SAIC Wins Army National Guard Contract Worth Up to $58 Million
On Tuesday,government IT contactor SAIC announced that it has been awarded a contract from the U.S. Army National Guard worth up to $58 million to operate, modernize, expand, and improve the Guard's Enterprise Operations and Security Services (EOSS) concept.
Among other services, SAIC will be helping to transition the Guard's "traditional IT operation model" into a "services-oriented, Information Technology Infrastructure Library-based concept of operations."
This is a single-award, firm fixed-price contract for one year initially, but with four one-year options to extend the contract. It will take renewals of the contract for all four subsequent one-year periods to raise the value of the contract to the full $58 million.
The article SAIC Wins Army National Guard Contract Worth Up to $58 Million originally appeared on Fool.com.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.