Engility Holdings Inc fka EGL

[ThatGuy42]

Engility Wins $24 Million Contract To Provide Technical Assistance To USAID/Senegal Agricultural Program

Official Press Release

Work Reinforces Company's Worldwide Expertise in Agricultural Practices
CHANTILLY, Va., April 16, 2015 /PRNewswire/ -- Engility Holdings, Inc. (NYSE: EGL), today announced it has been awarded a $24 million contract by the U.S. Agency for International Development (USAID) to provide specialized technical assistance in Senegal, supporting the Feed the Future program and its goal to improve food security in developing countries.

Under the Naatal Mbay project, Engility will provide on-the-ground support to strengthen and improve agricultural production, natural resource management and marketing in key agricultural value chains (Naatal Mbay means "Flourishing Agriculture" in the Wolof language).

"The Senegal agricultural effort represents the flagship project in USAID's Feed the Future Presidential Mandate program," said Engility President and CEO Tony Smeraglinolo. "Under this contract, we will continue to support the important work that is being done to help the farmers and agricultural programs in that country. This win also strengthens Engility's worldwide leadership in technical assistance and in particular, the areas of economic growth and agricultural improvement."

The contract represents re-compete work and is a cost-plus-fixed-fee, four-year award.