Science Applications International Corporation Wins 3 U.S. Navy Contracts Worth $58.2M For Engineering Service
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Science Applications International Corporation (SAIC) has secured three contracts from the U.S. Navy worth a total of $58.2 million. These contracts are for providing engineering services at the Naval Air Warfare Center Weapons Division in Point Mugu, California.
August 15, 2024 | 12:17 pm
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Science Applications International Corporation (SAIC) has been awarded three contracts by the U.S. Navy totaling $58.2 million for engineering services at the Naval Air Warfare Center Weapons Division in Point Mugu, California.
The awarding of three contracts worth $58.2 million by the U.S. Navy is a significant revenue boost for SAIC. This will likely have a positive short-term impact on SAIC's stock price as it strengthens the company's position in the defense sector.
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