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Exclusive - U.S. government contractor Engility explores sale: sources

Reuters  |  WASHINGTON 

By Mike StoneWASHINGTON (Reuters) - U.S. defence contractor Engility Holdings Inc is exploring a sale, amid a wave of consolidation in the U.S. government services sector, three people familiar with the matter said on Wednesday.The development is the latest example of how increased defence spending under U.S. President Donald Trump and the Republican Party is driving contractors to pursue mergers so that they have more scale to bid on bigger projects, spanning everything from outdated computer systems to antiquated cyber security.Engility has attracted interest from companies that include ...

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First Published: Thu, July 12 2018. 06:55 IST
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