Veterans Affairs Awards Engility $16.8 Million Contract for Program Operations Solution
December 02 2016 - 7:30AM
Business Wire
Engility Holdings, Inc. (NYSE: EGL), today announced it was
awarded a firm fixed price contract for the Department of Veterans
Affairs (VA) Office of Information and Technology (OI&T). The
award has a total value of $16.8 million and includes optional
tasks for software enhancements and four 12-month option periods.
VA OI&T oversees and facilitates Information Technology (IT)
activities for the VA, improving the effectiveness of program
operations and assisting line and staff organizations in performing
their missions. Under the contract, Engility will provide for
operations, enhancements and maintenance of the Budget Tracking
Tool (BTT), a government-owned off-the-shelf application that was
ported to VA OI&T in 2005 and supports the entire planning,
programming, budget and execution (PPBE) lifecycle.
“Federal agencies like the VA have come to rely on Engility to
improve and modernize their planning, budgeting and program
execution lifecycle process,” stated Engility CEO Lynn Dugle. “We
value the opportunity to continue working with the VA as they
deliver important services to our nation’s 22 million Veterans and
their families.”
BTT provides a standardized, automated tool for efficiently
managing the VA’s PPBE lifecycle. A version of the application is
also in use at the Internal Revenue Service. This effort will allow
the Engility team to continue to enhance, maintain and support the
software. BTT gives VA analysts, managers and executives access to
PPBE information using a web-based tool with a centralized data
repository that allows for multi-user access and robust user
permissions ensuring the VA can generate accurate and timely
budgets.
About Engility
Engility Holdings, Inc. (NYSE: EGL), a leading provider of
mission-critical and highly technical services to the U.S.
government, is engineered to make a difference. Built on a
five-decade commitment to our customers and our country, Engility
delivers world-class performance, efficiency and value in a broad
range of services, including engineering and technology life cycle
support, program and business support and specialized technical
consulting. Headquartered in Chantilly, Virginia, and with offices
around the world, Engility supports customers throughout the
defense, intelligence, space, federal civilian and international
communities, drawing on our intimate understanding of customer
needs, our deep domain expertise and our highly skilled employees
to develop and deliver on-target solutions. To learn more about
Engility, please visit www.engilitycorp.com and connect with us on
Facebook, LinkedIn and Twitter.
Forward-Looking Statements
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, business plans, as well
as the TASC transaction and its expected benefits and the timing of
such benefits. 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, 2015, 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20161202005053/en/
Corporate CommunicationsEngility Holdings, Inc.Roela Santos,
703-984-6246roela.santos@engilitycorp.comorInvestor
RelationsEngility Holdings, Inc.Dave Spille,
703-375-4221dave.spille@engilitycorp.com
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