CHANTILLY, Va., Oct. 21, 2015 /PRNewswire/ -- Engility Holdings, Inc. (NYSE:EGL), today announced the United States Agency for International Development (USAID) has awarded the company a five-year contract with a potential value of $35 million to provide technical and administrative support to the Latin America and Caribbean (LAC) Regional Office of USAID's Office of Foreign Disaster Assistance (OFDA).
Based in San Jose, Costa Rica, the Regional Disaster Assistance Program (RDAP) works side-by-side with OFDA to assist 27 countries in the LAC region. Under this program and in the event of emergencies, such as natural disasters, Engility teams deploy to disaster sites, perform damage assessments, and provide guidance on disaster response efforts to host country governments and local stakeholders. When not responding to a disaster, Engility provides year-round technical assistance for disaster preparedness and mitigation activities in the region, overseeing instruction in disaster management concepts, training methodologies and related technical disciplines.
"This award validates OFDA's trust and confidence in Engility to support ongoing efforts to refine and enhance USAID's emergency response capabilities in the LAC region," said Tony Smeraglinolo, President and CEO of Engility. "Our team has supported USAID and this program for more than 15 years and we appreciate the opportunity to continue our work on this critical program with USAID/OFDA."
This contract represents re-compete work and is a cost-plus-fixed-fee award. The contract covers one year with four optional years.
Engility is a pure-play government services provider that delivers highly skilled personnel wherever, whenever they are needed in a cost-efficient manner. The company proudly serves customers that span the federal services market including the Department of Defense, the Intelligence community, Space and Federal Civilian agencies. Headquartered in Chantilly, Virginia, Engility is a leading provider of specialized technical consulting, program and business support services, engineering and technology lifecycle support, information technology, modernization and sustainment, supply chain services and logistics management, and training and education for the U.S. Government. To learn more about Engility, please visit www.engilitycorp.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Engility's future prospects, projected financial results, estimated integration costs and acquisition related amortization expenses, and business plans. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are also used to identify these forward-looking statements. These statements are based on the current beliefs and expectations of Engility's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause Engility's actual results to differ materially from those described in the forward-looking statements can be found under the heading "Risk Factors" included in our Annual Report on Form 10-K for the year ended December 31, 2014 and more recent documents that have been filed with the Securities and Exchange Commission (SEC) and are available on the investor relations section of Engility's website (http://www.engilitycorp.com) and on the SEC's website (www.sec.gov). Forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In addition, historical information should not be considered as an indicator of future performance.
SOURCE Engility Holdings, Inc.