CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $27.5 million contract to provide a broad range of technical services support to the Air Traffic Control (ATC) Systems Division of the Naval Air Warfare Center, Aircraft Department (NAWCAD) at Patuxent River, MD and St. Inigoes, MD.
Under this cost-plus-fixed-fee contract (one year base and four option years), Engility will assist the Navy in developing technologies for performing automated aerial refueling with commercial and military tankers and manned and unmanned air systems (UAS).
“Engility personnel have supported development of GPS technologies for the Navy’s automated aerial refueling program for more than 10 years. This award reinforces our company’s outstanding technical capabilities and strengthens our position as a prime provider of technical services,” said Engility President and CEO Tony Smeraglinolo. “The capability to refuel an unmanned aircraft will allow the Navy to extend the range and time aloft of its UAS platforms and we are proud to support this critical program and help develop these mission essential technologies.”
The technical services that Engility will provide for this program include program management, electrical and electronic engineering, software engineering, mechanical engineering and design, system architecture, guidance quality analysis, test planning, flight test data analysis, and rapid-prototyping of electro-mechanical systems for test execution.
The contract is a re-compete task order and a majority of the work by Engility will be performed through the company’s office in Hollywood, MD.
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, business plans, as well as the TASC transaction and its expected benefits. 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.