SAIC Pockets $319M Contract From US Air Force

Science Applications International Corp. SAIC has secured the $319 million Falconer Air Operations Center (AOC) Weapon System Sustainment contract from the U.S. Air Force.
The SAIC team will partner with Kessel Run, a Division within the Air Force Life Cycle Management Center's (AFLCMC) Digital Directorate, to provide Air Operations Centers with a secure and modernized mission system to plan and conduct air operations.
SAIC will operate, maintain and modernize the Falconer weapon system with comprehensive engineering and technical innovation, including cloud assessment, planning, and migration services.
"The Falconer program is a strategic win for SAIC that combines our capabilities in command and control and leadership in cloud migration and digital modernization," said Michael LaRouche, president of SAIC's National Security and Space Sector.
Price Action: SAIC shares are trading higher by 0.13% at $94.80 on the last check Wednesday.