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SAIC To Develop Security System For Currency Printing Agency

SAIC Inc. (NYSE: SAI) has won a $17 million blanket purchase agreement to build an integrated security system for the Bureau of Engraving and Printing, the company announced Monday.

Under the five-year contract, the company will help the agency replace the core physical security system and provide a site-independent technology platform that will have disaster recovery.

The company said the system will comply with Homeland Security Presidential Directive 12 and support the agency’s contracting division, within the office of acquisition, information technology and services contracting division.

Work will also include design, install, upgrade, maintain and support of the system for physical and logical access to computers and networks.

As the Federal Reserve’s currency producer, the agency operates two currency manufacturing facilities in Washington and Fort Worth, Texas, with independent legacy security systems.

SAIC is also helping the Air Force’s weather sustainment division operate its satellite communications system.

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