U.S. Navy Awards SAIC $120 Million Contract for Tactical Training War Game Support
August 13 2024 - 7:05AM
Business Wire
Company will provide training to support Navy
fleet readiness
Science Applications International Corp. (NASDAQ: SAIC) has been
awarded a $120 million, five-year, cost-plus fixed-fee contract by
Naval Supply Systems Command (NAVSUP) to continue the support of
Tactical Training Group Pacific’s (TTGP) fleet training
mission.
"This contract reinforces SAIC’s reputation for providing the
mission-critical training to the U.S. Navy since 1992," said
Barbara Supplee, executive vice president, Navy Business Group at
SAIC. "We are fully committed to delivering excellence in every
aspect of the support we provide to ensure that the Navy's training
needs are reliably and efficiently met."
The contract supports TTGP, Expeditionary Warfare Training Group
Pacific, Carrier Strike Group 15 and Tactical Training Group
Pacific, Yokosuka (TTGPDY) in their mission to provide advanced
tactical training to deploying Navy personnel to improve their
proficiency in war fighting and joint operations.
SAIC will continue to provide required professional technical
services for Fleet Synthetic Training (FST) and
Live-Virtual-Constructive (LVC) war game development and execution,
along with subject matter expert classroom instruction in
warfighting doctrine and Tactics, Techniques and Procedures (TTP)
utilizing government furnished training systems and facilities,
both at sea and on land.
To date, SAIC has provided Navy tactical course and fleet
training requirement support under contracts spanning both the East
and West coast Tactical and Expeditionary Warfare school houses.
SAIC’s scenario creation, training plans and instructor development
programs provide efficient solutions to evolving TTGP requirements
while offering the lowest transition risk to meet this complex
mission.
To learn more about SAIC’s support of Navy fleet readiness,
visit SAIC.com.
About SAIC
SAIC® is a premier Fortune 500® technology integrator focused on
advancing the power of technology and innovation to serve and
protect our world. Our robust portfolio of offerings across the
defense, space, civilian and intelligence markets includes secure
high-end solutions in mission IT, enterprise IT, engineering
services and professional services. We integrate emerging
technology, rapidly and securely, into mission critical operations
that modernize and enable critical national imperatives.
We are approximately 24,000 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 $7.4 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.
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Gregory Hicks 619.961.0075 | Gregory.L.Hicks@saic.com
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