CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE:EGL), today announced that its wholly-owned subsidiary IRG has been awarded a $60 million single-award contract to provide training to enhance the ability of U.S. Agency for International Development (USAID) staff to design, implement and monitor development activities around the world.
The contract, a single-award indefinite-delivery/indefinite-quantity vehicle with a base period plus four option years, will be managed by USAID’s Office of Human Resources/Training and Education Division. This re-compete win is a follow-on contract to the existing Project/Program Management Training (PPMT) IQC, which Engility has managed for nine years.
Under this new opportunity, Engility training and learning specialists will assist USAID with designing, developing and delivering professional development for USAID employees worldwide through a combination of instructor-led training, web-based training, distance learning, and facilitation services. This instruction will help USAID staff plan and implement development project and activities in more than 80 countries. The Engility team also will continue to train USAID Contracting Officer’s Representatives around the world.
“We are very pleased to have won this award, which we believe is a reflection of the high-quality work our team has done for nine years under the PPMT contract,” said Engility President and CEO Tony Smeraglinolo. “We appreciate the confidence and trust USAID has placed in the work we have done, which has provided excellent training and integrated learning solutions for USAID staff around the world. USAID staff provides tremendously critical foreign assistance work on behalf of our country and we are honored to support the men and women who are working in these locations. Each one of them is making a difference in the lives of many.”
USAID is a U.S. federal agency that administers foreign assistance programs which provide economic and humanitarian support to more than 80 countries. USAID’s programs offer a wide range of services including disaster relief, poverty relief, socio economic development, and technical cooperation on global issues including energy and the environment.
Engility is a pure-play government services contractor providing highly skilled personnel wherever, whenever they are needed in a cost-effective manner. Headquartered in Chantilly, Virginia, Engility is a leading provider of specialized technical consulting, program and business support services, engineering and technology lifecycle support, information technology modernization and sustainment, supply chain services and logistics management, and training and education for the U.S. Government. To learn more about Engility, please visit www.engilitycorp.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Engility’s future prospects, projected financial results, estimated integration costs and acquisition related amortization expenses, and business plans. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are also used to identify these forward-looking statements. These statements are based on the current beliefs and expectations of Engility’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause Engility’s actual results to differ materially from those described in the forward-looking statements can be found under the heading “Risk Factors” included in our Annual Report on Form 10-K for the year ended December 31, 2013, and more recent periodic reports, which have been filed with the Securities and Exchange Commission (SEC) and are available on the investor relations section of Engility’s website (http://www.engilitycorp.com) and on the SEC’s website (www.sec.gov). Forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In addition, historical information should not be considered as an indicator of future performance.