SAIC Awarded Three Army TACOM Strategic Service Solutions Contracts


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Science Applications International Corp. (NYSE: SAIC) was awarded three prime contracts for the Tank and Automotive Command (TACOM) Strategic Service Solutions (TS3) family of contracts. These contracts will provide the U.S. Army a variety of services and solutions to support the TACOM Life Cycle Management Command, the Program Executive Offices for Ground Combat Systems, Combat Support & Combat Service Support, System of Systems Engineering & Integration, and the Tank Automotive Research and Development Command (TARDEC).The multiple-award, indefinite-delivery, indefinite-quantity contracts cover three individual service areas: a knowledge based services contract worth a total of $1.8 billion; an equipment related services contract worth a total of $1.1 billion; and a research & development services contract worth a total of $634 million. The contracts each have a five-year period of performance, and a combined total contract value of more than $3.2 billion available to all awardees. SAIC is one of four awardees that will compete for task orders under all three contracts. Work will be performed primarily in Sterling Heights, Michigan. "SAIC is excited to be awarded a prime position on all three TS3 contracts and we are pleased to provide the Army's ground vehicle portfolio with mission-critical support," said John Gully, SAIC senior vice president and general manager of the Army and Air Force Customer Group.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsContractsPress Releases