Engility Wins $10 Million Task Order to Combat Chikungunya Virus

Medical work supports Walter Reed Army Institute of Research

CHANTILLY, Va.--()--Engility Holdings, Inc. (NYSE:EGL), today announced it was awarded a $10 million task order by the Walter Reed Army Institute of Research to conduct clinical trials for vaccines to combat the mosquito-borne Chikungunya virus. The task order was awarded under the $900 million indefinite delivery/indefinite quantity (IDIQ) medical product research and development (MPRD) contract for the U.S. Army Medical Research and Materiel Command.

“Our company has a long history of providing innovative medical research,” said Engility CEO Lynn Dugle. “With this contract, our Engility medical experts will work side-by-side with the researchers at the Walter Reed Institute to fight Chikungunya and protect our men and women in uniform and all of those vulnerable to this virus.”

Chikungunya, which has no vaccine, causes fever and joint pain. According to the Centers for Disease Control and Prevention, there were 1.7 million cases in the Americas in 2015, and it entered the continental United States for the first time in July 2016. Engility will assist the Walter Reed Army Institute of Research in gaining a better understanding of the efficacy of potential vaccines and any adverse impacts through these clinical trials.

The new 5-year contract was awarded in the third quarter and expands the company’s work in medical health and clinical trials.

ABOUT ENGILITY

Engility (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.

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.

Contacts

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

Release Summary

Engility Wins $10 Million Task Order to Combat Chikungunya Virus

Contacts

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