Vencore files for initial public offering

By Marjorie Censer / June 22, 2017 at 11:48 AM

Vencore said this week it has filed a registration statement for an initial public offering of its common stock.

The company was formed in 2010, when Lockheed divested its Enterprise Integration Group. That business was picked up by private-equity firm Veritas Capital for $815 million.

Vencore in 2013 acquired Applied Communication Sciences, a company whose origins trace back to Bell Laboratories, and in 2014 acquired the QinetiQ North America services and solutions group.

Vencore, which has 3,750 employees, said this week the number of shares and price range of its proposed offering haven't yet been determined.

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