U.S. Navy Awards $202 Million Contract to SAIC to Continue Advancing Fleet Deployment Training Program
SAIC (NASDAQ: SAIC) has secured a $202 million contract from the U.S. Navy to continue providing comprehensive training solutions for the Fleet Deployment Training Program. The contract includes a 10-month base period with four one-year options and a six-month extension option.
The company will deliver training and readiness support across 19 different headquarters and training commands, encompassing academic instruction, live exercises, and synthetic training events. SAIC's support includes Fleet Synthetic Training and Live, Virtual, and Constructive (LVC) environments, covering the entire Fleet Training Continuum from Basic Phase to Advanced Phase certifications.
SAIC (NASDAQ: SAIC) ha ottenuto un contratto da 202 milioni di dollari dalla Marina degli Stati Uniti per continuare a fornire soluzioni di formazione complete per il Programma di Addestramento per il Dislocamento della Flotta. Il contratto prevede un periodo base di 10 mesi, con quattro opzioni annuali e un'opzione di estensione di sei mesi.
L'azienda fornir脿 supporto per la formazione e la preparazione in 19 diversi comandi di quartier generale e di addestramento, includendo istruzione accademica, esercitazioni dal vivo e eventi di addestramento sintetici. Il supporto di SAIC comprende l'Addestramento Sintetico della Flotta e ambienti Live, Virtuali e Costruttivi (LVC), coprendo l'intero Continuum di Addestramento della Flotta dalle certificazioni di Fase Base a quelle di Fase Avanzata.
SAIC (NASDAQ: SAIC) ha asegurado un contrato de 202 millones de d贸lares con la Marina de los EE. UU. para continuar proporcionando soluciones integrales de entrenamiento para el Programa de Entrenamiento de Despliegue de la Flota. El contrato incluye un per铆odo base de 10 meses con cuatro opciones anuales y una opci贸n de extensi贸n de seis meses.
La compa帽铆a ofrecer谩 soporte de entrenamiento y preparaci贸n en 19 diferentes comandos de cuarteles generales y entrenamiento, abarcando instrucci贸n acad茅mica, ejercicios en vivo y eventos de entrenamiento sint茅tico. El apoyo de SAIC incluye Entrenamiento Sint茅tico de la Flota y ambientes en Vivo, Virtuales y Constructivos (LVC), cubriendo todo el Continuo de Entrenamiento de la Flota desde las certificaciones de Fase B谩sica hasta las de Fase Avanzada.
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SAIC (NASDAQ : SAIC) a obtenu un contrat de 202 millions de dollars de la Marine am茅ricaine pour continuer 脿 fournir des solutions de formation compl猫tes dans le cadre du Programme de Formation au D茅ploiement de la Flotte. Le contrat comprend une p茅riode de base de 10 mois, avec quatre options d鈥檜n an et une option de prolongation de six mois.
L鈥檈ntreprise assurera un soutien 脿 la formation et 脿 la pr茅paration dans 19 diff茅rents quartiers g茅n茅raux et commandements de formation, incluant l鈥檌nstruction acad茅mique, les exercices en direct et les 茅v茅nements de formation synth茅tiques. Le soutien de SAIC comprend la formation synth茅tique de la flotte ainsi que les environnements en direct, virtuels et constructifs (LVC), couvrant l鈥檈nsemble du continuum de formation de la flotte, des certifications de phase de base jusqu鈥櫭� la phase avanc茅e.
SAIC (NASDAQ: SAIC) hat einen 202-Millionen-Dollar-Vertrag mit der US-Marine abgeschlossen, um weiterhin umfassende Trainingsl枚sungen f眉r das Fleet Deployment Training Program bereitzustellen. Der Vertrag umfasst eine 10-monatige Basislaufzeit mit vier einj盲hrigen Optionen und einer sechsmonatigen Verl盲ngerungsoption.
Das Unternehmen wird Trainings- und Bereitschaftsunterst眉tzung f眉r 19 verschiedene Hauptquartiere und Trainingskommandos liefern, einschlie脽lich akademischer Schulungen, Live-脺bungen und synthetischer Trainingsveranstaltungen. Die Unterst眉tzung von SAIC umfasst Fleet Synthetic Training sowie Live-, Virtual- und Constructive (LVC) Umgebungen und deckt den gesamten Fleet Training Continuum von der Basis- bis zur Fortgeschrittenenphase ab.
- Secured substantial $202 million contract with U.S. Navy
- Long-term contract structure with multiple extension options
- Comprehensive coverage across 19 different headquarters and training commands
- Continuation of decades-long partnership with U.S. Navy
- None.
Insights
SAIC secures substantial $202M Navy training contract, strengthening its position in defense sector with 5+ year potential engagement.
The $202 million contract awarded to SAIC represents a significant win for the company's Navy business segment. This renewed prime contract includes a 10-month base period with four one-year options plus a possible six-month extension, potentially securing revenue streams for over five years. The contract's scope encompasses 19 different headquarters and training commands, indicating substantial breadth of services.
What makes this particularly valuable is the comprehensive nature of the training solutions being provided - from academic instruction to live exercises and synthetic training environments. SAIC will be supporting the entire Fleet Training Continuum, from basic unit-level activities through advanced certifications and major integrated exercises. This positions the company as an integral partner in the Navy's operational readiness.
The contract reinforces SAIC's established foothold in military training systems, described as a "decades-long" relationship with the Navy. This continuation suggests the company has successfully delivered on previous contracts, maintaining a competitive edge in the defense contracting space. The contract's focus on advanced virtual and synthetic training environments aligns with the military's increasing emphasis on cost-effective simulation-based training solutions.
For investors, this represents stable, long-term government contract revenue that provides visibility into future earnings. The contract's alignment with the Chief of Naval Operation's priorities suggests it has strategic importance, potentially insulating it from budget fluctuations. Additionally, the contract's focus on modernized virtual environments positions SAIC at the forefront of military training technology developments.
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The renewed prime contract includes a 10-month base period of performance, four one-year options and one six-month extension option 鈥� ensuring a sustained and robust partnership to fortify the Navy's training programs.
"Our team is extremely proud to continue this decades-long, dedicated support for the U.S. Navy to advance their operational readiness,鈥� said Barbara Supplee, SAIC executive vice president of Navy Business Group. 鈥淭his program is integral to ensuring the Navy is thoroughly prepared to execute any mission assigned by Geographic Combatant and Forward Fleet Commanders. It directly enhances the Navy's ability to deploy and employ all facets of the naval force on a global scale 鈥� making a critical difference in combat situations and supporting the Chief of Naval Operation's priority of developing highly capable warfighting teams equipped for the complexities of modern combat environments.鈥�
Under this contract, SAIC will provide the Navy with extensive training and readiness support capabilities across 19 different headquarters and training commands. This encompasses academic instruction, live exercises, synthetic training events and policy support to ensure comprehensive pre-deployment training and certification, as well as post-deployment sustainment for fleet units and staffs.
SAIC鈥檚 support extends to delivering advanced training scenarios through Fleet Synthetic Training and Live, Virtual, and Constructive (LVC) environments. These training methods cover the Fleet Training Continuum from Basic Phase unit-level activities to Advanced Phase certifications, culminating in high-end Integrated Phase major exercises for deployment readiness. Additionally, SAIC will provide reach-back training support to strike groups and amphibious ready groups during deployments, adapting to the evolving operational environments and emerging threats.
This contract underscores SAIC's long-standing commitment to enhancing the Navy's global readiness and combat capabilities, playing a pivotal role in improving operational effectiveness and preparedness across the Navy. Our innovative training solutions have been instrumental in ensuring the Navy's ability to swiftly adapt to evolving threats and operational environments. By equipping naval forces to face challenges and secure strategic interests worldwide, SAIC is playing a critical role in ensuring the Navy's ability to maintain operational superiority across the globe.
About SAIC聽
庐 is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.
We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately
Forward-Looking Statements聽
Forward-Looking Statements Certain statements in this release contain or are based on 鈥渇orward-looking鈥� information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as 鈥渆xpects,鈥� 鈥渋ntends,鈥� 鈥減lans,鈥� 鈥渁nticipates,鈥� 鈥渂elieves,鈥� 鈥渆stimates,鈥� 鈥済uidance,鈥� and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the 鈥淩isk Factors,鈥� 鈥淢anagement鈥檚 Discussion and Analysis of Financial Condition and Results of Operations鈥� and 鈥淟egal Proceedings鈥� sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC鈥檚 website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC鈥檚 expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.聽
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FAQ
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