MORRISVILLE, N.C.--(BUSINESS WIRE)--USfalcon announced today that it has completed the asset acquisition of Durango Group LLC from Galen Capital Corporation. USfalcon has established a wholly owned subsidiary under the name of Durango Group Inc. (DGI) located in Crystal City, VA to hold the purchased assets.
Durango Group LLC was founded by retired USAF General Ron Fogleman in 2005. In 2007, the firm was acquired by Galen Capital Corporation. Durango Group provided strategic advice and senior consulting services. The new DGI organization will provide Advisory Services to business and government clients in order to be the preeminent National Security Advisory Organization.
"This is a significant milestone that allows the Durango Group to realize its full potential. The combination of the experience and expertise of the Durango Group associates with the success and business acumen of the USfalcon organization will allow Durango Group Inc. to become a major player in the business development and advisory services area." – General Ron Fogleman, USAF Retired, Chairman Emeritus, Current Board Member.
“DGI provides focused Advisory Services to business and government clients as a preeminent National Security Advisory Organization. With their strong leadership team, they will be a great asset,” stated Russell Johnsen, President, USfalcon Inc. “Our greatest resource is our people, and DGI significantly enhances our strength in the National Security market-place, while USfalcon provides them the financial strength and infrastructure required to grow as a platform company.”
“I believe the Durango Group Inc. will be greatly enhanced by the relationship with USfalcon and as a result it will be able to achieve exciting levels of growth.” – General Gregory “Speedy” Martin, USAF Retired, Chairman Emeritus, Current Board Member.
About Durango Group Inc
DGI is a wholly owned subsidiary of USfalcon Inc. and provides advisory services and solutions for Aerospace, Defense and National Security markets. For more information, visit the website at www.durango.usfalcon.com.
USfalcon provides integrated technology solutions worldwide to Department of Defense clients in the areas of C4ISR Operations, Aerospace Mission Support, Engineering, Information Technology, Logistics and Training. It has been recognized as one of the fastest growing privately held companies in the United States. USfalcon has offices in Morrisville, NC, Shrewsbury, NJ, Crystal City, VA, Lowell, MA, Hampton Roads, VA and Colorado Springs, CO. For more information, visit the website at www.usfalcon.com.