El SEGUNDO, Calif., Jan. 17 - Wyle has completed the acquisition of RS Information Systems of McLean, Va., a premier federal systems integrator providing advanced services in information technology, systems engineering, telecommunications, scientific support and management consulting. Terms of the acquisition have not been disclosed.
The acquisition of the privately held company increases Wyle's 2008 annual revenue projection to approximately $800 million and the number of employees to more than 4,200.
"This acquisition makes Wyle a major federal information technology provider with a significant presence in Washington, D.C.," said George Melton, Wyle chairman, CEO and president.
RS Information Systems is the fourth operating group within Wyle and will operate as Wyle Information Systems. Cass Panciocco, who has been serving as chief operating officer of RS Information Systems, has been named senior vice president and general manager of the Wyle Information Systems Group.
Wyle is a leading provider of specialized engineering, professional, technical, and information technology services to military and civilian government agencies on long-term outsourcing contracts. The company's core competencies include test and evaluation, program management, systems engineering, life sciences, information assurance, research and diverse engineering services. The privately held company is headquartered in El Segundo, Calif. and employs approximately 4,200 employees at more than 40 facilities nationwide.