- 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.
What’s Going On With Shiba Inu (SHIB)
Shiba Inu (CRYPTO: SHIB) is trading lower by 3.14% to $0.00000726 Thursday afternoon amid overall weakness in cryptocurrencies. The altcoin may be trading lower in sympathy with the broader U.S. market following better-than-expected US jobs data, which could raise concerns over further rate hikes.
