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SAIC Secures $249M Contract From US Navy

Science Applications International Corp. (NYSE:SAIC) has secured an IDIQ contract with a $249 million ceiling from the U.S. Navy. Under…
byAkanksha Bakshi
May 23, 2023
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  • Science Applications International Corp. (NYSE:SAIC) has secured an IDIQ contract with a $249 million ceiling from the U.S. Navy.
  • Under the contract, SAIC will continue supporting the Naval Air Warfare Center Weapons Division (NAWCWD)’s combat instrumentation platforms used for training and test evaluation ranges.
  • For the Combat Environment Instrumentation Systems (CEIS), SAIC will design and integrate the systems and upgrade or modify the hardware and software.
  • SAIC will also continue providing field service support to more than nine test locations within the Navy’s testing and evaluation domain.
  • Price Action: SAIC shares are trading higher by 0.75% at $99.21 on the last check Tuesday.
 
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