Engility Holdings, Inc. (NYSE: EGL) today announced that it has been awarded a contract to support the Space and Naval Warfare Systems Center (SPAWARSYSCEN) Atlantic, Charleston, S.C. Engility will provide Security Engineering expertise to SPAWARSYSCEN Atlantic in support of the National Capital Region. The other key required services will include analysis, development, acquisition, integration, installation, testing, software development and maintenance, and integrated logistical support for Anti-Terrorism/Force Protection (AT/FP) Systems.
One of the primary goals of this contract is to further enable the U.S. Navy’s initiatives in terms of anti-terrorism measures and unified force protection. The potential cumulative value of this indefinite-delivery/indefinite-quantity (IDIQ) multi-award contract (MAC) is an estimated $224,900,000 to be shared among the winning bidders.
“This contract is new but represents an expansion of the critical support services Engility has already been providing for the past twelve years on behalf of the SPAWARSYSCEN Atlantic Enterprise. Engility is proud to contribute to the success of this vital mission. We have a highly skilled team of professionals who currently provide superior engineering and innovative IT support to SPAWAR and its customers. We are very pleased to have the opportunity to help make a difference on behalf of the Navy and its Federal government partners,” said Tony Smeraglinolo, President and CEO of Engility.
About Engility CorporationEngility is a pure-play Government Services contractor providing highly-skilled personnel wherever, whenever they are needed, in a cost effective manner. Headquartered in Chantilly, VA, Engility is a leading provider of systems engineering services, training, program management, and operational support for the U.S. government worldwide, with more than 8,000 employees worldwide and projected sales of $1.6 billion for 2012. To learn more about Engility, please visit the company’s website at www.engilitycorp.com. You can also find on the website a copy of the company’s Form 10 Registration Statement, as filed with the Securities and Exchange Commission, which contains detailed business and financial information regarding Engility. FORWARD-LOOKING STATEMENTS This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the Exchange Act) relating to our operations, results of operations and other matters that are based on our current expectations, estimates, assumptions and projections. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV