Pentagon Creates ‘Do Not Buy’ List of Russian, Chinese Software

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  January 29, 2020 | International, C4ISR, Security

  SAIC awarded a $325 million Department of Homeland Security SETA III multiple award IDIQ contract

  Reston, Va., January 27, 2020 – Science Applications International Corp. (NYSE: SAIC) has been awarded a multiple award indefinite-delivery, indefinite- quantity contract worth a ceiling value of $325 million with the Department of Homeland Security for Systems Engineering and Technical Assistance (SETA) support to the Science and Technology Directorate. “SAIC understands the importance of our homeland security mission, and the leading-edge services and solutions we bring to it,” said Bob Genter, SAIC senior vice president and general manager of the Federal Civilian Customer Group. “We look forward to collaborating with the Science and Technology Directorate of DHS to engineer systems that keep our Nation secure and safe.” SETA III provides professional, scientific and technical services to DHS's Science and Technology Directorate. SAIC will provide technical assistance for mission-critical engineering and technology tasks including: Technology scouting Program planning Project justification and defense Vulnerability and risk assessment and mitigation Budgets and performance Project execution Transition and commercialization Program evaluation and analysis SAIC is one of five awardees of the DHS SETA III contract and will compete for task orders to support the Science and Technology Directorate's mission to meet the research and development needs of the DHS components. The contract has a five-year period of performance and SAIC will help DHS with researching and organizing scientific, engineering, and technological resources and leveraging these existing resources into technological tools to help protect the homeland. About SAIC SAIC® is a premier technology integrator solving our nation's most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions. We are 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $6.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom. Forward-Looking Statements Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management's Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC's website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC's expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others. SAIC Media Contact: Lauren Presti 703-676-8982 lauren.a.presti@saic.com View source version on SAIC: https://investors.saic.com/press-releases/press-release-details/2020/SAIC-Awarded-a-325-Million-Department-of-Homeland-Security-SETA-III-multiple-award-IDIQ-Contract/default.aspx

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  October 21, 2020 | International, Land, Security

  Rheinmetall eyes do-over in new pitch of its Lynx vehicle to the US Army

  Sebastian Sprenger COLOGNE, Germany — Rheinmetall is teaming with Textron Systems to pitch the Lynx KF41 vehicle as a Bradley replacement to the U.S. Army, the company announced Tuesday. The campaign marks the second time that the Düsseldorf, Germany-based company is targeting the Optionally Manned Fighting Vehicle program following an unsuccessful attempt last year that eventually saw the ground service halt the race. This time around, Rheinmetall is putting greater emphasis on a U.S. footprint, led by its growing American Rheinmetall Vehicles subsidiary based in Sterling Heights, Michigan. Textron, as the newcomer on Team Lynx, is meant to be front and center when it comes to manufacturing and robotics capabilities. “Textron Systems' Slidell, Louisiana, vehicle production facility has supported more than 15 armored vehicle programs of record supporting over 20 countries,” Henry Finneral, senior vice president and general manager of Textron Systems' Marine and Land Systems business, said in a statement. “We stand ready to support the team and the US Army and deliver a trusted platform for the future.” Matt Warnick, managing director at American Rheinmetall Vehicles, said the “teaming agreement brings together two of the world's leading providers of defense industry solutions." Raytheon remains part of the team. Executives hope the new Army competition will give all bidders more leeway in fine-tuning their eventual offers to the service's requirements. That marks a contrast to the previous acquisition attempt, where the ground service essentially wanted specific features already built into prototype vehicles, with little time for companies to adjust. This time around, the Army plans to downsize to five bidders, then three, before picking an eventual winner. A final request for proposals is expected late this year or early next. Service officials have put competitors on notice that an open architecture in the vehicle design will be at a premium, a feature that Rheinmetall touted in its bid notice. “The network is almost more important in some ways than building the combat vehicles,” Maj. Gen. Brian Cummings, program executive officer of ground combat systems, told Defense News in an interview ahead of the Association of the U.S. Army's virtual conference, which ended last week. Rheinmetall previously planned to present the teaming arrangement with Textron at this year's AUSA show if the event had taken place in person. https://www.defensenews.com/global/europe/2020/10/20/rheinmetall-eyes-do-over-in-new-pitch-of-its-lynx-vehicle-to-the-us-army/

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  August 9, 2023 | International, Land

  Polish MOD to Acquire Batch of SPIKE LR Missiles in a New Deal with RAFAEL & Polish MESKO

  As RAFAEL’s local Polish industrial partner, MESKO has already manufactured SPIKE Missiles for the Polish MOD, and this will be the third such deal involving the SPIKE Missile Family.