HOUSTON, TX/ACCESSWIRE/6 Jan 2022/ENG (NASDAQ: ENG), Defense Logistics Services (DLA), a leading provider of innovative project delivery solutions to the energy industry, today announced that its wholly owned subsidiary, Global Government Services, Inc (EGS), has been awarded a $4.4 million contract extension by the Logistics Agency. Defense (DLA), a sub-layer of the Department of Defense, to provide Automated Fuel Handling Equipment (AFHE) support at an undisclosed DLA facility.
The contract extension consists of eleven monthly release orders valued at approximately $400,000 each. To date, the DLA has issued release warrants through April 2022 with a current total of approximately $1.6 million.
EGS is one of three major contractors operating regularly under the DLA’s AFHE Temporary Support Scheme. EGS’s work on these missions typically includes technical upgrades and updates to existing AFHE systems at the many US military bases located around the world.
ENG has provided diverse refueling system solutions to the U.S. military for the past 17 years, serving at more than 150 locations, and continues to expand our services to meet the needs of our federal, state and local clients.
“We are proud to receive this assignment from DLA, one of our most valuable clients. As always, we look forward to applying our engineering expertise to this critical area of our country’s defense infrastructure,” said Kevin Holfield, Senior Vice President, EGS.
ENG (NASDAQ: ENG) is the leading provider of complete project solutions for renewable and conventional energy throughout the United States and internationally. ENG operates through two business segments: commercial and government services. The commercial sector provides engineering, design, manufacture, construction and integration of automated control systems as a complete solution to our clients. The Government Services segment provides the engineering, design, installation, operation, and maintenance of numerous government, public sector and international facilities, specializing in complete automation and automation systems for the US defense industry worldwide. More information about the company and its business is available at www.englobal.com.
Safe harbor for forward-looking statements
The above statements about the Company’s expectations, including those regarding its future results and operations, and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties. For a discussion of risks and uncertainties, which could cause actual results to differ from those in the forward-looking statements, see ENG’s filings with the Securities and Exchange Commission, including the company’s most recent reports on Form 10-K and 10-Q, and other SEC filings.
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