Anteon Awarded $27M Navy Contract to Support Aegis Shipbuilding Program.Business Editors/High Tech Writers FAIRFAX, Va.--(BUSINESS WIRE)--March 20, 2002 Anteon Corporation, a leading information technology and engineering solutions company, announced today that it has been awarded a 4.75-year (six-month base, four option years and one three-month option) contract by the Naval Surface Warfare That portion of maritime warfare in which operations are conducted to destroy or neutralize enemy naval surface forces and merchant vessels. Also called SUW. Center-Dahlgren Division (NSWCDD NSWCDD Naval Surface Warfare Center - Dahlgren Division ). The contract, valued at approximately $27.3 million if all options are exercised, provides support for the U.S. Navy's Aegis Shipbuilding Program. This contract is a follow-on contract for support that Anteon has been providing NSWCDD since 1996. Under this new contract, Anteon's team that includes Southeastern Computer Consultants Inc. and Engineering Services Network Inc. will provide configuration management analysis and technical support, international programs support, systems engineering and program management support. Joseph M. Kampf, President and Chief Executive Officer of Anteon, said, "The Aegis Shipbuilding Program continues to be one of the Navy's key programs. Our long history of providing a broad spectrum of support for the Aegis Program and this follow-on contract affirm the high quality support we have been providing. We look forward to continuing our relationship with the Naval Surface Warfare Center Dahlgren Division The United States Naval Surface Warfare Center, Dahlgren Division (NSWCDD), named for Rear Admiral John A. Dahlgren, is located in Dahlgren, Virginia and is part of the Naval Surface Warfare Center. The NSWCDD was founded as the U.S. as we meet future challenges." Anteon Corporation is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Anteon International Corporation (NYSE NYSE See: New York Stock Exchange :ANT). Anteon Corporation, headquartered in Fairfax, Virginia, is a leading information technology and systems engineering solutions company providing support to the federal government, commercial and international sectors for over 25 years. With FY 2001 revenue of $715 million, the Company has more than 5,400 employees in over 80 offices worldwide and frequently ranks among the top information technology integrators based on independent surveys. For more information, visit www.anteon.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by forward-looking statements. For information concerning these risks and uncertainties, see Anteon's Securities and Exchange Commission filings. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion