Huntington Ingalls Industries Awarded Technical Support Contract by the USAF

Huntington Ingalls Industries (NYSE:HII) announced today that it is one of eight companies included on a contract to provide broad analytical and technical services to the U.S. Air Force in areas such as network architecture and cybersecurity. The multiple-award contract, recently awarded by the Secretary of the Air Force, Administrative Assistant’s Concepts, Development and Management Office (SAF/CDM), has a base period of five years and a potential value of $950 million.

“The assimilation of intelligence tools is essential to military readiness,” said Garry Schwartz, president of Technical Solutions’ Mission Driven Innovative Solutions group. “Over the last several years, HII has continued to expand its support to the U.S. Air Force and the Department of Defense (DoD).  We are looking forward to helping advance the creation and implementation of innovative solutions across the DoD.”

The contract will allow for the development of new concepts and management of high-priority projects and programs providing innovative solutions to Air Force and defense-wide challenges. SAF/CDM’s mission is to be the partner choice for innovation, discovery and opportunity development within the Department of Defense.

The contract was directly awarded to Fulcrum IT Services, a company acquired by HII in February and is now a part of HII’s Technical Solutions division.

Technical Solutions has nearly 6,000 employees in 45 states and 16 countries, providing professional services and business solutions to a variety of government and commercial customers worldwide.

Source: Huntington Ingalls Industries
Date: Oct 23, 2019