Edition:
India

Engility Holdings Inc (EGL.N)

EGL.N on New York Stock Exchange

35.27USD
21 Sep 2018
Change (% chg)

$0.86 (+2.50%)
Prev Close
$34.41
Open
$34.45
Day's High
$35.42
Day's Low
$34.45
Volume
292,668
Avg. Vol
54,266
52-wk High
$38.24
52-wk Low
$21.30

Latest Key Developments (Source: Significant Developments)

Science Applications International Announces Terms of Engility Deal Termination
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Engility Holdings Inc ::SCIENCE APPLICATIONS INTERNATIONAL - ENGILITY TO PAY TERMINATION FEE OF $50 MILLION PLUS CO’S EXPENSES IF DEAL TERMINATED BY CO, UNDER CONDITIONS.SCIENCE APPLICATIONS INTERNATIONAL - CO TO PAY A TERMINATION FEE OF $100 MILLION PLUS EXPENSES TO ENGILITY IF DEAL TERMINATED IN CERTAIN CIRCUMSTANCES.  Full Article

Science Applications International To Buy Engility
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Science Applications International Corp ::SAIC TO ACQUIRE ENGILITY UNITING TWO LEADING TECHNOLOGY INTEGRATORS.SCIENCE APPLICATIONS INTERNATIONAL CORP - $2.5 BILLION ALL-STOCK TRANSACTION, INCLUDING ASSUMPTION OF $900 MILLION OF ENGILITY'S DEBT.SCIENCE APPLICATIONS INTERNATIONAL CORP - DEAL FOR $2.5 BILLION ALL-STOCK TRANSACTION.SCIENCE APPLICATIONS INTERNATIONAL CORP - DEAL ACCRETIVE TO CASH EPS.SCIENCE APPLICATIONS INTERNATIONAL CORP - DEAL ACCRETIVE TO CASH EPS DRIVEN BY EXPECTED NET COST SYNERGIES OF $75 MILLION.SCIENCE APPLICATIONS INTERNATIONAL - ENGILITY STOCKHOLDERS WILL RECEIVE FIXED EXCHANGE RATIO OF 0.450 SHARES OF SAIC STOCK FOR EACH SHARE OF ENGILITY STOCK.SCIENCE APPLICATIONS INTERNATIONAL CORP - TRANSACTION IS VALUED AT $40.44 PER SHARE OF ENGILITY COMMON STOCK.SCIENCE APPLICATIONS INTERNATIONAL CORP - UPON CLOSING, SAIC SHAREHOLDERS WILL OWN APPROXIMATELY 72% OF COMBINED CO.SCIENCE APPLICATIONS INTERNATIONAL CORP - SAIC EXPECTS NO IMMEDIATE CHANGE TO ITS QUARTERLY CASH DIVIDEND AS A RESULT OF THIS TRANSACTION.SCIENCE APPLICATIONS INTERNATIONAL CORP - SAIC HAS OBTAINED A FINANCING COMMITMENT LETTER.SCIENCE APPLICATIONS INTERNATIONAL CORP - PROCEEDS WILL BE USED TO REPAY ENGILITY'S EXISTING DEBT AND ASSOCIATED FEES.SCIENCE APPLICATIONS INTERNATIONAL CORP - TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY BOTH BOARDS OF DIRECTORS.SCIENCE APPLICATIONS INTERNATIONAL CORP - BUSINESSES WILL CONTINUE TO OPERATE SEPARATELY UNTIL TRANSACTION CLOSES.  Full Article

Engility Wins $85 Million Navy Systems Engineering Contract
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Engility Holdings Inc ::ENGILITY WINS $85 MILLION NAVY SYSTEMS ENGINEERING CONTRACT.ENGILITY - RE-COMPETE CONTRACT WIN IS SINGLE AWARD INDEFINITE DELIVERY/INDEFINITE QUANTITY CONTRACT.ENGILITY HOLDINGS - WON NAVAL AIR WARFARE CENTER AIRCRAFT DIVISION CODE AIR-4.1-SYSTEMS ENGINEERING DEPARTMENT CONTRACT IN APRIL.  Full Article

Engility Reports Q2 GAAP Earnings Per Share $0.32
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Engility Holdings Inc ::ENGILITY REPORTS SECOND QUARTER 2018 RESULTS.Q2 GAAP EARNINGS PER SHARE $0.32.Q2 REVENUE $489 MILLION VERSUS I/B/E/S VIEW $472.3 MILLION.Q2 EARNINGS PER SHARE VIEW $0.47 -- THOMSON REUTERS I/B/E/S.COMPANY IS REITERATING THE FISCAL YEAR 2018 GUIDANCE.  Full Article

Engility Holdings Says Wins $41 Mln Marine Corps Global Command & Control System Task Order
Thursday, 24 May 2018 

May 24 (Reuters) - Engility Holdings Inc ::ENGILITY HOLDINGS - WINS $41 MILLION MARINE CORPS GLOBAL COMMAND & CONTROL SYSTEM TASK ORDER.  Full Article

Engility Wins $90 Million Navy Enterprise Services Support Task Order
Tuesday, 1 May 2018 

May 1 (Reuters) - Engility Holdings Inc ::ENGILITY WINS $90 MILLION NAVY ENTERPRISE SERVICES SUPPORT TASK ORDER.ENGILITY HOLDINGS INC - TACNET TECHNICAL AND PRODUCTION SUPPORT TASK ORDER WAS AWARDED BY SPACE AND NAVAL WARFARE SYSTEMS CENTER ATLANTIC.ENGILITY - WON FIVE-YEAR, $90 MILLION SEAPORT-E TASK ORDER.  Full Article

Engility Awarded $76 Mln In Contracts To Engineer And Secure Intelligence Systems
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Engility Holdings Inc ::ENGILITY AWARDED $76 MILLION IN CONTRACTS TO ENGINEER AND SECURE INTELLIGENCE SYSTEMS.ENGILITY HOLDINGS INC - WON THREE SOLE-SOURCE AWARDS WITH U.S. INTELLIGENCE COMMUNITY IN Q1 OF 2018, TOTALING $76 MILLION.  Full Article

Department Of Defense Selects Engility To Provide Chemical And Biological Defense Expertise
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Engility Holdings Inc ::ENGILITY HOLDINGS INC - ‍SECURED A POSITION ON DEPARTMENT OF DEFENSE CONTRACT TO PROVIDE CHEMICAL AND BIOLOGICAL DEFENSE EXPERTISE​.ENGILITY HOLDINGS - ‍$8 BILLION MULTI-AWARD INDEFINITE DELIVERY INDEFINITE QUANTITY VEHICLE ALLOWS DOD TO OBTAIN RESEARCH, DESIGN, AND DEVELOPMENT SERVICES​.ENGILITY HOLDINGS INC - ‍WITH A 10-YEAR BASE AND A 5-YEAR OPTION, NEW AWARD WILL INCLUDE SOME RECOMPETE WORK AS WELL AS NEW OPPORTUNITIES​.  Full Article

Engility Awarded Alliant 2 Contract With $50 Bln Ceiling
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Engility Holdings Inc ::ENGILITY AWARDED ALLIANT 2 CONTRACT WITH $50 BILLION CEILING.ENGILITY HOLDINGS SAYS SECURED POSITION ON ALLIANT 2 GOVERNMENT-WIDE ACQUISITION CONTRACT WITH GENERAL SERVICES ADMINISTRATION.  Full Article

Engility Holdings Inc - ‍Secured A $20 Mln Task Order With Naval Air Warfare Center, Aircraft Division To Maintain AN/SPN-43 Radar
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Engility Holdings Inc ::ENGILITY HOLDINGS INC - ‍SECURED A $20 MILLION TASK ORDER WITH NAVAL AIR WARFARE CENTER, AIRCRAFT DIVISION TO MAINTAIN AN/SPN-43 RADAR.  Full Article

SAIC to buy rival government services contractor Engility for $1.5 billion

WASHINGTON Science Applications International Corp (SAIC) said on Monday it will acquire Engility Holdings Inc for $1.5 billion in stock, a deal that will turn it into the second-largest independent U.S. government services contractor.