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SAIC Awarded New $170.9 Million Contract from the State of Texas for Managed IT Security Services
SAICSAIC(SAIC) GlobeNewswire·2024-12-18 14:00

Core Insights - Science Applications International Corp. (SAIC) has been awarded a contract valued at 170.9millionbytheStateofTexas′DepartmentofInformationResourcestoprovidecybersecurityservices[1][3].Group1:ContractDetails−Thecontractaimstoenhancecybersecurityforstateagencynetworks,focusingonsecurityoperationsservices,riskmanagement,andcompliancewithregulations[3][4].−ThiscontractsignifiesanexpansionofSAIC′scybersecurityeffortsinTexas,buildingonitsexistingpartnershipswithvariousstateandlocalgovernments[2][3].Group2:CompanyOverview−SAICisaFortune500technologyintegratorwithafocusondefense,space,civilian,andintelligencemarkets,generatingannualrevenuesofapproximately170.9 million by the State of Texas' Department of Information Resources to provide cybersecurity services [1][3]. Group 1: Contract Details - The contract aims to enhance cybersecurity for state agency networks, focusing on security operations services, risk management, and compliance with regulations [3][4]. - This contract signifies an expansion of SAIC's cybersecurity efforts in Texas, building on its existing partnerships with various state and local governments [2][3]. Group 2: Company Overview - SAIC is a Fortune 500 technology integrator with a focus on defense, space, civilian, and intelligence markets, generating annual revenues of approximately 7.4 billion [5][6]. - The company employs around 24,000 individuals and emphasizes a culture of diversity, equity, and inclusion [6].