U.S. Navy Awards $202 Million Contract to SAIC to Continue Advancing Fleet Deployment Training Program

Core Points - Science Applications International Corp. (SAIC) has secured a $202 million contract to provide training solutions for the U.S. Navy, enhancing operational readiness and combat capabilities [1][5] - The contract includes a 10-month base period, four one-year options, and one six-month extension option, ensuring a long-term partnership with the Navy [2] - SAIC will support 19 different headquarters and training commands, offering a range of training methods including academic instruction, live exercises, and synthetic training events [3][4] Company Overview - SAIC is a Fortune 500 mission integrator focused on technology and innovation across defense, space, civilian, and intelligence markets, with annual revenues of approximately $7.5 billion [6][7] - The company employs around 24,000 individuals and is headquartered in Reston, Virginia [7]