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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 for material readiness, supply chain optimization, and new technology development and implementation, ” said J.T. Grumski, SAIC senior vice president and business unit general manager. “We look forward to working with the Indian Head Division to help meet this need by bringing the right people, systems, and technology together to develop an effective research program to help reduce lifecycle costs and increase the sustainability of military equipment and infrastructure.”

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