corporation has reached a definitive agreement with Pacific Architects and Engineers – PAE for the sale of its base operations, aviation and range services business unit, Applied Technology Division (ATD), for $175 million in cash. CSC acquired ATD with the 2003 purchase of DynCorp.
L-3 Communications announced today that it has successfully completed the previously announced spin-off of its subsidiary, Engility. L-3 shareholders of record as of July 16, 2012 received one share of Engility common stock for every six shares of L-3 common stock held on the record date. The spin-off has been structured to qualify as a tax-free distribution to L-3 shareholders for […]