LOGTEC parent completes deal Dec 31, 2008
Serco, SI International complete deal - Dayton Business Journal ... Serco, SI International complete deal ... -based SI International (Nasdaq: SINT) will become part of U.K.-based Serco s North American operations, with 11,500 employees and $1. (Dayton Business Journal, OH)
Serco Completes Acquisition of SI International Dec 30, 2008
Dec. 29 /PRNewswire-FirstCall/ -- Serco Group plc (Serco), the FTSE 100 international service company, announces today that it has completed the acquisition of SI International, Inc. (Nasdaq: ), a provider of information services, technology, and network solutions to the U.S. government, following the receipt of all regulatory approvals and satisfaction of customary closing conditions. SI International will be combined with Serco's existing North American business and will enhance Serco's... (PR Newswire)
* World Business Quick Take Dec 30, 2008
Serco Group Plc, the UK services company that operates Londons Docklands Light Railway, said it completed the acquisition of US technology provider SI International Inc after receiving regulatory approval. Serco acquired Reston, Virginia-based SI International for a total consideration of US$524 million, including net debt, in its biggest-ever purchase. (Taipei Times, Taiwan -- World Business)
Serco, SI International complete deal Dec 30, 2008
Reston-based SI International will become part of U.K.-based Serco s North American operations, with 11,500 employees and $1 ... Under the merger agreement, Serco bought SI International for $32 per share in cash valued at approximately $422 million ... Serco also takes on SI International s debt valued at $524 million. (Washington Business Journal, DC)
SI International sale clears final hurdle Dec 26, 2008
-based SI International, which agreed to be acquired by Serco for $510 million in August, announced Wednesday that the Committee on Foreign Investment in the United States had completed its review of the proposed acquisition and would permit it to proceed. SI International said once customary closing conditions are met the transaction will be completed ... SI International (Nasdaq: SINT) is the parent company of local defense contractor Inc.. (Dayton Business Journal, OH)
Serco and SI International Announce Receipt of CFIUS Approval Dec 25, 2008
Dec. 24 /PRNewswire-FirstCall/ -- Serco Group plc (Serco) and SI International, Inc. (Nasdaq: ) today announce that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the proposed acquisition of SI International by Serco and is permitting the proposed acquisition to proceed ... About SI International: SI International, a member of the Russell 2000 and S&P SmallCap 600 indices, is a provider of information technology and network solutions (IT) primarily... (PR Newswire)
Serco says to meet full-year expectations Nov 13, 2008
It added that its financial position remained strong, having secured debt facilities worth 700 million pounds to fund the recent $500 million acquisition of U.S. rival SI International and to refinance existing debt. Analysts expect Serco to post a 15 percent increase in pretax profit to 145 million pounds in 2008, according to Reuters estimates. (International Herald Tribune)
Income down at SI International Nov 6, 2008
SI International ups sales, decreases income - Washington Business Journal ... SI International ups sales, decreases income ... During the quarter SI International Inc. -- which gets virtually all of its business from the federal government -- agreed to be acquired by the British contractor for approximately $423 million. (Washington Business Journal, DC)
US presidential election could spur defense industry consolidation Oct 18, 2008
Another banker described sector M&A as healthy, pointing to Sercos recent acquisition of SI International for USD 32 per share in cash, for a total price of USD 423m and a premium of 40. The defense industry is a net producer of cash, not a net consumer. (FT.com -- Markets)
The Bounce Will Come Oct 11, 2008
Si International (nasdaq: - - ) Short-Term PowerRating: 10 RSI (Relative Strength Index) (2): 0. 033. (Forbes -- Markets)
LOGTEC parent sold for $511M Aug 28, 2008
the U.S. division of London-based , has agreed to acquire Reston-based SI International for $32 per share in cash, or approximately $423 million. Serco will also assume SI International's debt of approximately $87 million making the total value of the deal approximately $511 million ... Federal government contract revenue represented 99 percent of SI International s second quarter revenue of $118. (Dayton Business Journal, OH)
Services: Serco gets a lift from the US air force Aug 28, 2008
The British group said its US operations will account for a fifth of total revenues once it has absorbed SI International, a company whose extensive links to the US air force include providing logistical support to the F-22 Raptor fighter jet ... Serco's chief executive, Christopher Hyman, said SI International specialised in "complex stuff", such as clearing millions of visa applications, that required well trained and security-vetted staff. (guardian.co.uk)
Survivors angry that pilot tried to land plane in monsoon storm Aug 27, 2008
si international is seeking two human resource generalists to support the national records center in lee's summit, missouri. si international has over 500. (Yahoo News -- Thailand)
Paisley and McGuinness mark new era Aug 27, 2008
Tuesday May 08 2007 17:01 BST. Northern Ireland's first minister, Ian Paisley, and the deputy first minister, Martin McGuinness, smile after being sworn in at Stormont. (Yahoo News -- Northern Ireland Conflict)
Serco's North American Division and SI International Announce Acquisition Agreement Aug 27, 2008
Aug. 27 /PRNewswire-FirstCall/ -- Serco Inc., the U.S.-based division of leading international service company Serco Group plc, and SI International, Inc. (Nasdaq: ) today announced that they have entered into a definitive merger agreement. Under the agreement, Serco will acquire SI International for $32 per share in cash, or an aggregate purchase price on a fully diluted share basis of approximately $423 million ... Serco will also assume SI International's debt, which, at June 28, 2008, was... (PR Newswire)
Top BBC resignations astonished Hutton Aug 27, 2008
Law lord believes his report's findings on David Kelly's death were misinterpreted by media and is dismayed at accusations of whitewash. Thursday March 4 2004. (Yahoo News -- Hutton Report)
Serco profit up and sees growth ahead Aug 27, 2008
8 percent rise in half-year pre-tax profits and said it was buying U.S. government services provider SI International for about $423 million (230 million pounds) ... Serco said the acquisition of SI International would give it a strong platform across the U.S. armed forces and civil federal government agencies ... Chief executive Christopher Hyman said: "We have made a strong start to 2008 and we see excellent growth opportunities ahead as our customers experience increasing global economic and... (International Herald Tribune)
British company to pay $511M for SI International Aug 27, 2008
SI International sold for $511M - Washington Business Journal ... SI International sold for $511M ... Inc., the U.S. division of London-based Serco Group plc, has agreed to acquire Reston-based SI International for $32 per share in cash, or approximately $423 million. (Washington Business Journal, DC)
SI International wins $19M Army contract Jul 31, 2008
SI International has created Web-based training development processes and courses, a long-term training plan and help desk support services, among other activities. The SI International contract team includes , , , LMI Government Consulting and Executive Development Associates Inc. ... SI International (NASDAQ:SINT) recently reported lower earnings of $3. (Washington Business Journal, DC)
Russia: Skinhead gang accused of killing 20 in Moscow Jul 30, 2008
si international is seeking general clerks to support the nebraska service center in lincoln, nebraska. si international supports the united. (Yahoo News -- Russia)
SI International and Arrowpoint to Terminate Proposed Acquisition of Arrowpoint Corporation Jul 29, 2008
July 28 /PRNewswire-FirstCall/ -- SI International, Inc. (Nasdaq: ), an information technology and network solutions (IT) company, announced today, that the company and Arrowpoint Corporation have mutually agreed to terminate the Agreement and Plan of Merger dated July 15, 2008 that related to the proposed acquisition of Arrowpoint by the company. As a result, the acquisition of Arrowpoint by SI International will not be consummated ... About SI International: SI International, a member of the... (PR Newswire)
SI International rings up $142.8M in sales for second quarter Jul 29, 2008
SI International rings up $142 ... SI International rings up $142 ... Despite challenging market conditions, we accomplished several important objectives that will provide SI International with future growth, said CEO Brad Antle in a statement. (Washington Business Journal, DC)
Spotlight on regional defense May 12, 2008
Besides Sciabica, panelists included Jacqueline Fisher, director of the 88th Air Base Wing BRAC office; Joe Zeis, vice president of aerospace and defense at the DDC; and Brad Antle, president and chief executive officer at Virginia-based SI International, which acquired local defense contractor. This article is for Paid Print Subscribers ONLY.. (Dayton Business Journal, OH)
Forbes Beltway Index: Earnings Revisions Mar 26, 2008
On the profit markdown list, you ll find Dell (nasdaq: - - ), Humana (nyse: - - ) and SI International (nasdaq: - - ) ... SI International (nasdaq: - - ). (Forbes -- Business)
SI International lowers outlook for 2008 Mar 20, 2008
"SI International is experiencing a delay in the funding and start of several key programs that we had anticipated would make a positive contribution to our first quarter operating results," said Brad Antle, chief executive officer, in a statement ... For 2008, SI International (NASDAQ: SINT) now expects revenue between $560 million to $580 million and net income between $18. (Washington Business Journal, DC)
More of this story Mar 15, 2008
Hight, an experienced disaster and security specialist who works for SI International, spoke at a seminar at Halifax Community College about preventing identity theft, and shared his own frustrating experience with the issue. While on vacation, Hight hooked his laptop up to a wireless network and someone intercepted his information. (Roanoke Rapids Daily Herald, NC)
BAE Systems seeks US IT security acquisitions, MD says Feb 23, 2008
BAE could look at SI International or Stanley as it clearly wants to be focused on security, the analyst concurred. SI, for one, is very involved in security and could be appealing to BAE because of its diversity with its presence in civilian and government agencies. (FT.com -- Markets)
Eagle Support Services retains Windsor Group for sale, industry source says Dec 12, 2007
A source at Reston, Virginia-based SI International said that while he was not familiar with Eagle, based on the areas it is involved in it could be a fit for SI, particularly since Eagles contracts are directly with the federal government rather than other small contractors. The listed government IT provider is involved with equipment maintenance and modification, the source noted. (FT.com -- Markets)
Brooke Army Medical Center outsources HR to D.C. contractor Oct 17, 2007
This is a new contract for SI International. SI International (NASDAQ: SINT) will work with the Army's nurse case managers, medical personnel and the military chain of command to ensure a seamless transition from military personnel performing HR and administrative functions to civilians, according to a company spokeswoman ... SI International supplies business process outsourcing services for the federal government. (San Antonio Business Journal, TX)
SI Int'l lands $10M HR contract from Army Oct 14, 2007
SI International (NASDAQ: SINT) earned $5 million in the second quarter ended June 30, up from $4. 4 million a year ago. (Washington Business Journal, DC)
Tech firms slash jobs in Dallas Oct 11, 2007
Unless the workers' job functions will transition to another contract that begins in December, SI International will have to lay off employees. A spokesman for the company was not immediately available for comment. (Dallas Business Journal, TX)
SkyBitz, Inc. Tops Deloitte's Virginia Technology Fast 50 Ranking of Fastest-Growing Technology Companies, With 40,314 Percent Growth Over Five Years Oct 3, 2007
com, Inc. Glen Allen 615% 17 Ventera Corporation McLean 581% 18 Access Systems, Inc. Reston 568% 19 ConceptSolutions, LLC Reston 526% 20 Amentra, Inc. Richmond 518% 21 ECS, Inc. Fairfax 511% 22 Applied Predictive Technologies Arlington 499% 23 MicroPact Engineering, Inc. Herndon 371% 24 ActioNet, Inc. Fairfax 325% 25 Argon ST, Inc. Fairfax 319% 26 Blue Ridge Numerics, Inc. Charlottesville 275% 27 NeuStar, Inc. Sterling 266% 28 INPUT Reston 264% 29 Paloma Systems, Inc. Fairfax 258% 30... (PR Newswire)
GSA selects EDS, General Dynamics, others to compete under $50 billion tech services deal Aug 1, 2007
Some other major winners include: Computer Sciences Corp., Harris Corp., Lockheed Martin Corp., International Business Machines Corp., Unisys Corp., SI International Inc. and BearingPoint Inc. ... 52, while SI International shares dipped $1. (San Diego Union-Tribune -- Business)
Personnel Announcement Jun 19, 2007
Mr. Brubaker currently serves as Chairman and CEO of Procentrix, Inc. Prior to this, he served as Executive Vice President and Chief Marketing Officer of SI International. Earlier in his career, he served as Deputy Assistant Secretary of Defense (Deputy Chief Information Officer). (White House News Releases)
Standard & Poor's Announces Change to U.S. Index Jun 5, 2007
NEW YORK, June 4 /PRNewswire-FirstCall/ -- SI International, Inc. (NASD: SINT) will replace Delta and Pine Land Company (NYSE: ) in the SlCap 600 index after the close of trading on Tuesday, June 5, 2007 ... SI International provides information services, technology, and network solutions primarily to the federal government ... Following is a summary of the change: SLCAP 600 INDEX - June 4, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY DELETED Delta and Pine Land Consumer Staples... (PR Newswire)
Local defense contractor acquired for $59M May 31, 2007
-based SI International (Nasdaq: SINT) is looking to grow its federal government client base and strengthen relationships with U.S. Department of Defense organizations, including the Air Force Materiel Command at , according to a press release issued by the purchaser Wednesday ... "We believe that becojming a part of SI International will generate many immediate and long-term benefits to our customers and employees," said John Nowak, LOGTEC chief executive officer, in the release ... "With... (Dayton Business Journal, OH)
Stocks to Watch May 24, 2007
SI International Inc. () said it has agreed to acquire privately held Logtec Inc. for $59 million. Fairborn, Ohio-based Logtec, which has 350 employees and had 2006 revenue of $54 million, is a provider of logistics, acquisition, and information technology support, primarily to the federal government. (Fox News)
CCG Elite to Co-Sponsor 'The Road to Successfully Listing on NASDAQ' Panel Discussion for Chinese Companies May 9, 2007
CCG Elite's U.S.-based clients include TRW Automotive Holdings, Quality Systems, Diodes Inc., SI International, MicroIslet and Power Integrations. For further information, contact CCG Elite directly, or visit the Company's Web site at. (PR Newswire)
Boeing Honors Top Suppliers with Performance Award Apr 19, 2007
Technology SI International, Inc., Colorado Springs, Colo. Diversity/Small Woman Business Enterprise Barrios Technology, Houston, Texas Diversity/Small Minority Business Enterprise Carrillo Business Technologies, Inc., Westminster, Calif. (PR Newswire)
US Mergers Still Hot on the Agenda Jan 30, 2007
Firms such as SI International, , Mantech and CACI have all garnered interest from buyers, while continuing to act as acquirers themselves. The lack of further consolidation in that market to date is largely due to the extremely high asking prices. (Ocnus.net)
Wall Street Analysts Stumble on 2006 Stock Tips Jan 9, 2007
SI International Inc., which was unanimously recommended by 11 analysts, rose 6. 1 percent but didn't do as well as the S&P 500. (Bloomberg -- Columnists)
