Science Applications International Corporation announced it was awarded a prime contract by the United States Army to provide command, control, communications, computers, intelligence, surveillance and reconnaissance rapid prototyping and technology insertion support to the Communications-Electronics Research Development & Engineering Center Command, Power and Integration Directorate Prototyping, Integration and Testing Division. The multiple-award, indefinite-delivery/indefinite-quantity contract has a one-year base period of performance, four one-year options, and an estimated total contract value of $263M if all options are exercised.
Stocks were falling amid investor concerns the U.S. Federal Reserve may begin to taper its stimulus measures and …