SAIC Receives $444 Million Contract to Provide System Modernization for Space Launch Ranges
March 11 2024 - 8:05AM
Business Wire
Company will enable a faster and more
dependable spaceport launch schedule
Science Applications International Corp. (NYSE: SAIC) has been
awarded a $444 million contract to support Digital Transformation,
Acquisition, Modernization and Modification (DTAMM) for the U.S.
Space Force's Space Systems Command and Space Launch Deltas (SLDs)
30 and 45.
"SAIC's continued partnership with the Space Force is a symbol
of our commitment to further space exploration, resilience and crew
safety in space ranges in Florida, California and across the United
States," said David Ray, executive vice president, Space and
Intelligence Business Group at SAIC. "As space efforts advance, we
understand the growing significance of efficient spaceports and
look forward to further supporting the modernization work alongside
our industry-leading partners."
SAIC will support the modernization of the space launch range
instrumentation. The efforts will support an accelerated national
launch cadence across the Eastern Range (ER) and Western Range (WR)
including Cape Canaveral Space Force Station and Patrick Space
Force Base in Fla. and Vandenberg Space Force Base in Calif.
Experts from SAIC and partners will collaborate to modernize
antiquated instrumentation and processes to enable a faster and
more integrated launch environment.
SAIC remains at the forefront of national priorities to explore,
secure and influence space by leveraging industry expertise and
legacy in this domain. In addition to DTAMM, SAIC's work
facilitates future unmanned spacecraft, earth science
data-collecting satellites, space-ground systems for military joint
all-domain command and control and more.
To learn more about SAIC’s space exploration efforts, please
visit SAIC.com
About SAIC
SAIC® is a premier Fortune 500® technology integrator driving
our nation’s technology transformation. Our robust portfolio of
offerings across the defense, space, civilian and intelligence
markets includes secure high-end solutions in engineering, digital,
artificial intelligence and mission solutions. Using our expertise
and understanding of existing and emerging technologies, we
integrate the best components from our own portfolio and our
partner ecosystem to deliver innovative, effective and efficient
solutions that are critical to achieving our customers'
missions.
We are approximately 24,000 strong; driven by mission, united by
purpose, and inspired by opportunities. SAIC is an Equal
Opportunity Employer, fostering a culture of diversity, equity and
inclusion, which is core to our values and important to attract and
retain exceptional talent. Headquartered in Reston, Virginia, SAIC
has annual revenues of approximately $6.9 billion. For more
information, visit saic.com. For ongoing news, please visit our
newsroom.
Forward-Looking Statements
Certain statements in this release contain or are based on
“forward-looking” information within the meaning of the Private
Securities Litigation Reform Act of 1995. In some cases, you can
identify forward-looking statements by words such as “expects,”
“intends,” “plans,” “anticipates,” “believes,” “estimates,”
“guidance,” and similar words or phrases. Forward-looking
statements in this release may include, among others, estimates of
future revenues, operating income, earnings, earnings per share,
charges, total contract value, backlog, outstanding shares and cash
flows, as well as statements about future dividends, share
repurchases and other capital deployment plans. Such statements are
not guarantees of future performance and involve risk,
uncertainties and assumptions, and actual results may differ
materially from the guidance and other forward-looking statements
made in this release as a result of various factors. Risks,
uncertainties and assumptions that could cause or contribute to
these material differences include those discussed in the “Risk
Factors,” “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and “Legal Proceedings”
sections of our Annual Report on Form 10-K, as updated in any
subsequent Quarterly Reports on Form 10-Q and other filings with
the SEC, which may be viewed or obtained through the Investor
Relations section of our website at saic.com or on the SEC’s
website at sec.gov. Due to such risks, uncertainties and
assumptions you are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
SAIC expressly disclaims any duty to update any forward-looking
statement provided in this release to reflect subsequent events,
actual results or changes in SAIC’s expectations. SAIC also
disclaims any duty to comment upon or correct information that may
be contained in reports published by investment analysts or
others.
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Thais Hanson 703.676.8215 | thais.c.hanson@saic.com
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