SAIC Secures Contract To Support US Navy Networks

Science Applications International Corp SAIC has secured a $163 million contract from the U.S. Navy for the Naval Information Warfare Center (NIWC) Pacific Shore Networks Branch in San Diego, CA.
Under the contract, SAIC will maintain Naval Enterprise Networks for all shore-based U.S. Navy commands and personnel critical to the Navy’s day-to-day operations and support command and control of U.S. Navy units deployed by operational commanders.
NIWC Pacific provides technological and engineering support critical to information warfare for the U.S. Navy and Marine Corps, Air Force, Army, and Coast Guard programs.
Price Action: SAIC shares are trading lower by 0.26% at $93.19 on the last check Thursday.