Wednesday, October 2, 2024

SAIC wins $96 million protection contract for enterprise modernization By Investing.com


© Reuters.

RESTON, Va. – Science Purposes (NASDAQ:) Worldwide Corp. (NYSE: SAIC), a Fortune 500 expertise integrator, introduced right this moment that it has secured a $96 million contract with the Workplace of the Underneath Secretary of Protection for Analysis and Engineering (OUSD(R&E)). The contract focuses on modernizing enterprise operations to help the supply of expertise capabilities to warfighters.

Vinnie DiFronzo, govt vice chairman at SAIC, emphasised the significance of the OUSD(R&E) as a longstanding consumer and the corporate’s dedication to advancing their mission by way of this new contract. SAIC’s function will contain leveraging its experience in information administration, data administration, and strategic planning to boost the OUSD(R&E) BusOps. These enhancements goal to extend information reuse and cut back operational supply instances throughout the group.

SAIC, headquartered in Reston, Virginia, operates with a workforce of roughly 24,000 workers. The corporate makes a speciality of offering high-end options throughout numerous markets, together with protection, house, civilian, and intelligence sectors. Its providers embody engineering, digital, synthetic intelligence, and mission options, all designed to facilitate the nation’s expertise transformation.

The corporate’s annual revenues are reported to be round $6.9 billion, and it prides itself on fostering a various, equitable, and inclusive work atmosphere. This contract represents a continuation of SAIC’s efforts to ship revolutionary and environment friendly options that meet the crucial wants of its clients.

This announcement is predicated on a press launch assertion and accommodates forward-looking info that entails dangers, uncertainties, and assumptions. Subsequently, precise outcomes could differ materially from the expectations outlined within the forward-looking statements as a result of numerous elements. SAIC has cautioned to not rely unduly on these statements, that are legitimate solely as of the date of the discharge.

The corporate has additionally acknowledged that it doesn’t intend to replace any forward-looking assertion to replicate occasions or circumstances after the date of the assertion.

This text was generated with the help of AI and reviewed by an editor. For extra info see our T&C.

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