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Stock Market & Financial Investment News

News Breaks
June 2, 2014
07:52 EDTSAICSAIC awarded joint force devleopment support services contract
Science Applications International Corporation announced it was one of seven companies awarded the Joint Force Development Support Services indefinite-delivery/indefinite-quantity contract to provide training, education and exercise solutions and services in support of the Office of the Secretary of Defense for Personnel and Readiness Joint Staff J-7 Directorate, Combatant Commands, the military services, U.S. Government federal agencies, and multinational partners. The multiple‐award contract has a five-year period of performance and a total potential value of more than $800M for all awardees. Work will be performed primarily in Arlington, and Hampton Roads, Va.
News For SAIC From The Last 14 Days
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February 23, 2015
07:51 EDTSAICSAIC awarded $62M task order by SPAWAR
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February 19, 2015
17:30 EDTSAICSAIC awarded $247.5M government contract
Science Application International has been awarded a maximum $247.5M firm-fixed-price, indefinite-delivery/indefinite-quantity contract for maintenance, repair and operations for the Tailored Logistics Support Prime Vendor Program for the Southwest Region Zone 2. This contract was a competitive acquisition and eight offers were received. This is a two-year base contract with two 18-month option periods. Location of performance is New Jersey, with a Feb. 18, 2020, performance completion date.
February 15, 2015
16:45 EDTSAICFAA proposes new rules for commercial operation of drones in U.S
The Department of Transportationís Federal Aviation Administration proposed a framework of regulations that would allow routine use of certain small unmanned aircraft systems, UAS, in todayís aviation system, while maintaining flexibility to accommodate future technological innovations. The FAA proposal offers safety rules for small UAS, under 55 pounds, conducting non-recreational operations. The rule would limit flights to daylight and visual-line-of-sight operations. It also addresses height restrictions, operator certification, optional use of a visual observer, aircraft registration and marking, and operational limits. Publicly traded companies in the space include General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), AeroVironment (AVAV), SAIC (SAIC), Textron (TXT), Amazon.com (AMZN) and GoPro (GPRO). Reference Link

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