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United States : SAIC secures contract from the US FAA worth up to USD106m.


Byline: Mamta03

Science Applications International Corporation (SAIC SAIC - http://saic.com. ) (NYSE NYSE

See: New York Stock Exchange
: SAI) reported on Tuesday that the US 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 a contract to provide programme management and technical services to support the FAA's NextGen transformation programme efforts. The contract has a one year base period of performance and four one-year options, with a total value of over USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
106m should all options be exercised. The work will be primarily performed in Washington DC and at FAA locations as necessary.

NextGen is reportedly a wide-ranging transformation of the whole US air transportation system aimed at moving away from legacy ground based technologies to new and more dynamic satellite technology. The new capabilities and interdependent technologies will change the way that the system operates, reduce congestion The condition of a network when there is not enough bandwidth to support the current traffic load.

congestion - When the offered load of a data communication path exceeds the capacity.
 and improve passengers' experiences.

Under the contract, SAIC will prove the FAA with programme management and technical services in a range of task areas, including safety management systems, aeronautical communications activities and aviation weather programmes.

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Publication:TendersInfo
Date:Oct 29, 2009
Words:174
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