SAIC (SAI) Gets $127M TSA Contract for CT-80DR+ RSEDS
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Price: $15.50 +0.19%
Overall Analyst Rating:
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Dividend Yield: 6.5%
Revenue Growth %: +8.8%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 6.5%
Revenue Growth %: +8.8%
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Science Applications International Corporation (SAIC) (NYSE: SAI) and Reveal Imaging Technologies, Inc., an SAIC company, announced today it was awarded a prime contract by the Transportation Security Administration (TSA) to provide systems equipment, installation, training and maintenance services for the CT-80DR+ Reduced-Size Explosive Detection Systems (RSEDS). The delivery order has a three-year base period of performance and a total contract value of approximately $20 million, and was awarded under an indefinite-delivery/indefinite-quantity (IDIQ) contract with a five-year period of performance and a total contract value of approximately $127 million. Work will be performed primarily in Vista, Calif.
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