CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $23 million contract to provide engineering and analytical support to help the U.S. Department of Transportation (DOT) and the Federal Aviation Administration (FAA) implement the Next Generation Air Traffic Control System, commonly known as NextGen.
NextGen is the FAA’s key initiative to shift air traffic control from ground-based radar to “smarter,” satellite-based and digital technologies and procedures designed to make air travel more efficient and predictable, resulting in a reduced impact on the environment.
“This win reflects the outstanding technical capabilities of our team and their exceptional past performance at the Volpe National Transportation Systems Center,” said Engility President and CEO Tony Smeraglinolo. “We appreciate the confidence our DOT customer has placed in our work and look forward to supporting the NextGen program.”
This task order award represents a combination of new and recompete work, and is a cost plus fixed fee contract with a 38-month period of performance.
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.