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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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August 13, 2014
10:01 EDTEGLOn The Fly: Analyst Initiation Summary
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08:04 EDTEGLEngility Holdings initiated with a Buy at Maxim
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