Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a prime contract by the U.S. Space and Naval Warfare Systems Command (SPAWAR) to produce the Battle Force Tactical Network (BFTN) system. The contract has a one-year base period of performance, four one-year options, and a contract value of approximately $57 million, if all options are exercised. Work will be performed in Sterling, Va.
As the Navy's Information Dominance Systems Command, SPAWAR designs, develops and deploys advanced communications and information capabilities. The BFTN system provides secure connectivity to the maritime operational environment for Navy and joint forces. Under the contract, SAIC will provide engineering and technical services in support of BFTN systems, as well as production of BFTN rack systems.
"We look forward to providing leading edge solutions to the Navy, allowing for more robust communications for ships at sea," said Thomas Watson, SAIC senior vice president and business unit general manager.
Source: Science Applications International Corporation (SAIC) (NYSE: SAI)
Date: Apr 27, 2012