Engility Holdings, Inc. (NYSE:EGL) today announced the U.S. Department of Transportation’s (DOT) Volpe National Transportation Systems Center has awarded a $369 million contract to provide engineering and technical services as well as financial and program management supporting the modernization of this country’s air traffic management system, known as NextGen.
“Engility supports the Federal Government’s high priority mission to develop and implement leading-edge technology that advances the efficiency and safety of our nation’s aviation transportation system,” said Engility CEO Lynn Dugle. “This award reflects our DOT team’s strong capabilities and past performance, and we look forward to continuing this partnership.”
Under this contract, the Engility team will support the Federal Aviation Administration Air Traffic Organization’s Program Management Office (PMO). This win broadens Engility’s support to the PMO, which is the lynchpin for the FAA’s acquisition and implementation of NextGen, as well as all communications, navigation, weather, surveillance and automation modernization programs.
Key data points: The growth forecast is 6.2% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the digital intelligent hardware analysis oscilloscope market to 2031 by type (digital storage oscilloscopes (DSOs), mixed signal oscilloscopes (MSOs), portable oscilloscopes, and benchtop oscilloscopes), connectivity (usb, ethernet, wi-fi, and bluetooth), application (electronics design and test, automotive diagnostics, industrial automation, research & development, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesThis five-year single award contract has a ceiling value of $369 million. It is a fourth-quarter win representing a combination of new and existing work, which primarily will be performed as cost-plus-fixed-fee.
