SAIC Awarded $116 Million Navy Tactical Networks Contract
August 01 2018 - 7:15AM
Business Wire
Company to provide engineering services for
afloat and ashore assets
The Space and Naval Warfare Systems Center Pacific awarded
Science Applications International Corp. (NYSE: SAIC) a prime
contract worth approximately $116 million to continue to provide
engineering services to the U.S. Navy’s afloat and ashore
assets.
Under the contract SAIC will provide management, engineering,
technical, integrated logistics support, and configuration
management to the Navy’s Tactical Networks In-Service Engineering
Activity (TACNET ISEA).
The single award, indefinite-delivery, indefinite-quantity
contract has a three-year base period of performance and a two-year
option period which, if exercised, would bring the potential value
of this contract to an estimated $196 million. Work will be
performed primarily in San Diego, California and Norfolk, Virginia,
while some additional work will be performed on Navy ships and
shore sites globally.
“We are proud to continue our support to SPAWAR Systems Center
Pacific TACNET and are dedicated to ensuring the highest degree of
fleet readiness. For more than 20 years, we have assisted the Navy
with sustainment services for critical TACNET systems that serve as
the backbone of U.S. naval vessels,” said Jim Scanlon, SAIC senior
vice president and general manager of the Defense Systems Customer
Group.
TACNET ISEA is responsible for the sustainment of fielded
systems through end-of-life replacement, system upgrades,
follow-on, or interrelated system, distant support, on-site repair,
installations, and system analysis to ensure networks are
performing within designed specifications.
About SAIC
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180801005056/en/
SAIC Media Contact:Lauren Presti,
703-676-8982lauren.a.presti@saic.com
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