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.