Engility Holdings, Inc. has announced that its wholly owned subsidiary, Dynamics Research Corporation (DRC), has been awarded a $13.4 million contract to support the Secure Payment System (SPS) of the U.S. Department of Treasury. SPS provides secure transmission of payment data and strongly auditable certification of payments for the U.S. Government. Engility acquired DRC earlier this year.
Engility, through a system they developed for the Bureau of the Fiscal Service’s Payment Management, will support the processing of more than one billion transactions with an estimated annual value of $2.5 trillion. This system operates within a secure architecture that protects critically sensitive payment information. Engility also provides 24×7 support to more than 2,400 users in over 200 Federal Government organizations worldwide. Engility has supported the Payment Management mission for over 10 years through its high performance computing capability.
“This win reflects the outstanding performance that our people have provided for over a decade and we are honored by the confidence the U.S. Department of Treasury has placed in our company in continuing this critical mission,” said Engility President and CEO Tony Smeraglinolo.
This recompete contract was awarded by Treasury’s Bureau of the Fiscal Service and continues through 2018. It is a firm-fixed price task order against the GSA Schedule.
