SAIC - SAIC nabs $800M U.S. Army contract

The U.S. Army has awarded Science Applications International (SAIC) five-year, cost plus fixed-fee single-award contract worth ~$800M to continue providing engineering and professional support services to the Army Combat Capabilities Development Command, Aviation & Missile Center (DEVCOM AvMC), Software, Simulation, Systems Engineering and Integration (S3I) Directorate. Work is geographically dispersed with Government operations located at Redstone Arsenal, Alabama; Schriever Air Force Base, Colorado; and the Pacific Warfare Center located on the island of Oahu, Hawaii.Shares up 0.7% premarket.

For further details see:

SAIC nabs $800M U.S. Army contract