Engility Holdings Inc fka EGL

[ThatGuy42]

Engility Awarded $10.5 Million Contract To Support U.S. Army's Logistics Modernization Program (LMP)

Official Press Release


Win Reflects Engility's Strong Performance and Mission Delivery on LMP

CHANTILLY, Va., May 20, 2015 /PRNewswire/ -- Engility Holdings, Inc. (NYSE:EGL), today announced it has been awarded a $10.5 million contract to provide management, administrative, financial, technical and business transformation support to the U.S. Army's Logistics Modernization Program (LMP) Product Management Office.

LMP provides the Army with real-time situational awareness and highly improved decision making capabilities while significantly reducing logistics operational costs.

"Logistics modernization is a cornerstone of the Army's transformation to an agile expeditionary force and we are extremely proud to be their partner on this program," said Engility's President and CEO Tony Smeraglinolo. "We appreciate the Army's confidence in our previous performance on LMP and look forward to continuing our work with members of the Army team."

This award, which represents follow-on work to a current contract, is a one year, time and material contract, with an option for a nine month extension. The work is performed at facilities in Marlton and Picatinny, NJ, Alexandria, VA and other Army sites where the LMP solution is deployed.