SAIC Claims Defense Contract

According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded an $8,407,583 cost-plus-fixed-fee contract for the Vector Sensor Array System development, performance engineering, and research.  SAIC will help continue the development of underwater acoustic sensors.  The contract will be incrementally funded at this time in the amount of $500,000.  This contract contains options...

SAIC Wins $90 Million of ENCORE II Work

SAIC (NYSE: SAI) won a task order from the Defense Information Systems Agency to provide technical and operations support to the Defense Enterprise Computing Center, under the ENCORE II IDIndefinite Delivery/ Indirect Rate/ Identification/IQIndefinite Quantity. The deal carries a one-year base term, four one-year options and a total value of more than $90 million, if all options are exercised. “SAIC...

Financial News from SAIC

SAIC (NYSE: SAI) is set to release first quarter fiscal year 2012 earnings press release after close of market on June 2. According to the firm, management will discuss the financial results in a conference call beginning at 5 p.m. eastern time.

SAIC Secures Air Force Work

According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a maximum $85,000,000 indefinite-delivery/indefinite-quantity contract to provide engineering and technical services to support Air Force Operational Test and Evaluation Center in accomplishment of operational test and evaluation activities.  At this time, $500,000 has been obligated.  Work will be performed at Edwards...

SAIC Lands $21 Million USDA Contract

SAIC (NYSE: SAI) booked a prime contract with the U.S. Department of Agriculture, Forest Service to “provide the expertise, technical knowledge, and staff support for a Comprehensive Robust Information Security program designed to safeguard information entrusted to the Forest Service.” The deal carries a one-year base term, a pair of one-year options, and a total value of $21 million. “SAIC...

Dual Army Deals Come Down for SAIC

According to the Department of Defense, SAIC (NYSE: SAI) was awarded a $31,868,429 firm-fixed-price, level-of-effort contract.  The award will provide for the modification of an existing contract, to sustainment services for Mine Resistant Ambush Protected vehicles, to add 426,490 hours to the order in the amount of approximately $29,000,000.  Work will be completed in McLean, Va., with an estimated...

SAIC Marches to $279 Million Army Deal

According to the Department of Defense, “SAIC (NYSE: SAI) was awarded a $279,294,136 cost-plus-fixed-fee contract.  The award will provide for the airborne intelligence and surveillance and reconnaissance services for the U.S. Army Engineer Research and Development Center, Cold Regions Research and Engineering Laboratory.  Work will be performed in McLean, Va., and various areas outside of...

SAIC Books $41 Million Deal to Support DoD Enhancements

SAIC (NYSE: SAI) secured a deal from the U.S. Naval Surface Warfare Center, Indian Head Division to support a scientific research program aimed at facilitating equipment and infrastructure lifecycle and sustainment enhancements. The deal carries a one-year base term, four one-year options, for a total potential value of $41 million. “Warfighter assets degrade asymmetrically, driving the need...

SAIC Claims $156 Million FAA, DOT IT Work

SAIC (NYSE: SAI) won a deal with the FAAFederal Aviation Administratioin Enterprise Services Center to support IT services to the FAAFederal Aviation Administratioin, Department of Transportation and other agencies. The IDIndefinite Delivery/ Indirect Rate/ Identification/IQIndefinite Quantity contract carries a one-year base term, four one-year options and a potential value of $156 million. “We...

SAIC Wins Spot on $1.1 Billion DOJ IT Deal

SAIC (NYSE: SAI) won a prime contract from the Department of Justice for work on information technology services. The IDIndefinite Delivery/ Indirect Rate/ Identification/IQIndefinite Quantity contract carries a base term of nine months and six one-year options, for a total value of $1.1 billion for all awardees. “We look forward to working with the DOJ to help enhance their IT systems, while...

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