According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a maximum $1, 050, 000, 000 fixed-price with economic price adjustment, indefinite-delivery/indefinite-quantity contract for maintenance, repair and operations of supplies. There are no other locations of performance. Using services are Army, Navy, Air Force, Marine Corps and federal civilian agencies. The original proposal was web-solicited with 11 responses. The date of performance completion is Sept. 17, 2011. The Defense Logistics Agency Troop Support, Philadelphia, Pa., is the contracting agency (SP0500-01-R-0011).”
Science Applications International Corp. (NYSE: SAIC) has been awarded a potential $40M blanket purchase agreement for operational test and evaluation services to the Transportation Security Administration, according to an award notice posted Thursday.
Air Force Selects Boeing, Lockheed, Raytheon Technologies for Hypersonic Cruise Missile Tech Design Program
The U.S. Air Force has indicated its intent to solicit design proposals from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) for a hypersonic cruise missile technology that can be launched from a fighter or a bomber aircraft.