SAIC Bags 5.5 Year $830M US Army Contract

Science Applications International Corp. (NYSE: SAIC) has won a 5.5-year $830 million contract to continue providing hardware-in-the-loop (HWIL) aviation systems engineering services for the U.S. Army Combat Capabilities Development Command, Aviation & Missile Center (DEVCOM AvMC), Software, Simulation, Systems Engineering and Integration (S3I) Directorate.
SAIC will continue to provide systems engineering and integration services to every army branch under the contract.
General Services Administration’s One Acquisition Solution for Integrated Services (OASIS) professional services contract, headed by the Army Contracting Command - Redstone Arsenal will supervise the work.
Price action: SAIC shares closed 0.70% higher at $95.92 on Monday.

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