TITAN AWARDED $83 MILLION SYSTEMS ENGINEERING CONTRACT.

Titan Systems Corporation has been awarded a Naval Air Systems Command contract having a potential value of $83 million over the next five years to provide a broad range of systems engineering services to the Systems Engineering Competency (AIR-4.1) within Naval Air Systems Command Headquarters. The Naval Air Systems Command is responsible for the Acquisition, Engineering, Design, and full life-cycle support for all Navy Aircraft (manned/unmanned), advanced weapons, and associated equipment.

Under this cost-plus-fixed-fee contract, Titan Systems will provide systems engineering support in the areas of aircraft systems/subsystem integration, avionics technology insertion, software technology insertion, vehicle technology insertion, survivability & vulnerability engineering, night vision devices/systems, cockpit displays technology, reconnaissance and surveillance systems, multi-sensor integration, engagement and rehearsal aids, and Network Centric Warfare. The contract is for five years, with one base year and four, one-year options.

"This award continues the momentum that Titan Systems has been experiencing in 2001," said Gene Ray, Titan's Chairman, President, and CEO. "We continue to bid on and win larger awards which we believe is a result of our strategy for this business unit. We are hopeful that we will continue to see these kinds of awards in the future."

Major Navy and Marine Corps aircraft programs supported under this contract include the Joint Strike Fighter (JSF), F/A-18, F-14, EA-6B, AV-8B, V-22, E-2C, P-3C, Multi-Mission Aircraft (MMA), S-3, UAV's, Tactical Tomahawk, Aerial Targets, C-130, KC-130, H-1, H-60, H-53, Joint Tactical Combat Training System (JTCTS), Common Avionics, Tactical Surveillance Programs, Aircraft Weapons and Joint Programs.

Titan Systems is a technology-based business providing solutions, services and products primarily to the Department of Defense and various other Federal agencies. Titan Systems has annualized revenues of approximately $860 million and a firm backlog in excess of $2 billion.

"Titan Systems is extremely proud of its long-term partnership with the Naval Aviation Community," says Tom Brennan, Titan Systems' Aviation Engineering Group President and GM. "We expect to continue to grow and build on this partnership with our ultimate goal being to jointly provide a responsive and quality product to the end user: the fleet."

Services will be performed primarily at the company's facilities in Lexington Park MD; however, Titan Systems work under this contract also will be performed at Lakehurst, NJ; Jacksonville, FL; Cherry Point, NC; North Island, CA; Norfolk, VA; NAS Oceana and Pt. Mugu, CA; Indianapolis, IN; and AIRLANT/AIRPAC.

"Systems engineering is fundamental and critical to the Navy's acquisition and development of new and upgraded systems," according to James Krout, Naval Systems Division GM and Senior Vice President at Titan's Lexington Park facility. "This contract reaffirms Titan Systems as a leader in systems engineering support to the Naval Aviation Community.

Headquartered in San Diego, The Titan Corporation creates, builds and launches technology-based businesses, offering innovative technical solutions. Three of Titan's four core businesses develop and deploy communications and information technology solutions and services. In addition, Titan's SureBeam (Nasdaq: SURE) subsidiary markets the leading technology for the electronic pasteurization of food products and Titan is continually identifying promising technologies suitable for commercialization. The company has 7,800 employees and annualized sales of approximately $1.1 billion.