Government services provider,
) recently announced that it has received a prime
indefinite-delivery/indefinite-quantity (ID/IQ) contract from the
U.S. Space and Naval Warfare Systems Center (SSC) Atlantic. The
contract entails it to provide services and solutions related to
electronics and communications for the Decision Superiority (DS)
SSC Atlantic is an integral part of the U.S. States Navy. It
designs and develops command and control systems that support
vital information and assist in decision-making process.
The contract initially offers a one-year period for performance
evaluation with four one-year options for extension. The contract
has been awarded to 15 companies for the completion of the task
and aggregate approximately $900 million, if all the options are
According to the terms and conditions of the contract, SAIC Inc.
needs to provide full-system and life-cycle support for the
mission in key areas such as research, development, test and
evaluation, surveillance, reconnaissance information operations,
enterprise information services and space capabilities.
SAIC Inc. believes that its in-depth knowledge of life-cycle
support will help SSC Atlantic achieve its mission and strengthen
the U.S. defense.
Since its inception, SAIC Inc. has utilized its vast domain
knowledge to solve critical problems in the country related to
national security, energy and environment, health and cyber
Headquartered in VA, SAIC Inc. currently has a Zacks Rank #3
(Hold). Other stocks worth considering in the industry include
Providence Service Corp.
) with a Zacks Rank #1 (Strong Buy),
Booz Allen Hamilton Holding Corporation
), each carrying a Zacks Rank #2 (Buy).
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SAIC INC (SAI): Free Stock Analysis Report
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