Dulles, VA – May 9, 2016 – Technica Corporation today announced that government contractor industry veteran CFO, Mr. Bill Milligan, has been appointed to the company’s Advisory Board. Mr. Milligan joins his colleague Tim Keenan, co-founder and CEO of HPTi, as the second member of the Technica board. The Advisory Board will help guide long term and strategic planning at Technica and work to accelerate growth strategies and investments. Mr. Milligan brings years of CFO experience in the government contracting industry, including private equity and debt placements, financial planning and analysis, competitive pricing, and due diligence for mergers and acquisitions.
“Mr. Milligan brings a needed level of expertise for the next generation of growth” commented CFO Bill Groah. “In today’s price-emphasized government contracting industry, his experience in competitive pricing for bids is extremely important right now and can make the difference for successful awards. Further, his experience in mergers and acquisitions and capital expansion will be very important in guiding our future growth and maturing the company infrastructure.”
Mr. Milligan has over 30 years financial management experience and has held the CFO position at Capstone, FCI Federal, Blue Canopy, HPTi, Anystream, and MRJ Technology Solutions. As HPTi CFO, Mr. Milligan was part of the executive management team that led an organic growth strategy that helped to build the company to $115M and 500 employees before the company was sold to DRC (now Engility) in 2011 for $143M.
Mr. Milligan will provide important financial expertise to the Technica Advisory Board including advice on creative approaches to leverage existing company assets and assess areas of investment from a financial planning perspective.
“I’m looking forward to being part of financial planning at Technica,” said Mr. Milligan. “There is much potential for the company’s current platform and augmenting the portfolio of contracts and past performance with the right financial investment.”
About Technica Corporation
Technica Corporation, founded in 1991, provides professional services, products, and innovative technology solutions to Defense, Intelligence, Law Enforcement, and civilian agencies. The company specializes in network operations and infrastructure; cyber defense and security; government application integration; product research and development; systems engineering and training; and product deployment planning, and support. For more information, please visit: www.technicacorp.com.