Engility Wins $66 Million Contract to Provide Technical, Management and Analysis Services to Volpe Center

CHANTILLY, Va.--(BUSINESS WIRE)--

Engility Holdings, Inc. EGL, today announced it has been awarded a $66 million contract to provide technical, management, and analysis support to the John A. Volpe Transportation Systems Center. Specifically, Engility will support the ongoing development, evaluation, and management of the Federal Aviation Administration's Automatic Dependent Surveillance – Broadcast (ADS-B) program. The Cost Plus Fixed Fee award is valued at $66 million over three years.

ADS-B will provide the linchpin technology for the FAA's Next-Generation Air Transportation System (NextGen). The system is designed to make air travel more efficient, predictable, and environmentally friendly by moving air traffic control from ground-based radars to smarter, satellite-based, and digital technologies.

“ADS-B is one of the FAA's most critical programs and has an extraordinarily successful track record, having met all of its key program milestones since its inception in 2006,” said Engility President and CEO Tony Smeraglinolo. “The Volpe Center's selection of Engility to continue to provide technical and program support is a testament of our capabilities and the quality of support we have provided to the program over the last 8 years.”

ABOUT ENGILITY

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.

FORWARD-LOOKING STATEMENTS

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.