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Stock Market & Financial Investment News

News Breaks
June 18, 2014
18:18 EDTEGLEngility Holdings unit awarded $22.2M in task orders
Engility Holdings announced that its wholly-owned subsidiary, Dynamics Research Corporation, has been awarded modifications to two task orders totaling $22.2M to support a broad spectrum of engineering, testing and project management for the Medium Altitude Unmanned Aircraft Systems Division at Wright-Patterson Air Force Base in Ohio. Under the task orders, Engility will support a range of work at Wright-Patterson AFB and Palmdale and Poway, Calif. The work will include logistics management, project management, product and quality assurance, acquisition support and foreign military sales program management, and electrical and mechanical engineering. Additionally, Engility will support flight and ground test activities, weapons integration, flight operations scheduling and logistics management. The task orders, which represent extensions under the NAVAIR Logistics, Maintenance and Supply Support contract vehicle, have a total value of $22.2M, including a nine-month base valued at $13.1M, and two three-month option periods.
News For EGL From The Last 14 Days
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November 26, 2014
10:11 EDTEGLOn The Fly: Analyst Initiation Summary
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06:09 EDTEGLEngility Holdings initiated with a Buy at Drexel Hamilton
Target $49.
November 21, 2014
07:31 EDTEGLEngility Holdings awarded prime position on $61M contract to support NAWCWD
Engility Holdings announced it has won a $61M single award indefinite-delivery/indefinite-quantity contract to provide engineering services and related research, development, test and evaluation efforts in support of the Naval Air Warfare Center Weapons Division. Under this award, Engility will provide a range of engineering services for the functional organizations that support numerous Department of Defense weapons acquisition programs. These services will include: design studies and evaluations associated with research, development, production and operations. The work will also include the full spectrum of test engineering services, as well as transition engineering and related efforts to transfer new technology from concept to Fleet support. Additionally, Engility will provide support services required for the management of technical activities. Work will be performed at China Lake, California, Point Mugu, California and Patuxent River, Maryland. This award, which represents new work for Engility, is a cost-plus-fixed-fee IDIQ contract and is expected to be completed in December 2017.
November 17, 2014
08:49 EDTEGLEngility Holdings management to meet with FBR Capital
Meetings to be held in Dallas on November 17 and in Denver on November 18 hosted by FBR Capital.

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