SAIC Bags $349M Contract To Support US Navy Tactical Networks - Science Applications Intl (NYSE:SAIC)

  • Science Application International Corp SAIC has secured a $349 million contract from the U.S. Navy.
  • The award is to continue supporting In-Service Engineering Agent (ISEA) functions for Afloat and Ashore Tactical Networks (TACNET).
  • Under the five-year contract, SAIC will continue to provide management, engineering, technical, integrated logistics, configuration management, and life cycle support.
  • For more than 15 years, SAIC has supported the Navy’s TACNET program by providing systems engineering services.
  • “Our expertise in network engineering, modernization, sustainment and logistics positions us to provide long-term support to the U.S. Navy for afloat and ashore networks,” said Bob Genter, president, Defense & Civilian Sector at SAIC.
  • SAIC will primarily perform work under this contract in San Diego, California.
  • Also ReadSAIC Pockets Federal Aviation Administration IDIQ Contract To Support Programs
  • Price Action: SAIC shares are trading higher by 0.10% at $106.76 on the last check Thursday.



Image and article originally from www.benzinga.com. Read the original article here.