CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE:EGL), has received a $16 million task order extension to provide technology to support the U.S. Navy’s tactical afloat network. The extension was awarded by the Space and Naval Warfare Systems (SSC) Atlantic.
“This win allows Engility to continue providing domain expertise that will allow the Navy tactical afloat networks to dominate the cyber warfare arena,” said Engility CEO Lynn Dugle. “Ensuring that our Naval infrastructure is managed and integrated properly is a critical mission and we look forward to continuing this specialized support.”
The extension further establishes Engility’s capabilities as an integrator of SSC Atlantic products and services for afloat and shore commands.
Formally known as Consolidated Afloat Networks and Enterprise Services (CANES), this network will allow the Navy to deploy current technology and operating systems and upgrade to the latest technology and equipment advances when they become available. The Engility team will provide software and networking services for CANES programs related to data, transport, voice and video services, systems management and cybersecurity system performance. The Company also will support a range of other services, including command, control, communications and computer readiness assessment, system grooms and other related fleet service missions.
Awarded in the second quarter of 2016, this is an 18-month cost-plus-fixed-fee task order extension.
Engility (NYSE: EGL), a leading provider of mission-critical and highly technical services to the U.S. government, is engineered to make a difference. Built on a five-decade commitment to our customers and our country, Engility delivers world-class performance, efficiency and value in a broad range of services, including engineering and technology life cycle support, program and business support and specialized technical consulting. Headquartered in Chantilly, Virginia, and with offices around the world, Engility supports customers throughout the defense, intelligence, space, federal civilian and international communities, drawing on our intimate understanding of customer needs, our deep domain expertise and our highly skilled employees to develop and deliver on-target solutions. To learn more about Engility, please visit www.engilitycorp.com and connect with us on Facebook, LinkedIn and Twitter.
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 and the timing of such 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, 2015, and more recent documents that 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.