Engility Holdings (EGL) Awarded $10M Task Order to Combat Chikungunya Virus

October 6, 2016 4:07 PM EDT

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Engility Holdings, Inc. (NYSE: EGL), today announced it was awarded a $10 million task order by the Walter Reed Army Institute of Research to conduct clinical trials for vaccines to combat the mosquito-borne Chikungunya virus. The task order was awarded under the $900 million indefinite delivery/indefinite quantity (IDIQ) medical product research and development (MPRD) contract for the U.S. Army Medical Research and Materiel Command.

“Our company has a long history of providing innovative medical research,” said Engility CEO Lynn Dugle. “With this contract, our Engility medical experts will work side-by-side with the researchers at the Walter Reed Institute to fight Chikungunya and protect our men and women in uniform and all of those vulnerable to this virus.”

Chikungunya, which has no vaccine, causes fever and joint pain. According to the Centers for Disease Control and Prevention, there were 1.7 million cases in the Americas in 2015, and it entered the continental United States for the first time in July 2016. Engility will assist the Walter Reed Army Institute of Research in gaining a better understanding of the efficacy of potential vaccines and any adverse impacts through these clinical trials.

The new 5-year contract was awarded in the third quarter and expands the company’s work in medical health and clinical trials.

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