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Engility Holdings (NYSE: EGL) has won a five-year,  $40 million contract to continue helping the U.S. and Australian military forces modernize electronic warfare weapons systems. The Naval Air Warfare Center’s weapons division awarded the indefinite-delivery/indefinite-quantity contract through a re-compete,...
A-T Solutions and Engility Corp. (NYSE: EGL) have won positions on a potential three-year, $24, 882, 608 contract to perform systems engineering and technical analysis work for U.S. Navy programs to develop technology for defeating improvised explosive devices. The Naval Surface Warfare Center’s Indian Head Explosive Ordnance Disposal Techn...
Engility Holdings (NYSE: EGL) has closed its $11.50-per-share acquisition of Dynamics Research Corp. as part of a growth strategy to target markets such as healthcare and homeland security. DRC holds 300 active contracts and that figure includes several positions on indefinite-delivery/indefinite-quality contract vehicles awarded by the Defense Dep...
Engility Holdings (NYSE: EGL) has completed a cash tender offer to acquire Dynamics Research Corp. (NASDAQ: DRCO) for $11.50 each. Eighty-six percent of DRC’s common stock or 9, 025, 528 shares have been tendered in the tender offer that expired Tuesday midnight, New York City time, Engility said Wednesday. Jim Regan, DRC’s chairman an...
Engility Holdings Inc. (NYSE: EGL) has agreed to acquire consulting firm Dynamics Research Corp. (NASDAQ: DRCO) in an effort to gain new customers and contracts, grow scale and diversify its service offerings. Both companies’ board of directors have signed off on the deal for Engility to buy all of DRC’s outstanding common shares for $11...
Engility Holdings (NYSE: EGL) has won $20.7 million fixed-price contract to help the U.S. Marine Corps mange a communications system used for air and ground missions. The five-year, fixed-price contract covers software management and mission support services for the service branch’s Beyond Line of Sight systems, Engility said Tuesday. Marine...
A joint venture of Engility Holdings (NYSE: EGL) and AECOM Technology Corp. (NYSE: ACM) has been awarded a $142 million contract option to continue analytical, legal, program and business support work for the Justice Department‘s Asset Forfeiture Program. The single-award, indefinite-delivery/indefinite-quantity, time and material contract c...
Engility Holdings‘ (NYSE: EGL) IRG subsidiary has won a $13.5 million task order to help the U.S. Agency for International Development carry out clean energy programs in Ukraine. IRG and USAID will collaborate to update clean energy regulations, drive investments in that sector and help the country’s private and public sectors build up c...
Engility Holdings (NYSE: EGL) has won a $9.7 million contract to provide engineering services to the U.S. Army for a vehicle research and development program. The three-year contract calls for Engility to work with the Army’s Aberdeen Proving Ground, Md.-based research laboratory vehicle technology directorate on platform mechanics, propulsion te...
Engility Holdings (NYSE: EGL) has closed on a $450 million senior secured credit facility that replaces its current $400 million credit facility. The fresh facility comprises of a $200 million term loan and a $250 million revolving credit with a five-year term, Engility said Monday. Engility also purchased an accordion feature to increase its debt ...
