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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:02 EDTEGLEngility Holdings unit awarded $13.4M contract
Engility Holdings announced that its wholly owned subsidiary, Dynamics Research, has been awarded a $13.4M contract to support the Secure Payment System of the U.S. Department of Treasury. SPS provides secure transmission of payment data and strongly auditable certification of payments for the U.S. Government. Engility acquired DRC earlier this year. Engility, through a system they developed for the Bureau of the Fiscal Service’s Payment Management, will support the processing of more than one billion transactions with an estimated annual value of $2.5T. This system operates within a secure architecture that protects critically sensitive payment information. Engility also provides 24x7 support to more than 2,400 users in over 200 Federal Government organizations worldwide. This recompete contract was awarded by Treasury’s Bureau of the Fiscal Service and continues through 2018. It is a firm-fixed price task order against the GSA Schedule.
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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