CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $50.7 million contract to provide technical, management, and analysis support to the John A. Volpe Transportation Center. Specifically, Engility will support the on-going development, evaluation, and management of programs within the Air Traffic Systems Directorate of the Federal Aviation Administration’s (FAA) Air Traffic Operations (ATO) Program Management Office. Work under this cost plus fixed-fee award, which represents a continuation of existing work, will be performed over 18 months.
Under this contract, Engility will provide support to programs such as En Route Automation Modernization (ERAM), and Terminal Automation Modernization Replacement (TAMR). ERAM enables air traffic controllers at the nation’s Air Route Traffic Control Centers to more efficiently manage air traffic, and TAMR is being used to modernize air traffic control systems at all of the United States’ major airports. These programs are key elements of the FAA’s Next-Generation Air Transportation System (NextGen), a major FAA initiative that will shift air traffic control from ground-based radars to smarter, satellite based and digital technologies and develop new procedures to make air travel more efficient, predictable and environmentally friendly.
“Engility’s continued support for the Volpe Center is a testament to the critical role that our engineers play in key programs like the NextGen initiative,” said Engility President and CEO Tony Smeraglinolo. “This contract award is the result of Engility’s nearly 25 years of experience with the Volpe Center and our enduring commitment to the future of air traffic control. It also complements our November 2014 $66 million award to support the Center’s Federal Aviation Administration’s Automatic Dependent Surveillance – Broadcast (ADS-B) program.”
ABOUT ENGILITY
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, estimated integration costs and acquisition related amortization expenses, business plans, as well as the TASC transaction and its expected 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, 2013, and 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.