July 25, 2014 12:13 PM ET

IT Services

Company Overview of Engility Corporation

Company Overview

Engility Corporation provides information and communications systems, solutions, and services to the Department of Defense, the Department of Homeland Security, and intelligence and other government agencies in the United States. Its systems, solutions, and services include research and development, design, assembly, installation, integration, test and evaluation, deployment, logistics and operations support, maintenance, and training. The company offers systems and products, including transformational weapons systems, satellite communications systems, antennas/telemetry systems, tactical radios, signals intelligence systems, encryption devices, classified systems, and complex computer-based...

3750 Centerview Drive

Chantilly, VA 20151

United States

Founded in 1981

12,000 Employees

Phone:

703-708-1400

Fax:

703-708-5700

Key Executives for Engility Corporation

Chairman of the Board
Age: 75
Senior Vice President and President - Information Products Sector
Age: 59
Senior Vice President and President - Enterprise Support Services Sector
Age: 66
Senior Vice President and President - Maritime and Intelligence Sector
Age: 74
Senior Vice President and President - Sea and Air Sector
Age: 74
Compensation as of Fiscal Year 2014.

Engility Corporation Key Developments

Science Applications International, Allen Hamilton, Engility Corp and National Technologies Wins $10,553,653 Federal Share Contract

Science Applications International Corp. was awarded a share of a $10,553,653 federal contract by the U.S. Naval Air Warfare Center Aircraft Division, Patuxent River, Maryland, for business financial management and program and business analysis services in support of the Naval Air Warfare Center Aircraft Division. Booz Allen Hamilton Inc., Engility Corp. and National Technologies, Inc. shared in the award amount.

Science Applications International Corp., Booz Allen Hamilton Inc., Engility Corp. and National Technologies, Inc. Wins $10.55 Million Federal Contract for Business Financial Management and Program and Business Analysis Services

Science Applications International Corp. was awarded a share of a $10,553,653 federal contract by the U.S. Naval Air Warfare Center Aircraft Division, Patuxent River, Maryland, for business financial management and program and business analysis services in support of the Naval Air Warfare Center Aircraft Division. Booz Allen Hamilton Inc.; Engility Corp.; and National Technologies, Inc., shared in the award amount.

Titan Group Announces Earnings Results for the First Quarter of 2014; Provides Earnings Guidance for the Year 2014

Titan Group announced earnings results for the first quarter of 2014. For the quarter, the company reported turnover of €251.8 million against €235.2 million a year ago. EBITDA was €30.5 million against €23.3 million a year ago. Loss before tax was €9.7 million against €23.5 million a year ago. Net loss was €11.0 million against €27.1 million a year ago. Group net debt at the end of the first quarter of 2014 stood at €541 million, increased versus the end of 2013 due to seasonality, but still lower by €54 million compared to the same period in the previous year. Group capital expenditure in the first quarter of 2014 stood at €14 million against €6 million in the same period in 2013. The company provided earnings guidance for the year 2014. Recent trends in group markets appear to justify a certain degree of reserved optimism for 2014, despite continuing uncertainties. In the USA, cement consumption is picking up and is expected to grow strongly over the medium term, mainly due to the recovery in the residential housing market. As per the recent Portland Cement Association (PCA) estimates, cement demand is forecast to grow by 7.9% in 2014, by 10% in 2015 and by 10.2% in 2016. In Greece, for the first time in seven years, cement demand is expected to trend higher compared to the previous year. This positive development is primarily due to the execution of public infrastructure works. The outlook for residential building activity is not yet positive, despite the slight improvement witnessed in financial sentiment. Construction activity in the countries of Southeastern Europe is exhibiting signs of improvement compared to 2013, although overall demand for building materials is not expected to grow much in 2014. The group faces its great challenges in Egypt. In addition to the broader uncertainties, the situation has been further compounded by the acute shortage of fuel. The unavailability of natural gas is curtailing the plants' production much below capacity levels. Current and planned investments that will allow the utilization of solid and other secondary fuels, are not anticipated have a decisive impact during the course of the current year. In Turkey, demand continues to grow since, for the time being, public and private construction activity seem to retain their momentum.

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