Anteon Awarded $26.9M Contract from U.S. Navy Space and Naval Warfare Command; Provides Program Management and Engineering Servi
November 01 2005 - 7:30AM
Business Wire
Anteon International Corporation (NYSE:ANT), a leading information
technology, systems integration and engineering services company,
today announced that it has been awarded a contract by the U.S.
Navy Space and Naval Warfare Systems Command (SPAWAR) PEOC4I &
Space. Anteon will provide engineering and program support for the
Program Management Warfare (PMW) 780 Airborne Networking &
Integration International Program Office. The estimated value of
this contract, if all options are exercised, is $26.9 million over
a five year period of performance. "Anteon is a premier prime
contractor supporting SPAWAR at headquarters and around the world.
We have an experienced team of professionals that understands and
delivers upon the PMW 780 mission," stated Dan Johnson, Anteon
chief operating officer. "Anteon is delivering mission critical
program management, systems engineering and logistical support for
this major PEOC4I & Space program." The contract work will be
conducted both at SPAWAR Command Headquarters in San Diego, CA, PMW
780 and various locations around the world. Anteon will provide
engineering and program management support, as well as acquisition
and system engineering support to the Multifunction Information
Distribution System (MIDS), Low Volume Terminal (LVT) and MIDS
Joint Tactical Radio Systems (JTRS), and other customers within the
PMW 780 office. The Anteon team will also provide platform
integration, data management, and database development. About
Anteon Anteon, headquartered in Fairfax, Virginia, is a leading
information technology company serving the U.S. Federal government
and international customers. Anteon designs, integrates, maintains,
and upgrades state-of-the-art systems for national defense,
intelligence, homeland security, and other high priority government
missions. Anteon provides numerous government clients with the
systems integration, strategy and program management, systems
engineering, operations services, and simulation and training
skills necessary to manage the development and operations of their
mission critical systems. The Company was founded in 1976 and
currently employs over 9,500 employees in more than 100 offices
worldwide. Anteon consistently ranks among the top information
technology integrators based on independent surveys, and has been
named to the Forbes List of the 400 Best Big Companies in 2005,
earning distinction on the Forbes Platinum List. Anteon is listed
on the Standards & Poor's MidCap 400 Index. For more
information, visit www.anteon.com. Safe Harbor Statement under the
Private Securities Litigation Reform Act of 1995: The statements
contained in this release which are not historical facts are
forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially
from those set forth in, or implied by, forward-looking statements.
The Company has tried, whenever possible, to identify these
forward-looking statements using words such as "projects,"
"anticipates," "believes," "estimates," "expects," "plans,"
"intends," and similar expressions. Similarly, statements herein
that describe the Company's business strategy, outlook, objectives,
plans, intentions or goals are also forward-looking statements. The
risks and uncertainties involving forward- looking statements
include the Company's dependence on continued funding of U.S.
government programs, government contract procurement and
termination risks, including risks associated with bid protests,
and other risks described in the Company's Securities and Exchange
Commission filings. These statements reflect the Company's current
beliefs and are based upon information currently available to it.
Be advised that developments subsequent to this release are likely
to cause these statements to become outdated with the passage of
time. The Company does not currently intend, however, to update the
guidance provided today prior to its next earnings release.
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