Veridian Awarded $11.18 Million Task Order by U.S. Army; Company to provide IT Services to Military District of Washington, D.C.

Business Editors/Hi-Tech Writers

ARLINGTON, Va.--(BUSINESS WIRE)--Oct. 18, 2002

Veridian Corporation (NYSE:VNX) today announced that the U.S. Army has awarded the company an $11.18 million, fixed-priced task order under their Total Engineering and Integration Services (TEIS) contract to install, integrate, and test a new data network for the Military District of Washington D.C. The work will be performed for Fort Belvoir, Fort Meyer, and Fort McNair in support of the project manager, the Defense Communications and Army Switched Systems.

Veridian has extensive experience supporting Installation, Information, Infrastructure Modernization Program (I3MP) efforts -- currently providing I3MP support in engineering, drafting, and quality control to the U.S. Army Information Systems Engineering Command. "Our work will support increased connectivity among these three Army installations and help the three installations to improve their efficiency," said Scott Goss, president of Veridian's IT Services Division. "We are pleased to continue our long-standing support of the U.S. Army's Information Systems Engineering Command."

Additional data network and outside plant requirements for other Military District of Washington sites may be added in the future. The Military District of Washington is comprised of Forts Belvoir, McNair, Myer, AP Hill, Hamilton, Meade, and Detrick.

About Veridian

Veridian is a leading provider of information-based systems, integrated solutions and services specializing in mission-critical national security programs for the intelligence community, the Department of Defense, and other U.S. government agencies involved in homeland defense. The company's capabilities include Network Security and Enterprise Protection; Intelligence, Surveillance and Reconnaissance; Knowledge Discovery and Decision Support; Chemical, Biological and Nuclear Detection; Network and Enterprise Management; and Systems Engineering Services. For more information about the company, visit www.veridian.com.

Forward Looking Information

Certain statements and assumptions in this news release contain or are based on "forward-looking" information that Veridian Corporation believes to be within the definition in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous assumptions and uncertainties, many of which are outside of our control. These include, among others: the failure of the Government to allot funds to complete performance of the task order; risks of contract performance; and risks of contract termination by the Government. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Prospectus contained in Veridian's Registration Statement on Form S-1, as amended (File Number 333-83792), and from time to time, in Veridian's other filings with the Securities and Exchange Commission, among others, its reports on Form 8-K and Form 10-Q.

The forward-looking statements included in this news release are only made as of the date of this news release and we undertake no obligation to publicly update any of the forward-looking statements made herein, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise.