2014 Press Releases

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Dec 10, 2014Engility Wins $66 Million Contract to Provide Technical, Management and Analysis Services to Volpe Center
Award Reflects Company’s Technical Capabilities, Exceptional Past Performance CHANTILLY, Va.--(BUSINESS WIRE)--Dec. 10, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $66 million contract to provide technical, management, and analysis support to the John A. Volpe Transportation Systems Center. Specifically, Engility will support the ongoing development, evaluation, and management of the Federal Aviation... 
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Dec 4, 2014Engility Announces Early Termination of Hart-Scott-Rodino Waiting Period for Proposed Acquisition of TASC
CHANTILLY, Va.--(BUSINESS WIRE)--Dec. 4, 2014-- Engility Holdings, Inc. (NYSE: EGL) today announced its receipt of notice from the Federal Trade Commission of the early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”) with respect to Engility’s proposed acquisition of TASC. As previously announced, on October 28, 2014, Engility entered into a definitive ag... 
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Dec 1, 2014Engility Ranked 12th in Victory Media’s 2015 Top Military Friendly Employers List
Award Reflects Engility’s Enduring Commitment to Military Veterans Transitioning to the Civilian Workforce CHANTILLY, Va.--(BUSINESS WIRE)--Dec. 1, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced it was ranked 12th in the 2015 Military Friendly® Employers List by Victory Media, publisher of G.I. Jobs® and Military Spouse. Engility competed against 5,000 companies, each with annual revenues in excess of $500 million, by compl... 
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Nov 21, 2014Engility Awarded Prime Position on $61 Million Contract to Provide Engineering Services to Naval Air Warfare Center, Weapons Division
Award Expands Engility’s Strong Portfolio of Work Supporting NAWCWD CHANTILLY, Va.--(BUSINESS WIRE)--Nov. 21, 2014-- Engility Holdings, Inc. (NYSE:EGL) today announced it has won a $61 million single award indefinite-delivery/indefinite-quantity (IDIQ) contract to provide engineering services and related research, development, test and evaluation efforts in support of the Naval Air Warfare Center Weapons Division (NAWCWD). Under this a... 
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Nov 3, 2014Engility Awarded Position on $650 Million Contract to Support Overseas Initiatives in Sustainable Urban Development
Award Reflects Strong Track Record Addressing Urban and Municipal Challenges CHANTILLY, Va.--(BUSINESS WIRE)--Nov. 3, 2014-- Engility Holdings, Inc. (NYSE:EGL) today announced that it has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract with a $650 million ceiling to provide technical advisory services to the U.S. Agency for International Development (USAID). The five-year contract represents new work. Task orders issued... 
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Oct 31, 2014Engility Wins $31 Million Contract to Provide IT Management Services to U.S. Department of Veterans Affairs
Award Represents New Work and Reflects Company’s Expertise and Proven Past Performance CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 31, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $31 million contract to provide information technology (IT) management services, application services and subject matter expertise to the U.S. Department of Veterans Affairs (VA) Office of Information and Technology, Product Development ... 
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Oct 28, 2014Engility Reports Third Quarter 2014 Results
Third quarter revenue of $345 million and GAAP diluted EPS of $0.73 Adjusted operating margin of 8.9% and adjusted diluted EPS of $0.86 Book-to-bill ratio of 1.2x for third quarter 2014 Third quarter 2014 cash flow from operations of $37 million Increases GAAP and adjusted EPS guidance ranges CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 28, 2014-- Engility Holdings, Inc. (NYSE: ... 
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Oct 28, 2014Engility Enters into Definitive Agreement to Acquire TASC
Highly Complementary Businesses Will Create a Leader in Government Services Industry with Greater Scale and Diversified Customer Base Transaction to Provide Access to Important Intelligence Community Customer Base and Deliver Substantial Cost Savings Immediately Increases Free Cash Flow Expected to be Significantly Accretive to 2016 Adjusted EPS Engility Stockholders to Receive Special Dividend of Approximately $11.40 Per Share in Cash CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 28, 2014-- E... 
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Oct 22, 2014Engility Wins $42.9 Million Contract to Provide System Engineering and Technical Support for U.S. Navy
Win Reflects Engineering and Technical Expertise, Outstanding Performance CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 22, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced it has won a $42.9 million contract to provide system engineering, design, prototype, and testing and evaluation for shipboard and shore-based electronic systems under a program supporting the Naval Air Warfare Center Aircraft Division (NAWCAD). This new co... 
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Oct 15, 2014Engility Wins $23 Million Contract to Provide Engineering and Analytical Support to NextGen Program
Win Reflects Technical Capabilities and Strong Past Performance CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 15, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $23 million contract to provide engineering and analytical support to help the U.S. Department of Transportation (DOT) and the Federal Aviation Administration (FAA) implement the Next Generation Air Traffic Control System, commonly known as NextGen. Ne... 
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Oct 10, 2014Engility to Announce Third Quarter 2014 Financial Results on November 6, 2014
CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 10, 2014-- Engility Holdings, Inc. (NYSE: EGL) will release third quarter 2014 financial results after market close on Thursday, November 6, 2014. The Company will host a conference call at 5 p.m. Eastern Time the same day to discuss the financial results. Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (www.engilitycorp.com). ... 
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Oct 8, 2014Engility Wins $9.2 Million Contract to Support U.S. Marine Corps Director of Intelligence Programs
Win Reflects Engility’s Strong Engineering Capabilities and Past Performance CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 8, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced Engility has been awarded a $9.2 million contract by the United States Marine Corps (USMC) to support the Director of Intelligence (DIRINT) in developing and sustaining the Marine Corps’ Intelligence, Surveillance, and Reconnaissance Enterprise (MCISR-E). ... 
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Oct 3, 2014Engility Wins $50 Million Task Order to Support Veterans Benefits Management System (VBMS) Records Program
Win Reflects Engility’s Strong Past Performance, In-depth Technical Knowledge CHANTILLY, Va.--(BUSINESS WIRE)--Oct. 3, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $24.9 million base year task order to provide an array of engineering, technical and program management support for the Veterans Affairs Department’s principal benefits management program, the Veterans Benefits Management System (VBMS). The option... 
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Sep 19, 2014Engility Wins Multiple Positions on GSA One Acquisition Solution for Integrated Services (OASIS) Contract
Win Strengthens Engility’s Position in Military and Civilian Markets CHANTILLY, Va.--(BUSINESS WIRE)--Sep. 19, 2014-- Engility Holdings, Inc. (NYSE:EGL), and its subsidiary Dynamics Research Corporation (DRC), have been awarded a position on the One Acquisition for Integrated Services (OASIS) contract, a government-wide indefinite delivery/indefinite quantity (IDIQ) contract that will be administered by the General Services Administration (GSA... 
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Sep 18, 2014Engility wins $24.6 Million Award to Support USAID Efforts to Promote Private Sector Investments in Rwanda Agriculture
Win Reflects Engility's Strong Technical Capabilities in Agriculture Value Chains and in East Africa CHANTILLY, Va.--(BUSINESS WIRE)--Sep. 18, 2014-- Engility Holdings, Inc. (NYSE:EGL) today announced it has been awarded a $24.6 million contract to provide technical advisory services to the U.S. Agency for International Development (USAID) and the Rwandan government as the two work together to strengthen the agricultural sector in that country... 
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Aug 7, 2014Engility Reports Second Quarter 2014 Results
Second quarter revenue of $364 million and GAAP diluted EPS of $0.61 Adjusted operating margin of 8.1% and adjusted diluted EPS of $0.83 Second quarter 2014 cash flow from operations of $32 million, driven by improved DSOs Book-to-bill ratio of 0.8x for the second quarter 2014 Updates 2014 Outlook CHANTILLY, Va.--(BUSINESS WIRE)--Aug. 7, 2014-- Engility Holdings,... 
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Aug 5, 2014Engility Wins $10 Million Contract to Provide Training in African Countries Participating in UN Peacekeeping Mission in Mali
New Work Expands Engility’s Presence in Africa CHANTILLY, Va.--(BUSINESS WIRE)--Aug. 5, 2014-- Engility Holdings, Inc. (NYSE:EGL) today announced it has been awarded a $10.2 million contract to train and prepare military battalions from Benin, Senegal and Niger as the units ready for participation in the United Nations Peacekeeping Mission in Mali. Through this contract, which was awarded under the Africa Contingency Operations ... 
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Jul 22, 2014Engility Wins $10 Million Award to Support USAID Efforts to Reduce Greenhouse Gas Emissions in Guatemala
Win Reflects Engility's Strong Past Performance and Experience in Guatemala CHANTILLY, Va.--(BUSINESS WIRE)--Jul. 22, 2014-- Engility Holdings, Inc. (NYSE:EGL) today announced that it has been awarded a $10.1 million contract to provide technical advisory services to the Guatemala office of the U.S. Agency for International Development (USAID) and the Guatemalan government to support the development and implementation of a low emissions develo... 
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Jul 14, 2014Engility to Announce Second Quarter 2014 Financial Results on August 7, 2014
CHANTILLY, Va.--(BUSINESS WIRE)--Jul. 14, 2014-- Engility Holdings, Inc. (NYSE: EGL) will release second quarter 2014 financial results after market close on Thursday, August 7, 2014. The company will host a conference call at 5 p.m. Eastern Time the same day to discuss the financial results. Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (www.engilitycorp.com). ... 
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Jul 8, 2014Engility Wins $11 Million Contract to Support the Naval Surface Warfare Center, Panama City Division
Win Strengthens Engility’s Position as a Provider of Logistics Services to the U.S. Navy CHANTILLY, Va.--(BUSINESS WIRE)--Jul. 8, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that it has been awarded an $11 million contract to provide Landing Craft, Air Cushion (LCAC) Technical Support Activity Logistics and Technical Library Support to the Naval Surface Warfare Center, Panama City Division (NSWC PCD). Engility wil... 
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Jul 2, 2014Engility Awarded $13 Million Contract to Support the U.S. Department of Treasury’s Secure Payment System
Win Reflects Engility’s High Performance Computing Capabilities CHANTILLY, Va.--(BUSINESS WIRE)--Jul. 2, 2014-- Engility Holdings, Inc. (NYSE:EGL) today announced that its wholly owned subsidiary, Dynamics Research Corporation (DRC), has been awarded a $13.4 million contract to support the Secure Payment System (SPS) of the U.S. Department of Treasury. SPS provides secure transmission of payment data and strongly auditable certification of payments f... 
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Jun 18, 2014Engility Subsidiary Awarded $22.2 Million in Task Orders for Support with USAF Unmanned Aircraft Program
Two Task Orders Will Support the Predator and Reaper Programs CHANTILLY, Va.--(BUSINESS WIRE)--Jun. 18, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that its wholly-owned subsidiary Dynamics Research Corporation (DRC) has been awarded modifications to two task orders totaling $22.2 million to support a broad spectrum of engineering, testing and project management for the Medium Altitude Unmanned Aircraft Systems (MAUAS) Division at ... 
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Jun 9, 2014Engility to Present at the 2014 Drexel Hamilton Aerospace and Defense Conference
CHANTILLY, Va.--(BUSINESS WIRE)--Jun. 9, 2014-- Engility Holdings, Inc. (NYSE: EGL), announced today that Tony Smeraglinolo, President and Chief Executive Officer, and Mike Alber, Senior Vice President and Chief Financial Officer, will present at the 2014 Drexel Hamilton Aerospace and Defense Conference in New York City on Thursday, June 12, 2014, at approximately 4:15 p.m. Eastern Time. This presentation will be available live via webcast on the... 
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Jun 9, 2014Engility Wins $60 Million Contract to Support USAID Training and Staff Development Worldwide
Company to provide training and integrated learning solutions that will support USAID Mission capabilities to plan for and meet critical challenges CHANTILLY, Va.--(BUSINESS WIRE)--Jun. 9, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that its wholly-owned subsidiary IRG has been awarded a $60 million single-award contract to provide training to enhance the ability of U.S. Agency for International Development (USAID) staff to desi... 
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Jun 4, 2014Engility Files Shelf Registration Statement
CHANTILLY, Va.--(BUSINESS WIRE)--Jun. 4, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that it has filed a universal shelf registration statement on Form S-3 with the United States Securities and Exchange Commission (SEC). The shelf registration statement, which was effective upon filing, allows the Company to issue various types of securities, including debt, common stock and preferred stock, or any combination thereof. At the present time,... 
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May 12, 2014Engility Reports First Quarter 2014 Results
First quarter revenue of $339 million and GAAP diluted EPS of $0.50 Adjusted operating margin of 6.8% and adjusted diluted EPS of $0.60 DRC integration proceeding ahead of plan Reiterates fiscal year 2014 revenue, EPS and cash flow guidance CHANTILLY, Va.--(BUSINESS WIRE)--May 12, 2014-- Engility Holdings, Inc. (NYSE: EGL) today announced financial results for the first quarter ended March... 
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May 8, 2014Engility to Present at the RBC Capital Markets’ 2014 Aerospace & Defense Conference
CHANTILLY, Va.--(BUSINESS WIRE)--May 8, 2014-- Engility Holdings, Inc. (NYSE:EGL), announced today that Mike Alber, Senior Vice President and Chief Financial Officer, and Craig Reed, Senior Vice President of Strategy and Corporate Development, will present at the RBC Capital Markets’ 2014 Aerospace & Defense conference in New York City on Wednesday May 14, 2014 at approximately 3:20 p.m. Eastern Time. This presentation will be available li... 
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Apr 24, 2014Engility Wins $11 Million Contract to Support U.S. Air Force Remotely Piloted Aircraft Program
Win Strengthens Engility’s Position in the UAV market space and with ISR Operational and Support Tasks CHANTILLY, Va.--(BUSINESS WIRE)--Apr. 24, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that it has been awarded an $11 million contract to provide a range of operational and technical support services to the U.S. Air Force Air Combat Command (ACC) 432d Wing, Creech AFB, NV Remotely Piloted Aircraft (RPA) systems. ... 
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Apr 23, 2014Engility Awarded Position on $2.5 Billion Contract to Support Overseas Initiatives that Advance Peace and Democracy in Countries in Transition
Award Reflects Strong Performance and Specialized Technical Consulting Capabilities CHANTILLY, Va.--(BUSINESS WIRE)--Apr. 23, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that its wholly-owned subsidiary, IRG, has been awarded a position on a $2.5 billion indefinite-delivery/indefinite quantity (IDIQ) contract to provide specialized technical consulting to local partners working to advance peace and democracy in priority c... 
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Apr 16, 2014Engility Wins $40 Million Electronic Warfare Weapons System Contract
Contract Award Continues Engility’s High Technology Support for EW Program CHANTILLY, Va.--(BUSINESS WIRE)--Apr. 16, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that it has won a $40 million single award indefinite-delivery/indefinite-quantity (IDIQ) contract to support modifications of electronic warfare (EW) weapons systems for several of U.S. Navy and Australian aircraft. The contract was awarded by the Naval Air Warfare Cent... 
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Apr 15, 2014Engility to Announce First Quarter 2014 Financial Results on May 12, 2014
CHANTILLY, Va.--(BUSINESS WIRE)--Apr. 15, 2014-- Engility Holdings, Inc. (NYSE: EGL) will release first quarter 2014 financial results after market close on Monday, May 12, 2014. We will host a conference call at 5 p.m. Eastern Time the same day to discuss the financial results. You can access a webcast of the live conference call from the Investor Relations section of the company's website (www.engilitycorp.com). Participants should go to... 
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Mar 24, 2014Engility Subsidiary Awarded Position on $10 Million Contract to Provide Systems Engineering Support for Branch of U.S. Army Armament Research Development and Engineering Center
Award Reflects Company’s Experience and Excellent Performance CHANTILLY, Va.--(BUSINESS WIRE)--Mar. 24, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that its wholly-owned subsidiary Dynamics Research Corporation has won a position on a $10 million indefinite-delivery/indefinite quantity (IDIQ) contract to provide systems engineering support to an array of programs for the U.S. Army Armament Research Development and Engineering Center, S... 
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Mar 13, 2014Engility Reports Fourth Quarter and Full Year 2013 Results; Establishes 2014 Guidance
Fourth quarter revenue of $329 million and adjusted diluted EPS of $1.00 Adjusted operating margin increases to 9.3% from 8.9% in the prior quarter Fourth quarter 2013 cash flow from operations of $41 million and $151 million for fiscal year 2013 Fourth quarter 2013 book-to-bill ratio of 1.1 CHANTILLY, Va.--(BUSINESS WIRE)--Mar. 13, 2014-- Engility Holdings, Inc. (NYSE:... 
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Mar 12, 2014Engility Subsidiary Dynamics Research Corporation Awarded Army Contract Worth Up to $497 Million to Support Communications-Electronics Research, Development and Engineering Center
Company to provide research and development services to the Space and Terrestrial Communications Directorate for trusted communications and networking technologies CHANTILLY, Va.--(BUSINESS WIRE)--Mar. 12, 2014-- Engility Holdings (NYSE: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 ... 
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Mar 11, 2014Engility Wins Position on $50 Million Multi-Award Contract to Support USN Anti-Submarine Warfare Sensor Systems
Award Reflects Company’s Performance on High Technology Systems and Systems Engineering CHANTILLY, Va.--(BUSINESS WIRE)--Mar. 11, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that it has won a position on a $50 million multi-award contract to provide a range of engineering and technology support for U.S. Navy anti-submarine warfare (ASW) sensor systems. Under this new contract, which was awarded by the Naval Air Warfare ... 
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Mar 10, 2014Engility Awarded $14 Million Task Order to Strengthen Philippine Government’s Capacity to Increase Climate Change Resilience and Mitigation
CHANTILLY, Va.--(BUSINESS WIRE)--Mar. 10, 2014-- Engility Holdings, Inc. (NYSE:EGL) today announced that its wholly-owned subsidiary, IRG, has been awarded a $14 million task order by the U.S. Agency for International Development (USAID)/Philippines for the Building Low Emission Alternatives to Develop Economic Resilience and Sustainability (B-LEADERS) project. Engility will support USAID/Philippines efforts to strengthen the capacity of t... 
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Feb 26, 2014Engility Wins $24.9 Million Contract as Part of Multiple Award to Support U.S. Navy Explosive Ordnance Disposal (EOD) Technology and Training
Engility to Provide Technical and Engineering Expertise to EOD Mission CHANTILLY, Va.--(BUSINESS WIRE)--Feb. 26, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that it has been awarded a position on a $24.9 million indefinite-delivery/indefinite quantity (IDIQ) contract for engineering and technical support at the Naval Surface Warfare Center Indian Head Explosive Ordnance Disposal Technology Division. Under this new... 
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Jan 31, 2014Engility Completes Acquisition of Dynamics Research Corporation
Accretive Acquisition Adds Scale and Expands Addressable Market, Customer Base and Capabilities CHANTILLY, Va.--(BUSINESS WIRE)--Jan. 31, 2014-- Engility Holdings, Inc. (NYSE: EGL) today announced it has completed the acquisition of Dynamics Research Corporation (“DRC,” NASDAQ: DRCO). DRC is a U.S. government services, information technology and management consulting firm with leading capabilities in Healthcare, Homeland Security, Research & D... 
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Jan 29, 2014Engility to Present at the Cowen and Company 35th Annual Aerospace/Defense & Transportation Conference
CHANTILLY, Va.--(BUSINESS WIRE)--Jan. 29, 2014-- Engility Holdings, Inc. (NYSE:EGL), announced today that Mike Alber, Senior Vice President and Chief Financial Officer, and Craig Reed, Senior Vice President of Strategy and Corporate Development, will present at the Cowen and Company 35th Annual Aerospace/Defense & Transportation Conference in New York City on February 5, 2014 at approximately 10:30 a.m. Eastern Time. This presentation will... 
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Jan 29, 2014Engility Completes Tender Offer for All Outstanding Shares of Dynamics Research Corporation
CHANTILLY, Va.--(BUSINESS WIRE)--Jan. 29, 2014-- Engility Holdings, Inc. (NYSE:EGL) (“Engility”) today announced the successful completion of its previously announced tender offer for all of the outstanding shares of common stock of Dynamics Research Corporation (“DRC”) for $11.50 per share in cash, without interest and subject to any required withholding taxes. The tender offer expired at midnight, New York City time, at the end of the da... 
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Jan 16, 2014Engility to Announce Fourth Quarter and Full Year 2013 Financial Results on March 13, 2014
CHANTILLY, Va.--(BUSINESS WIRE)--Jan. 16, 2014-- Engility Holdings, Inc. (NYSE: EGL) will release fourth quarter and full year 2013 financial results after market close on Thursday, March 13, 2014. We will host a conference call at 5 p.m. Eastern Time the same day to discuss the financial results. You can access a webcast of the live conference call from the Investor Relations section of the company's website (www.engilitycorp.com). Partic... 
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Jan 14, 2014Engility Announces Early Termination of Hart-Scott-Rodino Waiting Period for Acquisition of Dynamics Research Corporation
CHANTILLY, Va.--(BUSINESS WIRE)--Jan. 14, 2014-- Engility Holdings, Inc. (NYSE: EGL) (“Engility”) today announced its receipt of notice from the Federal Trade Commission of the early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”) with respect to Engility’s proposed acquisition of Dynamics Research Corporation (“DRC”) (NASDAQ: DRCO). As previously announc... 
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Jan 14, 2014Engility to Present at the Noble Financial Capital Markets’ Tenth Annual Equity Conference
CHANTILLY, Va.--(BUSINESS WIRE)--Jan. 14, 2014-- Engility Holdings, Inc. (NYSE: EGL), announced today that Mike Alber, Senior Vice President and Chief Financial Officer, and Craig Reed, Senior Vice President of Strategy and Corporate Development, will present at the Noble Financial Capital Markets' Tenth Annual Equity Conference in Port St. Lucie, Florida on January 21, 2014 at approximately 8:30 a.m. Eastern Time. This presentation will b... 
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Jan 9, 2014Engility Wins $29.6 Million Award to Support U.S. Navy’s Aircraft Launch and Recovery Equipment Program
New Contract Reflects Engility Engineers’ Outstanding Performance CHANTILLY, Va.--(BUSINESS WIRE)--Jan. 9, 2014-- Engility Holdings, Inc. (NYSE:EGL), today announced that it has been awarded a $29.6 million contract to provide engineering and technology support to the U.S. Navy’s Aircraft Launch and Recovery Equipment (ALRE) program This new contract, which was awarded by the Naval Air Warfare Aircraft Division based in Lakehurst, NJ, will acc... 
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