Cyber Security Industry News

TMCNet:  SAIC Wins $63.5 Million U.S. Navy Contract for Mission Engineering and Integration Services to Support Advanced Hypersonic Technologies

[July 30, 2020]

SAIC Wins $63.5 Million U.S. Navy Contract for Mission Engineering and Integration Services to Support Advanced Hypersonic Technologies

The U.S. Navy awarded a $63.5 million single-award task order under the SeaPort-NxG Multiple Award Contract to Science Applications International Corp. (NYSE: SAIC (News - Alert)) to provide mission engineering and integration services to the Global Deterrence and Defense Department (Code GX) at the Naval Surface Warfare Center (NSWC) in Crane, Indiana.

Under the task order, SAIC will deliver expertise, facilities, equipment, and administration support for advanced hypersonic technologies supported by Code GX, as well as programs, projects, and sponsor requirements acquired by, or transitioned to, Code GX.

"SAIC looks forward to the opportunity to support NSWC Crane with our proven ability to fill gaps, handle project surges, and use the inherent knowledge we have accumulated over the past 30 years to solve complex technical challenges," said Jim Scanlon, SAIC executive vice president and general manager of the Defense Systems Group. "We are proud to earn the confidence of NSWC Crane, and to support their mission by providing engineering and technical support for Navy sensors, electronics, electronic warfare and special warfare weapons."

The prime contract has a one-year base period of performance and four one-year options. It covers an array of service areas, including research and development; engineering; cybersecurity; modeling and simulation; system safety; configuration management, reliability maintainability and availability; logistics; support equipment; and program support for hypersonic technology analysis, demonstration, and engineering.

About SAIC

SAIC® is a premier Fortune 500® technology integrator driving our nation's digital transformation. Our robust portfolio of offerings across the defense, pace, civilian, and intelligence markets includes secure high-end solutions in engineering, IT modernization, 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 25,500 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $7.1 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 (News - Alert), 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.


[ Cloud Security's Homepage ]

Free Subscription