Engility Holdings, Inc. (NYSE: EGL), today announced that it its wholly-owned subsidiary, IRG, has been awarded a $13.5 million task order by the U.S. Agency for International Development (USAID) to support clean energy initiatives in Ukraine.
USAID is a U.S. federal agency that administers foreign assistance programs which provide economic and humanitarian support to more than 80 countries. USAID’s programs offer a wide range of services including disaster relief, poverty relief, socio economic development, and technical cooperation on global issues including the environment.
Under this single-award cost-plus fixed fee contract, Engility will support USAID and Ukrainian efforts to improve the clean energy legislative and regulatory enabling environment, promote investments in clean energy, build capacity in the Ukrainian private and public sector to carry clean energy activities in the long-run, and enhance the capacity of the Ukrainian government to plan and implement low emissions development strategies.
“USAID is a tremendous organization that enhances the quality of life for so many people around the world, and we are extremely proud of our 34-year partnership with them. They administer so many important global programs, and we are honored to support them in their efforts to improve Ukraine’s access to reliable and affordable clean energy, and to improve their regulation and governance in the energy sector. This new win is an endorsement of the quality of the work we previously have completed with the Ukrainian government and USAID, and it is a true reflection of the outstanding specialized technical consulting services our employees offer to our customers every day,” said Engility President and CEO Tony Smeraglinolo.
ABOUT ENGILITY CORPORATION
Engility is a pure-play government services contractor providing highly skilled personnel wherever, whenever they are needed in a cost-effective manner. 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 with approximately 7,800 employees worldwide and sales of $1.66 billion for 2012. 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 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, 2012, and our more recent periodic reports, which 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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