Engility Wins Prime Positions on $5.75 Billion IDIQ to Deliver Training and Consulting Services to Federal Agencies

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

Engility Holdings, Inc. EGL, today announced it has been awarded prime positions on the $5.75 billion Human Capital and Training Solution (HCaTS) indefinite delivery/indefinite quantity (IDIQ) contract, a strategic sourcing partnership between the U.S. Office of Personnel Management (OPM) and the General Services Administration (GSA).

The contract was awarded in two pools: Pool 1 (Professional and Management Development Training) has a ceiling of $3.45 billion, and Pool 2 (Human Resources Consulting Services) has a ceiling of $2.3 billion. Engility was awarded a prime position on both pools and will provide training and development services, human capital strategy and organizational performance improvement.

"Our customers have come to rely on Engility's proven expertise in customized training and performance improvement services," said Engility CEO Lynn Dugle. "This contract enables us to continue delivering best-value training solutions to support critical missions across the federal government."

HCaTS was developed as the strategic sourcing vehicle for the federal government and allows all federal agencies to obtain human capital management and training services, both in the United States and overseas. The contract will support OPM's Training and Management Assistance (TMA) program. Engility has provided training support under a previous contract with TMA.

The IDIQ vehicle, which has a ceiling value of $5.75 billion, offers flexibility to use all contract types and provides pricing at the task order level. The award has a 5-year base, one 5-year option, one 6-month option and an additional 5-year period to complete tasks, bringing the total potential period of performance to 15.5 years.

ABOUT ENGILITY

Engility 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.

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.

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