Engility Awarded $38 Million Dollar Contract to Provide NAVAIR Airworthiness Contractor Support Services

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

Engility Holdings, Inc. EGL today announced the Naval Air Systems Command (NAVAIR) Airworthiness and CYBERSAFE Office has awarded the company with a $38 million contract to provide a range of technical services supporting aircraft safety-of-flight determinations and preparing the resulting flight clearances.

Engility's team of skilled professionals will collaborate with the Airworthiness and CYBERSAFE Office to deliver services and products to NAVAIR and the warfighter. The team will conduct research and analysis and make recommendations regarding aircraft airworthiness. Engility also will convert Navy flight and technical information manuals to a digital format, making them fully accessible on electronic and mobile devices. This program office also develops the policies and criteria for certifying aircraft and weapons systems for their cybersecurity posture, and Engility will provide the engineering support to perform these services.

Engility received the Cost-Plus-Fixed-Fee contract, which includes one base year and three additional one-year options, in the second quarter of this year.

"This new work builds upon Engility's long-standing system engineering support to NAVAIR," said Engility CEO Lynn Dugle. "We are proud to be selected to help develop the next generation of digital management solutions which will accelerate the delivery of flight safety documents to the Fleet."

About Engility

Engility EGL is engineered to make a difference. Built on five decades of heritage, Engility is a leading provider of integrated solutions and services for the U.S. government, supporting customers throughout defense, intelligence, space, federal civilian and international communities. Engility delivers world-class performance, efficiency and best value in a broad range of services from global security to information security, and international development to research and development. Headquartered in Chantilly, Virginia, and with offices around the world, Engility draws upon its intimate understanding of customer needs, deep domain expertise, and skilled team to develop and deliver on-target solutions for critical missions. To learn more about Engility, please visit www.engilitycorp.com and connect with us on Facebook, LinkedIn and Twitter.

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 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.

Engility Holdings, Inc.
Corporate Communications
Eric Ruff, 703-375-6463
eric.ruff@engilitycorp.com
or
Investor Relations
Dave Spille, 703-375-4221
dave.spille@engilitycorp.com

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!