CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE:EGL) today announced it has been selected as a prime contractor on a multi-million dollar contract to provide support of the Naval Air Warfare Center Aircraft Department, Air Traffic Control & Landing Systems Division (NAWCAD 4.5.8), located in Patuxent River and St. Inigoes, Maryland. The potential value of this five year indefinite delivery/indefinite quantity contract is $243 million if all options are exercised.
Under the contract, Engility may provide systems engineering, prototype development, testing, and integration and evaluation of equipment used in aircraft and ship platforms. This support will be applied to an array of U.S. Naval developmental Landing Systems programs. This newly awarded contract further expands the Company’s presence in the Naval Aircraft area.
“Engility is honored to support the Naval Air Traffic Control Systems Division through our work on this important contract,” said Tony Smeraglinolo, President and CEO of Engility. “This award reflects our strong past performance, our expertise in the engineering and technology lifecycle support market, and our commitment to the mission and success of our Navy customers.”
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 with approximately 7,000 employees worldwide and sales of $1.66 billion for 2012. 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, business plans, and our strategic realignment completed in the first quarter of 2013. 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 the Information Statement included 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.