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Titan awarded $200 million ID/IQFAA engineering support services contract.


The Titan Corporation (NYSE NYSE

See: New York Stock Exchange
:TTN) announced recently that the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control  (FAA) has awarded the company an indefinite delivery, indefinite quantity (ID/IQ ID/IQ Indefinite Delivery/Indefinite Quantity
ID/IQ Indefinite Duration/Indefinite Quantity
) contract having a potential value of $200 million over the next ten years. Under this multiple-awarded, task order-based contract, Titan will compete against three other companies to provide system engineering and acquisition management support and services throughout the FAA under the Multiple Area Support Services procurement vehicle.

"This latest award further expands Titan's decades-long relationship with the FAA," said Gene Ray, Titan's chairman, president, and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It clearly illustrates Titan's quality performance record and capability to provide a broad range of technical support services and resources to the FAA's mission."

Future FAA tasking under this contract will capitalize on Titan's technical capabilities in the areas of air traffic control automation, communication, navigation, surveillance, telecommunications, program management, acquisition management, and business process reengineering See reengineering. .

Headquartered in San Diego, The Titan Corporation is a leading provider of comprehensive information and communications systems solutions and services to the Department of Defense, intelligence agencies, and other federal government customers. As a provider of national security solutions, the company has approximately 11,000 employees and current annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 sales of approximately $1.5 billion.
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Comment:Titan awarded $200 million ID/IQFAA engineering support services contract.
Publication:EDP Weekly's IT Monitor
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 28, 2003
Words:201
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