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Tag Archives: Engility Holdings

KKR to Purchase Airbus’ Defense Electronics Business for $1.24B

acquisition, merger

New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and that it may control a …

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March 18 Market Close: GovCon Index Ends Week With a Three Day Positive Streak

GovConIndexUP

The GovCon Index continued it positive trend for the third consecutive day closing up 1.417% to 75.314. According to Bloomberg, the Dow and S&P 500 closed Friday in positive territory for 2016. Strong performance from emerging market stocks, and oil prices helped prop up stock prices. Top GovCon Index Gainers Symbol …

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March 17 Market Close: GovCon Index Up On Strong Economic Data

GovConIndexUP

The GovCon Index continued on a steady upward trend to close at 74.289, up 0.408%. The Index rode the market up as WTI broke the $40/barrel mark and on positive economic news from the Federal Reserve agreeing to hold interest rate firm, at least for the time being. According to Bloomberg, …

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February 19 Market Close: GovCon Index Up Slightly In Mixed Markets

GovConIndexUP

The GovCon Index showed a modest gain today closing at 71.436, up 0.066%, as both the Dow Jones Industrial and S&P500 closed slightly down from effects of sliding oil prices. The NASDAQ Composite ending the day in the positive receiving a boost from Applied Materials (AMAT.O) up 7.9% and rebound …

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USAID Taps Engility for Somalia Economic Project; Tony Smeraglinolo Comments

Tony Smeraglinolo

Engility Holdings (NYSE: EGL) will help lead implementation work for the U.S. Agency for International Development‘s Growth, Enterprise, Employment and Livelihood project in Somalia under a five-year, $74 million contract. The company said Tuesday the project works to provide small and midsize Somali enterprises access to business services and opportunities and stimulate private …

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Engility to Support USAID’s Sustainable Energy Programs in Eastern Europe; Tony Smeraglinolo Comments

Tony Smeraglinolo

Engility Holdings (NYSE: EGL) will provide technical consulting services to the U.S. Agency for International Development under a three-year, $8 million task order contract to support the agency’s Enhancing Capacity for Low Emission Development Strategies program. The company said Wednesday the time and materials task order awarded via the General Services Administration‘s professional and …

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Tony Smeraglinolo: Engility Supports Navy Drone Refueling Program with Navigation Software

Tony Smeraglinolo

TYSONS CORNER, VA June 15, 2015 — Executive Mosaic — Engility Holdings (NYSE: EGL) helped demonstrate an aerial refueling of the Northrop Grumman-built (NYSE: NOC) X-47B unmanned aircraft in April using navigation software the Chantilly firm has created for the U.S. Navy, ExecutiveBiz reported Friday. Tony Smeraglinolo, Engility president and …

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June 15 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWN

The GovCon Index ended at 76.334 on Friday’s close, losing 0.407 points following two straight days of gains. The Dow Jones Industrial Average was down 140.53 points to 17,898.84, the Standard & Poor’s 500 composite index fell 14.75 points to 2,094.11 and the NASDAQ composite index declined 31.41 points to 5,051.10. Top Percentage Gainers   Company   $ …

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Engility Secures $10M Follow-On Order for US Army Logistics Modernization Platform; Tony Smeraglinolo Comments

Tony Smeraglinolo

The U.S. Army has awarded Engility Holdings a one-year, $10 million follow-on order to provide management, enterprise transformation, financial and technical support services for the military branch’s Logistics Modernization Program Product Management Office. The company said Wednesday work will occur at several sites of the military service, including Alexandria, Virginia, …

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May 18 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWN

The GovCon Index closed slightly down Friday to 75.148 for a change of 0.078 percent. The Dow Jones Industrial Average rose 0.11 percent to 18,272.56, the Standard & Poor’s 500 composite index gained 0.04 percent to 2,122.02 and the NASDAQ composite index lost 0.05 percent to 5,048.29. Top Percentage Gainers   Company   Stock Price   …

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