National Cancer Institue contracts for basic research

September 29, 2008 by Dagpotter · Comment
Filed under: Contract Awards, S&T, SAIC, development program, medicine 

The National Cancer Institute contracted with SAIC to run the Federal Funded Research and Development Center (FFRDC) in Frederick, MD. The 3 year contract will allow SAIC to conduct basic research on cancer and HIV cures and treatments. While SAIC is known primarily for supporting the US military they have been doing this work for over 10 years.

See the press release at IT News Online.

It takes money to spend money

The Defense Finance and Accounting Service (DFAS) is the organization within DoD that actually pays the bills. Eventually every contract action will lead to DFAS sending money to the company doing the work. SAIC has won a contract to build software to train the DFAS employees on policies and regulations. See a story here.

SAIC does well on Iraq and Afghanistan

June 3, 2008 by Dagpotter · Comment
Filed under: Earnings, IT, SAIC, SETA, logistics 

SAIC reported that their first quarter profits were up 25% over last year. See a story here. The company chose to highlight there contracts providing support to the various MRAPs deployed to Afghanistan and Iraq as part of the reason results were so good. Of interest is that the CEO, Mr. Dahlberg, complained of the fact that they cannot generate commercial growth to their satisfaction. This is often true of various large defense contractors. If there are significant decreases in the US defense budget in the future these companies may find it hard to sustain growth and profitability.

SAIC wins NBC defense contract

May 29, 2008 by Dagpotter · Comment
Filed under: Contract Awards, SAIC, SMDC, U.S. Army, logistics 

The US Army’s Space and Missile Defense Command (SMDC) awarded SAIC a one year plus four option years contract to provide NBC defense for US military bases. See an article here. If the full contract is executed it could be worth up to $500 M. Since 9/11 the US has greatly increased the ability of their bases to respond to chemical and nuclear attacks.

SAIC wins Navy SETA contract

May 22, 2008 by Dagpotter · Comment
Filed under: Contract Awards, SAIC, SETA, U.S. Navy 

SAIC won a contract with Naval Surface Warfare Center (NSWC) Crane to provide SETA services. See the article here. It is a two year base contract with three option years. They received about $30 M for now, with the possibility if all options are exercised of getting $240 M in work. These kind of omnibus service contracts have become more common and are used to allow various program and project offices to buy the services the need.

Boeing led team begins work on JDRADM

The Joint Dual Role Air Dominance Missile (JDRADM) is a development program by the US Air Force for the next generation air launched system that will be able to attack ground and air targets. According to this story, a Boeing led team has won the contract to develop fuzing and seeker technology as part of the program. It is only a $5.2 M contract but it will most likely lead to more work and ultimately production if the system successfully develops. For more on the JDRADM see this.

Some Analysis of SAIC’s Common Stock

April 21, 2008 by Dagpotter · Comment
Filed under: Editorial, Industry Analysis, SAIC, SETA 

As a recent GAO report highlighted the Department of Defense invests a great deal in Science, Engineering, Technical and Analysis (SETA) contracts. These contracts, and contractors, are most known as working with the military acquisition offices to provide necessary support. There are also SETA contracts with IT, testing, engineering, safety and pretty much any area that the DoD and Services are involved in. It is a large business employing thousands.

Read more

Boeing expands JLTV team

April 18, 2008 by Dagpotter · Comment
Filed under: Boeing, Ford, Industry Analysis, SAIC 

Boeing added SAIC and Ford to the team they have established to bid on the development contract for the JLTV. See an article here. The JLTV will replace the HUMVEE and other light tactical vehicles. Read more

Army gives SAIC contract for technical support

March 5, 2008 by Dagpotter · Comment
Filed under: Contract Awards, SAIC, SETA, U.S. Army, logistics 

SAIC is one of the top ten defense contractors and provides engineering and technical services, not hardware.  This press release discusses a $98 M contract from the Army to provide technical and analytical support to the US Army Medical Research and Material Command.  This is a good example of such a contract.   Most of the large military acquisition and support commands have these type of contracts.  There are literally hundreds of companies large and small that provide that kind of work.

NASA Program Delayed Two Years Due to Conflict of Interest

December 22, 2007 by Dagpotter · Comment
Filed under: Contract Awards, NASA, SAIC 

This story from the AP on 21 December details how a NASA probe to Mars will be delayed two years due to a conflict between one of the two contractors proposing and the persons involved in the selection process. NASA has not released any details on who, or what, caused the conflict. This means the whole review and award process has to restart. Because Mars is only close to Earth every two years or so, the whole program is delayed from 2011 to 2013. To further add to the issue, SAIC was banned from participating in bidding on the contract as it’s personnel are involved in the review process. See MSNBC for the complete story.

SAIC Hires Two New Senior Security Executives

December 22, 2007 by Dagpotter · Comment
Filed under: Hires, SAIC 

On 20 December, it was announced that SAIC hired two new executives who will be responsible for developing their homeland and cyber security businesses. Retired US Army Lieutenant General Joe DeFrancisco and former US Customs and Immigration Agency official Bill Carroll are to utilize their experience to “to provide awareness of our U.S. Army and Homeland Security customer priorities, trends, concerns and opportunities,” according to SAIC. The full story from UPI is here. Unlike other large defense corporations in the United States, SAIC provides science, analytical and engineering services rather then developing and producing hardware.

SAIC Awarded Joint Project Manager Information Systems Task Order

December 21, 2007 by admin · Comment
Filed under: Contract Awards, SAIC, U.S. Navy 

On December 17, Science Applications International (SAIC) issued a press release announcing that “it won a cost-plus-fixed-fee task order under the Seaport Enhanced program (Seaport-e) from the Space and Naval Warfare Systems Command, San Diego to support the Joint Project Manager Information Systems (JPMIS) program. This single-award task order has a one-year base period and four one-year options with an estimated total value of more than $70 million if all options are exercised. Work will be conducted primarily in San Diego.”

More details can be found in the press release.