Tag Archives: Engility Holdings

Engility to Announce First Quarter 2013 Financial Results on May 13, 2013

By Business Wirevia The Motley Fool

Filed under:

Engility to Announce First Quarter 2013 Financial Results on May 13, 2013

CHANTILLY, Va.–(BUSINESS WIRE)– Engility Holdings, Inc. (NYS: EGL) will release first quarter 2013 financial results after market close on Monday, May 13, 2013. We will host a conference call at 5 p.m. Eastern Time the same day to discuss the financial results.

You can access a webcast of the live conference call from the Investor Relations section of the company’s website (www.engilitycorp.com). Participants should go to the website at least 15 minutes before the live event to download and install any necessary audio software.

Listeners may also participate in the conference call by dialing (877) 415-3180 (domestic) or (857) 244-7323 (international) and entering pass code 68184706.

A replay will be available on the company’s website approximately two hours after the conference call and continuing for one year. A telephonic replay also will be available through May 20, 2013 at (888) 286-8010 (domestic) or (617) 801-6888 (international) and entering pass code 60472283.

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.

Engility Holdings, Inc.
Corporate Communications and Media
Eric Ruff, 703-375-6463
eric.ruff@engilitycorp.com
or
Investor Relations
Dave Spille, 703-375-4221
dave.spille@engilitycorp.com

KEYWORDS:   United States  North America  Virginia

INDUSTRY KEYWORDS:

The article Engility to Announce First Quarter 2013 Financial Results on May 13, 2013 originally appeared on Fool.com.

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From: http://www.dailyfinance.com/2013/04/11/engility-to-announce-first-quarter-2013-financial-/

A "Good" Friday for Pentagon Contractors Yields $374 Million in Contracts

By Rich Smith, The Motley Fool

Filed under:

Much of America was on holiday Friday — but America’s Department of Defense never sleeps, and on Friday, the generals were hard at work awarding defense contracts. Some of the lucky (publicly traded) winners were:

  • General Dynamics , whose Ordnance and Tactical Systems unit split a $100.6 million “indefinite-delivery/indefinite-quantity, fixed-price with economic price adjustment, multiple-award” contract to supply “M107 projectile metal parts” (for 155mm howitzer rounds) with fellow munitions supplier IMT Defense of Westerville, Ohio. Both companies are contracted to supply the needed munitions through March 26, 2018.
  • British defense contractor BAE Systems , which won an $85.5 million cost-plus-fixed-fee contract all for itself. This contract hires BAE to perform research, development, test, and evaluation services in support of the U.S. Army’s Future Warfare Center. Simultaneously, a contract of identical size — $85.5 million — and description was awarded to Huntsville, Ala.-based Quantum Research International. Both contracts run through Sept. 30, 2015.
  • Engility Holdings , which was awarded $77.9 million in a cost-plus-fixed-fee, incrementally funded contract to train U.S. and Coalition forces serving in Afghanistan in “law enforcement and investigation techniques.” This contract runs through Dec. 31, 2014.
  • CACI Technologies , which won a $14 million cost-plus-fixed-fee modification, extending a previously awarded contract to support program analysis, communications, human resources and other activities at the Navy’s Expeditionary Warfare Program Office, through March 2014.
  • United Technologies‘ , whose Pratt & Whitney division won $10.8 million to supply the Air Force with aircraft engine compressors and spare parts. Completion date: Dec. 30, 2016.

 

The article A “Good” Friday for Pentagon Contractors Yields $374 Million in Contracts originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of General Dynamics. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Why Engility Holdings' Shares Popped

By Travis Hoium, The Motley Fool

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Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.

What: Shares of government service provider Engility Holdings jumped 20% today after the company reported earnings.

So what: Fourth-quarter revenue was $396 million, and adjusted earnings per share were $0.77, both ahead of the company’s estimates. Analysts had set their earnings target at just $0.50, so the results were much better than Wall Street expected.  

Now what: Despite budget cutbacks, the company appears to be doing fairly well. Funded backlog grew to $856 million from $788 million last quarter, a strong indication of future results. Shares traded at just 10 times forward earnings, and if this strong performance continues, I think shares will move higher.

Interested in more info on Engility Holdings? Add it to your watchlist by clicking here.

The article Why Engility Holdings’ Shares Popped originally appeared on Fool.com.

Fool contributor Travis Hoium and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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