Engility divests USAID business in $24M cash deal

Engility has divested its International Resources Group subsidiary to RTI International in a $24 million cash deal.

IRG focused on the U.S. Agency for International Development market. The acquisition will expand RTI’s international development work and footprint in the food security and agriculture, energy, water, natural resources management, climate resilience and conflict areas, RTI said in a press release.

IRG also brings new capabilities in USAID management and technical training and disaster preparedness.

IRG also expands RTI’s presence in places around the world where RTI has little or no footprint, such as Rwanda and Ukraine, and bolsters its presence in other areas in which it already exists, like Guatemala, the Philippines, Senegal, Tanzania and Thailand.

L-3 Communications acquired IRG in 2008, according to a company spokesperson. The business was with Engility when it was spun out.

In an SEC filing, Engility said that it divested the business after a strategic review of its business, after which Engility determined its USAID portion of the company’s international business was no longer closely aligned with the company’s future strategic direction.

The IRG business was anticipated to make $70 million in revenue in 2017, according to the SEC filing.

IRG will operate as a wholly owned subsidiary within RTI while the transition is being made.

The McLean Group served as an advisor on the deal.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

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


  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.