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 fornirà 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 dólares 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 período base de 10 meses con cuatro opciones anuales y una opción de extensión de seis meses.
La compañía ofrecerá soporte de entrenamiento y preparación en 19 diferentes comandos de cuarteles generales y entrenamiento, abarcando instrucción académica, ejercicios en vivo y eventos de entrenamiento sintético. El apoyo de SAIC incluye Entrenamiento Sintético 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 Básica hasta las de Fase Avanzada.
SAIC (NASDAQ: SAIC)는 미 해군으로부터 2억 200만 달러 규모의 계약을 체결하여 함대 배치 훈련 프로그램에 대한 종합적인 훈련 솔루션 제공을 계속하게 되었습니다. 계약은 10개월 기본 기간과 4회의 1년 옵션, 6개월 연장 옵션을 포함합니다.
회사는 19개의 다양한 본부 및 훈련 지휘부에 걸쳐 훈련 및 준비 지원을 제공하며, 학술 교육, 실시간 훈련, 합성 훈련 이벤트를 포함합니다. SAIC의 지원에는 함대 합성 훈련과 실시간, 가상 및 구성(LVC) 환경이 포함되며, 기본 단계부터 고급 단계 인증까지 함대 훈련 연속체 전체를 아우릅니다.
SAIC (NASDAQ : SAIC) a obtenu un contrat de 202 millions de dollars de la Marine américaine pour continuer à fournir des solutions de formation complètes dans le cadre du Programme de Formation au Déploiement de la Flotte. Le contrat comprend une période de base de 10 mois, avec quatre options d’un an et une option de prolongation de six mois.
L’entreprise assurera un soutien à la formation et à la préparation dans 19 différents quartiers généraux et commandements de formation, incluant l’instruction académique, les exercices en direct et les événements de formation synthétiques. Le soutien de SAIC comprend la formation synthétique de la flotte ainsi que les environnements en direct, virtuels et constructifs (LVC), couvrant l’ensemble du continuum de formation de la flotte, des certifications de phase de base jusqu’à la phase avancée.
SAIC (NASDAQ: SAIC) hat einen 202-Millionen-Dollar-Vertrag mit der US-Marine abgeschlossen, um weiterhin umfassende Trainingslösungen für das Fleet Deployment Training Program bereitzustellen. Der Vertrag umfasst eine 10-monatige Basislaufzeit mit vier einjährigen Optionen und einer sechsmonatigen Verlängerungsoption.
Das Unternehmen wird Trainings- und Bereitschaftsunterstützung für 19 verschiedene Hauptquartiere und Trainingskommandos liefern, einschließlich akademischer Schulungen, Live-Übungen und synthetischer Trainingsveranstaltungen. Die Unterstützung 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 – 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,” said Barbara Supplee, SAIC executive vice president of Navy Business Group. “This 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 – 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.”
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’s 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
SAIC® 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
Forward-Looking Statements Certain statements in this release contain or are based on “forward-looking” 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 “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” 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 “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” 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’s 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’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.
Media Contact:
Greg Hicks
619.961.0075 | Gregory.L.Hicks@saic.com
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