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SAIC Awarded $42 million training contract by US Navy
MCLEAN, VA. Oct. 24, 2011. Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the United States Navy to provide operational and tactical support to United States Fleet Forces Command (USFF). The single-award contract has a six-month period of performance, four one-month options, and a contract value of more than $42 million if all options are exercised.