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Stock Market & Financial Investment News

News Breaks
August 5, 2014
07:19 EDTEGLEngility Holdings wins $10M contract to provide training in African countries
Engility Holdings announced it has been awarded a $10.2M contract to train and prepare military battalions from Benin, Senegal and Niger as the units ready for participation in the United Nations Peacekeeping Mission in Mali. Through this contract, which was awarded under the Africa Contingency Operations Training and Assistance program operated by the U.S. Department of State, Africa Bureau, Engility will provide 12-week courses of intensive training for soldiers and battalion leaders. The company also will ship and provide the units with non-lethal military equipment, including helmets, vests, uniforms and boots. The ACOTA award is a two-year contract, base plus a one-year option and represents new work for Engility.
News For EGL From The Last 14 Days
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February 26, 2015
12:38 EDTEGLEngility Holdings announces completion of TASC acquisition
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February 23, 2015
14:03 EDTEGLEngility Holdings shareholders approve acquisition of TASC
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February 20, 2015
17:05 EDTEGLEngility declares $207M condiitional special cash dividend upon mergers closing
Engility Holdings announced that its board has declared a special cash dividend, conditioned upon the satisfaction or waiver of all conditions to closing its pending business combination with TASC. The special cash dividend will be in an aggregate amount of approximately $207M, with the per share amount of the special cash dividend to be determined based on Engility’s fully diluted share count immediately prior to closing. It is currently anticipated that the per share amount of the special cash dividend will be approximately $11.46. The special cash dividend will be payable in cash to Engility shareholders of record as of the close of business on the last business day immediately prior to the effective date of the proposed mergers. In order to receive the special cash dividend, Engility shareholders must hold their shares of Engility common stock through the date of the closing of the mergers.
08:04 EDTEGLEngility Holdings wins $27.6M contract to provide product, technical support
Engility Holdings announced it has been awarded a $27.6M contract to provide product and technical support for the development and testing of the Naval Avionics Platform Integration Emulator systems for U.S. Navy platforms. NAPIE systems enable rapid integration of cutting-edge prototype technologies, such as sensors or algorithms, into existing platforms. The work will be done for the Air Traffic Control Systems Division, Naval Air Warfare Center, Aircraft Department Patuxent River, MD. Under this contract, which represents a continuation of previous work, Engility will provide program management, engineering services, system architecture, guidance quality analysis, test planning, flight test data analysis, and field support to the NAWCAD/ATC Systems Division. Work under this cost-plus-fixed-fee award will be performed over five years.

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