Engility Subsidiary Dynamics Research Corporation Awarded Army Contract Worth Up to $497 Million to Support Communications-Electronics Research, Development and Engineering Center

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

Engility Holdings EGL today announced that one of its subsidiaries has been awarded a $497 million indefinite delivery/indefinite quantity (IDIQ) contract with the U.S. Army Communications-Electronics Research, Development and Engineering Center (CERDEC), Space and Terrestrial Communications Directorate (S&TCD), at Aberdeen Proving Ground, MD.

The contract was bid last year by Dynamics Research Corporation (DRC), which became a wholly-owned subsidiary of Engility on January 31, 2014. Engility through DRC is one of eight large prime contractors awarded the Technical, Administrative, and Operations Support Services (TAOSS) contract. CERDEC is the Army's center with the mission to develop and integrate Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) technologies that enable information dominance and decisive lethality for the networked Warfighter.

Under the terms of the contract, Engility will lead a team of 21 companies that will support secure wireless military communications and network technologies, as well as provide research and development, engineering, logistics and business operations support for the S&TCD. The contract has a three-year period of performance with two option years.

“Engility and its new team members are looking forward to supporting this critical mission, which will help the Army improve and consolidate its C4ISR capabilities and systems,” said Engility President and CEO Tony Smeraglinolo. “Our innovative technical services, ranging from systems engineering to high performance computing, can boost the Army's ability to meet increasing demands for secure communications to the tactical edge.”

ABOUT ENGILITY CORPORATION

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 and business plans. 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” in our Annual Report on Form 10-K for the year ended December 31, 2012, and our 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.

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

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