U.S. Navy Selects SAIC for $93 Million Contract to Provide Networks and Enterprise Infrastructure Support for Critical Missions

Rhea-AI Summary

Science Applications International Corp. (SAIC) has been awarded a contract to compete for task orders worth up to $93 million for the U.S. Navy’s Tactical Integrated Threat/Target Training Systems (TTS) program. This five-year, indefinite-delivery / indefinite-quantity contract focuses on research and development, engineering, and sustainment of tactical threat systems to elevate Navy aircrew effectiveness and survivability. The project is expected to be completed by September 2026, enhancing SAIC's long-term engagement with military contracts.

Positive

• Awarded contract worth up to $93 million for Navy TTS program.
• Five-year contract allows for potential multiple task orders.
• Enhances engagement in defense sector and aircrew effectiveness.

Negative

• None.

Company will compete to provide range data collection and specialized instrumentation for tactical threat systems

RESTON, Va.--(BUSINESS WIRE)-- Science Applications International Corp. (NYSE: SAIC) won a contract to compete for task orders worth up to $93 million supporting Tactical Integrated Threat/Target Training Systems (TTS) for the U.S. Navy’s Adaptive Combat Environment Systems group at Naval Air Station, China Lake, California.

Under the five-year, indefinite-delivery/indefinite-quantity contract, SAIC will compete with other selected vendors to provide research and development, engineering, integration, testing, cybersecurity, upgrades and sustainment for numerous tactical threat systems to help improve Navy aircrew effectiveness and survivability. The Navy expects to complete work on this cost-plus-fixed-fee, firm-fixed-price contract in September 2026.

“This award gives SAIC an opportunity to win specific task orders under the TTS contract to help verify and validate the system capabilities deployed to our Navy,” said Josh Jackson, senior vice president of the Naval Business Unit, SAIC. “This will ultimately help us better serve and support the Navy’s current and future range capabilities.”

TTS support includes range data collection and specialized instrumentation for systems under test, data at the edge computing and transfer, and data sorting and analytics in support of system performance analysis. Additional work includes sustainment of unique electronic warfare-centric range capabilities and movement into new technology for the next generation of systems’ performance validation and verification.

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 more than 26,500 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 $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, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211104005026/en/

Media:

Brad Bass

240.418.0168 | publicrelations@saic.com

Source: Science Applications International Corp.

FAQ

What is the value of the contract awarded to SAIC?

The contract is worth up to $93 million.

What is the focus of the SAIC contract with the U.S. Navy?

The contract focuses on Tactical Integrated Threat/Target Training Systems (TTS).

What is the expected completion date for the SAIC Navy contract?

The expected completion date is September 2026.

How does the SAIC contract impact Navy aircrew effectiveness?

It aims to improve Navy aircrew effectiveness and survivability through advanced tactical threat systems.