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SAIC Bags $150M US Transportation Command Enterprise IT Work Contract

  • Science Applications International Corp (NYSE: SAIC) has secured a contract from the United States Transportation Command (USTRANSCOM) to modernize IT management systems.

  • The single-award indefinite delivery, indefinite quantity (IDIQ) Managed Information Technology Services (MITS) contract has a value of approximately $150 million over five years.

  • Under the contract, SAIC will manage almost all enterprise IT services. The award is a follow-on contract to the Information Technology Service Management (ITSM) program.

  • Michael LaRouche, president of the National Security and Space Sector at SAIC, said, "We are thrilled to bring our best-in-industry enterprise IT expertise to USTRANSCOM's critical mission. This work will benefit USTRANSCOM and their delivery of responsive, global mobility at scale."

  • Price Action: SAIC shares are trading lower by 0.71% at $108.09 on the last check Thursday.

  • Photo Via Company

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