|By Business Wire||
|September 23, 2016 07:30 AM EDT|
Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $16 million contract to deliver advanced training solutions and embedded advisory support to the U.S. Marine Corps (USMC). The Space and Naval Warfare Systems Center (SSC) Atlantic selected Engility to support and train warfighters on USMC command and control systems worldwide.
“With this contract, we have the opportunity to help modernize the Marine Corps training program with a variety of live, virtual and simulation environments,” said Engility CEO Lynn Dugle. “The Marines have come to rely on Engility to provide innovative training and technical expertise as well as program management and logistics support to their missions around the world.”
Engility will develop and deliver training support on newly-fielded equipment and software. Additionally, the company will develop virtual-world 3-D immersive training environments to host USMC training suitable for use in a media-rich classroom or in a mobile app to accommodate individual distance learning. Engility will also supply Command Post Systems Advisors, who will be embed with the Marine Expeditionary Force and major supporting commands. These advisors will support information management officers, who are responsible for the deployment and use of command and control systems within their respective units.
The third quarter cost-plus-fixed-fee win represents a re-compete award with an expanded level of effort for the multiple programs supported by Engility. The award is for one year with a one-year option.
Engility Holdings, Inc. (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.
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