DLH to Provide Critical Systems Engineering and Integrated Logistics Services for Navy C5ISR Systems
DLH Holdings Corp. has secured a contract to support the Naval Information Warfare Center Atlantic's Tactical Networks. The contract, valued at approximately $76 million ($61 million firm value plus $15 million in optional services), has a performance period of up to five years. As the prime contractor, DLH will provide In-Service Engineering Agent and Integrated Logistics Support services for various C5ISR program offices and systems, including PEO-C4I, PMW-160, NAVWAR, and NAVSEA. The work will support NIWC Atlantic's research, development, and engineering efforts focused on integrated information warfare capabilities and Enterprise IT systems.
DLH Holdings Corp. ha ottenuto un contratto per supportare i Reti Tattiche del Naval Information Warfare Center Atlantic. Il contratto, del valore di circa 76 milioni di dollari (61 milioni di dollari di valore fermo più 15 milioni di dollari per servizi opzionali), ha un periodo di esecuzione di fino a cinque anni. In qualità di contraente principale, DLH fornirà servizi di In-Service Engineering Agent e Supporto Logistico Integrato per vari uffici e sistemi del programma C5ISR, inclusi PEO-C4I, PMW-160, NAVWAR e NAVSEA. Il lavoro sosterrà gli sforzi di ricerca, sviluppo e ingegneria di NIWC Atlantic, mirati a capacità integrate di guerra dell'informazione e sistemi IT Enterprise.
DLH Holdings Corp. ha asegurado un contrato para apoyar las Redes Tácticas del Naval Information Warfare Center Atlantic. El contrato, valorado en aproximadamente 76 millones de dólares (61 millones de dólares en valor firme más 15 millones de dólares en servicios opcionales), tiene un período de ejecución de hasta cinco años. Como contratista principal, DLH proporcionará servicios de Agente de Ingeniería en Servicio y Soporte Logístico Integrado para varias oficinas y sistemas del programa C5ISR, incluyendo PEO-C4I, PMW-160, NAVWAR y NAVSEA. El trabajo apoyará los esfuerzos de investigación, desarrollo e ingeniería de NIWC Atlantic, enfocados en capacidades integradas de guerra de la información y sistemas de TI empresarial.
DLH Holdings Corp.는 Naval Information Warfare Center Atlantic의 전술 네트워크를 지원하는 계약을 체결했습니다. 이 계약은 약 7,600만 달러의 가치가 있으며(6,100만 달러의 확정 금액 및 1,500만 달러의 선택적 서비스 포함), 최대 5년의 수행 기간을 가지고 있습니다. 주계약자로서 DLH는 다양한 C5ISR 프로그램 사무소 및 시스템(PEO-C4I, PMW-160, NAVWAR 및 NAVSEA 포함)에 대한 서비스, 즉 현역 공학 요원 및 통합 물류 지원 서비스를 제공합니다. 이 작업은 NIWC Atlantic의 통합 정보 전쟁 기능 및 기업 IT 시스템에 중점을 둔 연구, 개발 및 엔지니어링 노력을 지원할 것입니다.
DLH Holdings Corp. a obtenu un contrat pour soutenir les Réseaux Tactiques du Naval Information Warfare Center Atlantic. Le contrat, d'une valeur d'environ 76 millions de dollars (61 millions de dollars de valeur ferme plus 15 millions de dollars en services optionnels), a une période d'exécution pouvant aller jusqu'à cinq ans. En tant qu'entrepreneur principal, DLH fournira des services d'Agent d'Ingénierie en Service et de Support Logistique Intégré pour divers bureaux et systèmes du programme C5ISR, y compris PEO-C4I, PMW-160, NAVWAR et NAVSEA. Ce travail soutiendra les efforts de recherche, de développement et d'ingénierie de NIWC Atlantic, axés sur les capacités intégrées de guerre de l'information et les systèmes informatiques d'entreprise.
DLH Holdings Corp. hat einen Vertrag zur Unterstützung der Taktischen Netzwerke des Naval Information Warfare Center Atlantic gesichert. Der Vertrag hat einen Wert von etwa 76 Millionen Dollar (61 Millionen Dollar fester Wert plus 15 Millionen Dollar für optionale Dienstleistungen) und hat eine Laufzeit von bis zu fünf Jahren. Als Hauptauftragnehmer wird DLH In-Service Engineering Agent und Integrated Logistics Support-Dienste für verschiedene C5ISR-Programmbüros und -systeme, einschließlich PEO-C4I, PMW-160, NAVWAR und NAVSEA, bereitstellen. Die Arbeiten unterstützen die Forschungs-, Entwicklungs- und Ingenieuranstrengungen von NIWC Atlantic, die sich auf integrierte Informationskriegsführungskapazitäten und Unternehmens-IT-Systeme konzentrieren.
- Secured new contract worth $76 million ($61M firm + $15M optional)
- Five-year contract duration providing stable revenue stream
- Prime contractor position strengthening company's engineering and IT portfolio
- Expands presence in naval defense sector
- None.
Insights
This
The award strengthens DLH's position in the critical naval defense sector, specifically in C5ISR systems support. Breaking down the contract value, it suggests an annual revenue contribution of approximately
The contract's focus on tactical networks and integrated warfare capabilities aligns with increasing defense modernization priorities, particularly in cybersecurity and digital transformation. This positions DLH well for potential follow-on opportunities and similar contracts across other defense agencies.
ATLANTA, Nov. 05, 2024 (GLOBE NEWSWIRE) -- DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading provider of digital transformation and cybersecurity, science research and development, and systems engineering and integration, today announced that it has been awarded a contract to support the Naval Information Warfare Center Atlantic’s (“NIWC Atlantic”) Tactical Networks. NIWC Atlantic conducts research, development, and engineering to bolster integrated information warfare capabilities, with an emphasis on Enterprise IT systems. The award has a total value of approximately
“Our two-plus decades of experience enhancing the health and systems readiness of the fleet, service members, and public through innovative applications of emerging tools and industry-leading subject matter experts allows us to create differentiated solutions on behalf of our clients’ vital missions,” said Zach Parker, DLH President and CEO. “This contract win will bolster our engineering, IT, and Cyber portfolio as we continue to deliver on our transformation and growth-focused strategy.”
As the prime contractor, DLH will perform In-Service Engineering Agent and Integrated Logistics Support services. This work will support the missions of several Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, and Reconnaissance (C5ISR) program offices and systems including PEO-C4I, PMW-160, NAVWAR, NAVSEA, and others.
“We are excited to expand our cutting-edge systems engineering, integration, and logistics capabilities through our long-standing partnership with the Naval and the C5ISR communities,” said Billy Burnett, President of DLH’s National Security Program Operations Center.
About DLH
DLH (NASDAQ:DLHC), a Russell 2000 company, delivers improved health and national security readiness solutions for federal programs through science research and development, systems engineering and integration, and digital transformation. The Company’s experts in public health, performance evaluation, and health operations solve the complex problems faced by civilian and military customers alike, leveraging digital transformation, artificial intelligence, advanced analytics, cloud-based applications, telehealth systems, and more. With over 2,800 employees dedicated to the idea that “Your Mission is Our Passion,” DLH brings a unique combination of government sector experience, proven methodology, and unwavering commitment to innovation to improve the lives of millions. For more information, visit www.DLHcorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or DLH`s future financial performance. Any statements that refer to expectations, projections or other characterizations of future events or circumstances or that are not statements of historical fact (including without limitation statements to the effect that the Company or its management “believes”, “expects”, “anticipates”, “plans”, “intends” and similar expressions) should be considered forward looking statements that involve risks and uncertainties which could cause actual events or DLH’s actual results to differ materially from those indicated by the forward-looking statements. Forward-looking statements in this release include, among others, statements regarding estimates of future revenues, operating income, earnings and cash flow. These statements reflect our belief and assumptions as to future events that may not prove to be accurate. Our actual results may differ materially from such forward-looking statements made in this release due to a variety of factors, including: the risk that we will not realize the anticipated benefits of acquisitions (including anticipated future financial performance and results); the diversion of management’s attention from normal daily operations of the business and the challenges of managing larger and more widespread operations; the inability to retain employees and customers; contract awards in connection with re-competes for present business and/or competition for new business; our ability to manage our debt obligations; compliance with bank financial and other covenants; changes in client budgetary priorities; government contract procurement (such as bid and award protests, small business set asides, loss of work due to organizational conflicts of interest, etc.) and termination risks; the impact of inflation and higher interest rates; and other risks described in our SEC filings. For a discussion of such risks and uncertainties which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s periodic reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended September 30, 2023, as well as subsequent reports filed thereafter. The forward-looking statements contained herein are not historical facts, but rather are based on current expectations, estimates, assumptions and projections about our industry and business.
Such forward-looking statements are made as of the date hereof and may become outdated over time. The Company does not assume any responsibility for updating forward-looking statements, except as may be required by law.
INVESTOR RELATIONS
Contact: Chris Witty
Phone: 646-438-9385
Email: cwitty@darrowir.com
FAQ
What is the value of DLH Holdings' (DLHC) new Navy contract?
What services will DLH Holdings (DLHC) provide under the new NIWC Atlantic contract?
How long is the duration of DLH Holdings' (DLHC) new Navy contract?
