U.S. Markets open in 7 hrs 8 mins

Plum NASA Contract for SAIC

Zacks Equity Research

Technical services provider SAIC, Inc. (SAI) recently received a plum contract worth approximately $1.8 billion from NASA. The contract entails SAIC to provide a plethora of scientific, health, engineering, operational, and technical support services to Johnson Space Center Human Health and Performance (HH&P) directorate and the Human Exploration and Operations Mission Directorate (:HEOMD) Human Research Program (:HRP) of NASA.

The single-award indefinite-delivery/indefinite-quantity (ID/IQ) contract has a 10-year window for delivering the service. This includes a 5-year base period, one 3-year option, and one 2-year option. The technical services will be primarily offered at the Johnson Space Center in Houston, Texas and the White Sands Test Facility near Las Cruces, N.M.

The Johnson Space Center is the epicenter of the various space missions of NASA and serves as a hub for astronaut corps. The HH&P division of the space center diligently focuses on the optimum utilization of human health for improved productivity of space exploration activities.  

To fulfill this endeavor, SAIC will offer its technological expertise to support fundamental and applied biomedical and space cell biology research and development and effective use of the HH&P directorate laboratories. At the same time, SAIC will facilitate the development and application of space environmental factors, human factors, human system integration and biomedical engineering; design, development, test, evaluation, and operation of biomedical flight hardware; and integration of payloads, experiments, and hardware with the International Space Station. SAIC will also offer critical support in the areas of flight medicine, human test support and occupational health to NASA during the tenure of the contract.

Since its inception in 1969, SAIC has utilized its vast domain knowledge to solve critical problems of the country in areas such as national security, energy and the environment, critical infrastructure, and health.  

SAIC currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth considering now include Providence Service Corp (PRSC) and Booz Allen Hamilton Holding Corporation (BAH), both carrying a Zacks Rank #1 (Strong Buy), and ICF International Inc. (ICFI), having a Zacks Rank #2 (Buy).

Read the Full Research Report on SAI

Read the Full Research Report on BAH

Read the Full Research Report on PRSC

Read the Full Research Report on ICFI

Zacks Investment Research

More From Zacks.com