SAIC Awarded Position on U.S. Navy’s Naval Air Systems Command Contract
RESTON, Va.--(BUSINESS WIRE)--Aug 23, 2018--The U.S. Navy awarded Science Applications International Corp. (NYSE: SAIC) an indefinite-delivery, indefinite-quantity contract to deliver a broad range of training system products and services to the Naval Air Warfare Center Training Systems Division.
The multiple-award contract has a five-year base ordering period and three option ordering periods spanning four years. The contract is potentially worth approximately $980 million total for all awardees. SAIC is one of 22 awardees and work will be performed primarily in Orlando, Florida.
“This new award expands our presence in Orlando and focuses on training systems that improve readiness for our sailors,” said Jim Scanlon, SAIC senior vice president and general manager of the Defense Systems Customer Group. “We are excited to potentially deliver new training systems, modifications, and upgrades to our troops.”
Under this contract, SAIC will deliver analysis, design, development, integration, delivery, modification, modeling & simulation, and trainer support primarily to Naval Air Systems Command. Work is also open to other Navy commands, the Defense Modeling and Simulation Office, the U.S. Marine Corps, Coast Guard and Army.
“We’ve supported Navy training missions for decades,” said Josh Jackson, SAIC senior vice president and general manager of the Engineering Integration and Mission Solutions Segment. “We look forward to applying our passion for integrating technology to create immersive training solutions that enable mission readiness.”
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s more than 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $4.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and a number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC’s Annual Report on Form 10-K and other such filings that SAIC makes with the SEC from time to time, which may be viewed or obtained through the Investor Relations section of our web site at www.saic.com . Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180823005772/en/
CONTACT: SAIC Media Contact:
Lauren Presti, 703-676-8982
KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA FLORIDA VIRGINIA
INDUSTRY KEYWORD: EDUCATION TECHNOLOGY DATA MANAGEMENT NETWORKS TRANSPORT AIR SECURITY MANUFACTURING ENGINEERING DEFENSE CONTRACTS TRAINING OTHER DEFENSE
SOURCE: Science Applications International Corp.
Copyright Business Wire 2018.
PUB: 08/23/2018 05:15 PM/DISC: 08/23/2018 05:15 PM