MTC acquires German division

MTC Technologies Inc. of Dayton, Ohio, has acquired the German operations of Eagle Support Services ? a move that bolsters MTC's work with the U.S. Army in Europe.

MTC made the deal to support a $35 million contract awarded in late 2004 to reconstitute equipment from the Army's 1st Armored Division, which has been deployed in Iraq, the company said.

Under the contract, MTC helps the Army refurbish and repair equipment that is returning from Iraq.

"This purchase enables MTC to continue expanding its role as a systems integrator of logistics," said John Longhouser, president of the company. "The operations tempo of the Army will continue at a high level during the remainder of this decade, and our ability to program manage complex maintenance and repair activities will allow our soldiers to focus on combat operations."

Eagle-D GmbH will be integrated into MTC's newly established branch office in Speyer, Germany.

The company said it does not plan to adjust its revenue and earnings guidance because of the acquisition. The majority of Eagle-D's revenues were from a sub-contract with MTC and the transaction is not financially significant, MTC said. Eagle Support Services is headquartered in Huntsville, Ala.

MTC employs nearly 2,500 people and was ranked No. 47 on Washington Technology's Top 100 list of government contractors.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

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

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. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

I agree to this site's Privacy Policy.