Science Applications Int’l gets Navy technical and training support contract worth up to $37M

By AP
Tuesday, February 23, 2010

SAIC gets $37M Navy training and support deal

MCLEAN, Va. — Defense contractor Science Applications International Corp. said Tuesday it received a contract that could be worth more than $37 million to provide technical and training support to the Naval Surface Warfare Center.

Under this follow-on task order, SAIC said it will provide its services to U.S. Navy Surface Warfare’s Special Operating Forces and other Defense Department agencies.

The contract has a two-year base period and three options to extend the deal by one year. The contract would be worth $37 million if all options were exercised.

The work will be performed in Crane, Ind., and at other locations as required.

Shares of SAIC rose 2 cents to $19.03 in afternoon trading.

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