- Science Applications International Corp (NYSE:SAIC) has secured a $163 million contract from the U.S. Navy for the Naval Information Warfare Center (NIWC) Pacific Shore Networks Branch in San Diego, CA.
- Under the contract, SAIC will maintain Naval Enterprise Networks for all shore-based U.S. Navy commands and personnel critical to the Navy’s day-to-day operations and support command and control of U.S. Navy units deployed by operational commanders.
- NIWC Pacific provides technological and engineering support critical to information warfare for the U.S. Navy and Marine Corps, Air Force, Army, and Coast Guard programs.
- Price Action: SAIC shares are trading lower by 0.26% at $93.19 on the last check Thursday.
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Goldman Sachs Group (NYSE: GS) expects to show about 3,200 employees the door this week as the investment bank focuses on new strategies to navigate the current economic landscape.
