Engility awarded USD29m contract by US navy to Support Air Cushion Vehicles (Hovercraft).
M2 EQUITYBITES-July 13, 2016-Engility awarded USD29m contract by US navy to Support Air Cushion Vehicles (Hovercraft)
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Engility Holdings Inc (NYSE:EGL) announced on Tuesday the award of a USD29m contract supporting the Naval Surface Warfare Centre Panama City Division (NSWC PCD) to deliver a broad spectrum of engineering services for Air Cushion Vehicles (ACV).
The ACV is the landing craft used by the US Navy to move materiel and personnel from ship to shore and across the beach.
This new five-year cost-plus-fixed-fee contract, awarded in Q2, encompasses legacy work Engility is delivering on the Landing Craft Air Cushion (LCAC)-1 Class and broadens work into the new Ship-to-Shore Connector LCAC-100 Class.
According to Engility, its Expeditionary Solutions team will provide Expeditionary Warfare Command, Control, Communications, Computers, Navigation, & Electrical (C4N&E) services, including the entire model-based engineering lifecycle ranging from requirements development to engineering design and from development to fleet support.
Engility is a provider of integrated solutions and services for the US government, supporting customers throughout defence, intelligence, and space, federal civilian and international communities.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jul 13, 2016|
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