SAIC - SAIC bags $2.6B Federal aviation administration contract for program support

• Science Applications International ( NYSE: SAIC ) has been awarded a prime position to continue services through the Federal Aviation Administration (or FAA) Systems Engineering and Technical Innovative Solutions (or SETIS) IDIQ contract.
• SAIC is one of 15 companies, including five large businesses and ten small businesses, selected for a prime position on the $2.3B shared-ceiling, multi-award indefinite-delivery, indefinite-quantity contract.
• The contract has a base period of performance of 36 months, followed by a three-year option and two two-year option periods.
• SAIC will perform work for this contract primarily in the metropolitan Washington, D.C. area and at the FAA Technical Center in New Jersey.

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