Engility restructures, announces buyouts
- By Nick Wakeman
- Sep 13, 2012
Engility Holdings Inc., the former L-3 Communications business, is buying out about 4 percent of its work force as part of a broader realignment of the company.
Engility was spun out of L-3 in July.
As part of the realignment, the company has created four business units and is eliminating its two operating divisions. The four units will be built around four markets:
- Training and mission support services
- Technology services
- Engineering and program support services
- International development services
Shared service centers will support the company’s operations across the four units, Engility officials said in a statement.
The current professional support services and mission support services divisions will go away, the company.
The new structure will take effect Jan. 1 and are part of a move by the company to streamline operations.
John Heller, currently president of the professional support services division will lead operations for the company. John Craddock, currently president of mission support services division, will lead a new strategic relations function for the company.
They will report to President and CEO Tony Smeraglinolo.
Engility has 7,000 and it is offering voluntary buyouts to a number of management and administrative-support employees in a move to improve its cost structure, the company said.
Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.