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Stock Market & Financial Investment News

News Breaks
July 8, 2014
08:01 EDTEGLEngility Holdings wins $11M contract to support NSWC PCD
Engility Holdings announced that it has been awarded an $11M contract to provide Landing Craft, Air Cushion Technical Support Activity Logistics and Technical Library Support to the Naval Surface Warfare Center, Panama City Division. Engility will provide logistics services to support sustainment of legacy logistics products, manage Fleet Modernization Program support, develop logistics support for new equipment introduced into the LCAC program, and related technical documentation. Engility’s support also will include logistics related data collection, logistics system monitoring and development of accurate logistic products to support the NSWC PCD LCAC In-Service Engineering Agent and the NSWC PCD LCAC Logistics Manager. Additionally, Engility will provide comprehensive logistics support for the LCAC, including maintenance planning, supply support, support equipment management, project support, training, and feedback resolution. The award represents recompete work for Engility and is a three-year, cost plus fixed fee contract.
News For EGL From The Last 14 Days
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May 20, 2015
07:32 EDTEGLEngility awarded $10.5M contract to support US Army's LMP
Engility announced it has been awarded a $10.5M contract to provide management, administrative, financial, technical and business transformation support to the U.S. Army's Logistics Modernization Program Product Management Office. LMP provides the Army with real-time situational awareness and highly improved decision making capabilities while significantly reducing logistics operational costs.
May 13, 2015
10:01 EDTEGLOn The Fly: Analyst Upgrade Summary
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06:42 EDTEGLEngility upgraded to Buy at Stifel
As previously reported, Stifel upgraded Engility to Buy from Hold with a $31 price target. The firm upgraded shares based on valuation, the improvement in government budgets, low cost structure, and expanded capabilities.

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