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MarketScreener Homepage  >  Equities  >  Nyse  >  ASGN Inc    ASGN

ASGN INC

(ASGN)
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ECS : to Lead Scientific Research for NOAA on $3B ProTech Oceans Domain IDIQ

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02/12/2019 | 09:49am EDT

ECS team will provide science, engineering, and research solutions for NOAA’s National Ocean Service

ECS, a leader in advanced technology, science, and engineering solutions, has been named a prime awardee on ProTech Oceans Domain, a five-year, $3B multiple-award indefinite delivery/indefinite quantity (IDIQ) contract serving the National Oceanic and Atmospheric Administration’s National Ocean Service (NOAA NOS). The award comes on the heels of ECS winning prime contractor status on the ProTech Fisheries Domain IDIQ in September 2018.

On the ProTech Oceans Domain contract, ECS will lead a team of scientists, engineers, and consultants to support NOS’ mission to address evolving economic, environmental, and social pressures on oceans and coasts. Primary subject areas include navigation services, coastal research and observations, emergency response, and place-based conservation.

The ECS team will provide applied research, development, engineering, and operations solutions; conduct and produce oceanographic studies, analyses, and reports; carry out field sampling, data collection, and surveys; and provide additional services including consulting, program and project management, and capacity building.

“Science-based decision-making, supported by established scientific methods, is critical in creating our desired outcome: safe, healthy, and productive oceans and coasts,” said Gustavo Rubio, vice president of science and research at ECS, and program manager for the contract. “We look forward to supporting NOAA NOS scientists, natural resource managers, and specialists. Together, we will ensure safe and efficient marine transportation, protect coastal communities, and work to conserve marine and coastal places.”

“We are honored to have this opportunity to continue our partnership with NOAA to protect the earth’s natural resources,” said George Wilson, president of ECS. “We have assembled some of the nation’s most talented scientists to share resources and expertise in support of the NOAA National Ocean Service mission.”

ECS has supported multiple NOAA offices for the past 19 years, consistently earning exceptional customer satisfaction scores and direct, positive customer feedback highlighting ECS’ ability to deliver the highest quality products, services, and solutions.

About ECS

ECS, a segment of ASGN, delivers advanced solutions and services in cloud, cybersecurity, artificial intelligence (AI), machine learning (ML), application and IT modernization, and science and engineering. The company solves critical, complex challenges for customers across the U.S. public sector, defense, intelligence and commercial industries. ECS maintains partnerships with leading cloud, cybersecurity, and AI/ML providers and holds specialized certifications in their technologies. Headquartered in Fairfax, Virginia, ECS has more than 2,400 employees throughout the U.S. and has been recognized as a Top Workplace by The Washington Post for the last five years. For more information, visit www.ECStech.com.

About ASGN

ASGN Incorporated (NYSE: ASGN) is a leading provider of IT and professional services in the technology, creative, digital, engineering and life sciences fields across commercial and government sectors. Operating through its Apex, Oxford and ECS segments, ASGN helps leading corporate enterprises and government organizations develop, implement and operate critical IT and business solutions through its integrated offering of professional staffing and IT solutions. Our mission as an organization is to be the most trusted partner for companies seeking highly skilled human capital and integrated solutions to fulfill their strategic and operational needs. ASGN was founded in 1985 and is headquartered in Calabasas, California. For more information, visit us at asgn.com.


© Business Wire 2019
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Financials ($)
Sales 2019 3 867 M
EBIT 2019 324 M
Net income 2019 198 M
Debt 2019 848 M
Yield 2019 -
P/E ratio 2019 18,70
P/E ratio 2020 16,00
EV / Sales 2019 1,15x
EV / Sales 2020 1,01x
Capitalization 3 611 M
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Number of Analysts 9
Average target price 76,1 $
Spread / Average Target 11%
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Peter T. Dameris Chief Executive Officer & Director
Theodore S. Hanson President
Jeremy M. Jones Chairman
Edward L. Pierce Chief Financial Officer & Executive Vice President
Michael C. Payne Chief Information Officer & Senior Vice President
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