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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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April 16, 2015
16:09 EDTEGLEngility says awarded $24M contract by U.S. Agency for International Development
Engility announced it has been awarded a $24M contract by the U.S. Agency for International Development to provide technical assistance in Senegal, supporting the Feed the Future program and its goal to improve food security in developing countries. Under the Naatal Mbay project, Engility will provide on-the-ground support to strengthen and improve agricultural production, natural resource management and marketing in agricultural value chains. The contract represents re-compete work and is a cost-plus-fixed-fee, four-year award.
07:09 EDTEGLEngility awarded prime position on $7.2B INSCOM GISS contract
Engility announced it has been awarded a prime position on the $7.2B Global Intelligence Support Services Indefinite Delivery/Indefinite Quantity multiple-award contract administered by the U.S. Army Intelligence and Security Command. The contract will support a wide range of missions including intelligence analysis, electronic systems, intelligence surveillance and reconnaissance, systems, security systems, prototype intelligence hardware/software suites and quick reaction capability systems. Additional work will include supporting facilities to ensure they are and remain at the highest state of readiness, and business functions to ensure they are consistent with Army standards and directives. The five-year GISS IDIQ was originally bid by TASC, which was acquired by Engility in February of this year. Task orders awarded under this IDIQ will be cost-plus-fixed-fee, cost-plus-award-fee, time and materials and firm-fixed-price.

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