L-3 spinoff to spend $6.5M for Northern Virginia headquarters

Engility Holdings Inc., a planned spinoff of L-3 Services Inc. that will be renamed Engility Corp., will invest $6.5 million to locate its corporate headquarters in Fairfax County, Va., once the spin-off is complete.

L-3 announced its plans to divest the government systems engineering and technical services provider in July 2011.

The new company will be located in office space currently occupied by L-3 Communications in Chantilly, Va., and will employ 9,200 worldwide, according to an April 26 joint announcement by Gov. Bob McDonnell (R) and the Fairfax County Economic Development Authority.

Virginia successfully competed against Maryland for the project, which will create 50 new jobs in addition to more than 300 personnel currently based in Fairfax County, the announcement said.

McDonnell approved a $350,000 grant from the Governor’s Opportunity Fund to assist Fairfax County with the project.

Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the company’s recruitment and training activities.

“Engility has had a long-standing presence in both Fairfax County and Chantilly through our legacy companies,” said Tony Smeraglinolo, executive vice president of L-3 Services, who will become Engility’s chief executive officer upon completion of the spin-off.

L-3 Communications, of McLean, Va., ranks No. 8 on Washington Technology’s 2011 Top 100 list of the largest federal government contractors.

About the Author

David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Sequestration, LPTA and the Top 100

    Join Washington Technology’s Editor-in-Chief Nick Wakeman as he analyzes the annual Top 100 list and reveals critical insights into how market trends have impacted its composition. You'll learn what movements of individual companies means and how the market overall is being impacted by the current budget environment, how the Top 100 rankings reflect the major trends in the market today and how the biggest companies in the market are adapting to today’s competitive environment. Learn More!