SAIC Wins $85 Million U.S. Navy Contract for Software Support and Cloud Migration Services
Science Applications International Corp. (SAIC) has secured an $85 million contract from the U.S. Navy to provide software engineering and cyber support for the Joint Expeditionary Command and Control (JEXC2) systems. This five-year, cost-plus-fixed-fee contract will help design and sustain a portfolio of JEXC2 capabilities, contributing to the Navy's strategic goals in command and control integration. SAIC aims to enhance technological advancements in network virtualization and cloud operations to support Navy Expeditionary Forces.
- Awarded an $85 million contract by the U.S. Navy for JEXC2 systems support.
- Contract duration of five years enhances revenue stability.
- Strengthens SAIC's position and capabilities in software engineering and cyber defense.
- None.
The U.S. Navy awarded Science Applications International Corp. (NYSE: SAIC) an
Under the five-year contract, SAIC will support the Naval Surface Warfare Center Panama City Division (NSWC PCD) to design, deliver, and sustain a complex portfolio of JEXC2 systems and capabilities. SAIC’s Agile software development lifecycle and innovative cloud solutions enable NSWC PCD to achieve JEXC2 long-term goals such as Joint All-Domain Command and Control (JADC2) integration and delivery of the Tactical Shore Platform architecture, critical to Multi-Domain Operations.
“SAIC looks forward to continuing and expanding our support of JEXC2 technological advancements for NSWC PCD with our proven capabilities in network virtualization, optimized delivery, software integration, cloud operations, and cyber defense,” said Bob Genter, SAIC president of the Defense & Civilian Sector. “SAIC’s support will assist the Navy in its goal to field common, supportable command and control equipment across its Navy Expeditionary Forces and to enable communication and collaboration among U.S. national, allied, coalition, and joint organizations accelerating digital transformation.”
JEXC2 development leverages the capabilities of existing command and control systems, advanced concept technology demonstrations, and other advanced technology projects. JEXC2 systems consists of various command, control, communications, computers, and intelligence (C4I) subsystems and networks with accompanying infrastructure and communications equipment.
SAIC is an industry leader in using DevSecOps to accelerate delivery of high-quality software solutions for the U.S. Navy, Army, Air Force, NASA, Department of Agriculture, the Environmental Protection Agency, and other federal government customers.
About SAIC
SAIC® is a premier Fortune 500® technology integrator driving our nation’s digital transformation. Our robust portfolio of offerings across the defense, space, 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 more than 26,500 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately
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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