From saic at vision.moundalexis.com Sat Nov 4 13:37:25 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Sat, 4 Nov 2006 08:37:25 -0500 (EST) Subject: [saic] NASA awards $31.4M deal to SAIC Message-ID: <20061104083703.E26528-100000@vision.moundalexis.com> 4 November 2006 ; Hemscott NASA awards $31.4M deal to SAIC http://www.hemscott.com/news/latest-news/item.do?newsId=37142877433860 --- WASHINGTON (AFX) - NASA's Johnson Space Center on Friday awarded a contract worth up to $31.4 million to defense services contractor Science Applications International Corp. for aircraft operations systems support. The pact covers replacement and integration of data management systems for aircraft maintenance, aircraft quality assurance, and technical publications and documentation. SAIC also will develop security management, disaster recovery, continuity of operations plans, remote access and administration processes. Johnson, based in Houston, awarded SAIC a three-year deal worth $19.8 million, but two one-year options could bring the total value to $31.4 million. Shares of San Diego-based SAIC added 34 cents to close at $19.85 on the New York Stock Exchange. From saic at vision.moundalexis.com Tue Nov 7 03:15:37 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Mon, 6 Nov 2006 22:15:37 -0500 (EST) Subject: [saic] The Pentagon Papers Of E-Voting Message-ID: <20061106221529.S26528-100000@vision.moundalexis.com> 6 November 2006 ; U.S. Newswire The Pentagon Papers Of E-Voting http://releases.usnewswire.com/GetRelease.asp?id=75738 --- Maryland's 'SAIC Report' On Diebold Security Vulnerabilities -- Released WASHINGTON, Nov. 6 /U.S. Newswire/ -- Previously Unreleased 200-Page Report Said to Document Some 180 Security Flaws and Recommendations Made to Diebold and Maryland On Friday night, The BRAD BLOG, www.bradblog.com, broke the story of the long-sought, yet never-released complete "Risk Assessment Report" of Diebold's electronic voting systems as commissioned by the state of Maryland from the Scientific Applications International Corporation (SAIC) in 2003. Last night, The Brad Blog released that report exclusively in full as provided by "a patriotic high-level state official" very close to this situation in the Maryland government.The original, never-before-released SAIC report was nearly 200 pages in all as completed, and details a number of extraordinary security vulnerabilities found in Diebold's AccuVote-TS (touch-screen) voting systems as deployed by the state of Maryland initially in 2002. The version of the SAIC report that was eventually released to the public, after extreme redaction, was a mere 38 pages long. Regarded by many in the computer science, security and election integrity community as "The Pentagon Papers of E- Voting", the report as released by MD's State Election Administrator, Linda Lamone, was edited, changed and, of course, highly redacted by someone. If security vulnerabilities were indeed found in 2003 by SAIC, but subsequently kept covered-up by Diebold or their allies such as longtime booster Lamone, within the MD State Elections division, the question of accountability - and even the specter of malicious out-and-out fraud - has been raised. During an interview Saturday with reporter Rebecca Abrahams and Stephen Spoonamore, the CEO of computer security firm Cyberinth LCC, they suggested that an FBI investigation may currently be under way in Maryland concerning several events surrounding the use of Diebold machines in the state and the SAIC report. Given the importance of this never-before-released information - and after close consultation with Abrahams and several others, we believe the national public interest in the information contained in this report requires full and immediate release and disclosure. The complete PDF documents can be found on http://www.bradblog.com. From saic at vision.moundalexis.com Thu Nov 9 03:11:25 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Wed, 8 Nov 2006 22:11:25 -0500 (EST) Subject: [saic] SAIC Acquires AETC Incorporated Message-ID: <20061108221112.L26528-100000@vision.moundalexis.com> 8 November 2006 ; Aerospace News SAIC Acquires AETC Incorporated http://aerospace-news.com/2006/11/saic-acquires-aetc-incorporated.html --- SAN DIEGO and MCLEAN, Va., Nov. 8 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE:SAI) announced today that it has completed the acquisition of AETC Incorporated, a San Diego-based firm providing remote sensing systems and services for the U.S. Department of Defense. The acquisition strengthens SAIC's capabilities as a lead system developer and integrator for next generation antisubmarine warfare systems and provides opportunities for growth in the areas of buried object detection and classification. AETC develops acoustic, non-acoustic, radar, and electromagnetic remote sensing techniques and systems for underwater, underground, and above-ground applications. The company also provides analytical support, physical modeling services, algorithm and processing system development, performance characterization, and system engineering support for a wide variety of sensing, detection, and decision-support systems. "AETC and SAIC have teamed up to address some of our customers' most difficult technical problems, and these collaborations have resulted in innovative approaches that have aided and directly influenced the programs involved," said Joseph Sabatini, former president and chief executive officer of AETC. "This acquisition will essentially create an ongoing collaboration among SAIC employees to benefit our customers." "AETC has a highly qualified workforce in basic physics, signal processing and systems engineering that complements SAIC's antisubmarine warfare sensor systems capabilities," said Peter Mikhalevsky, SAIC senior vice president and operations manager in the Research, Development, Test and Evaluation Group. "The acquisition also will expand our expertise in the unexploded ordnance and counter mine business areas." The company's 46 employees will transition into SAIC's Research, Development, Test and Evaluation Group. Terms of the acquisition agreement were not disclosed. From saic at vision.moundalexis.com Fri Nov 10 04:48:38 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Thu, 9 Nov 2006 23:48:38 -0500 (EST) Subject: [saic] SAIC Signs Agreement to Acquire Applied Marine Technology, Inc. Message-ID: <20061109234830.Y26528-100000@vision.moundalexis.com> 9 November 2006 ; PRNewswire SAIC Signs Agreement to Acquire Applied Marine Technology, Inc. http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/11-09-2006/0004470624&EDATE= --- SAN DIEGO and MCLEAN, Va., Nov. 9 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) today announced that it has signed a definitive agreement to acquire Applied Marine Technology, Inc. (AMTI). Based in Virginia Beach, Va., AMTI has expertise in special operations and special mission units and provides a broad range of services, products and expertise to the special warfare community, military, law enforcement, the intelligence community and private industry, including the areas of homeland security and the global war on terrorism. Offerings include training and exercises, systems engineering and integration, information systems and communications, and rapid prototyping of technical solutions and products focused on support to intelligence and special warfare. "SAIC brings new markets, customers, products and service offerings that, when combined with AMTI's expertise in special operations, homeland security, and in combating the global war on terrorism, will position the team to provide even higher-quality solutions on a larger scale," said Jim Papineau, AMTI's president and chief executive officer. "We believe the combined company will provide AMTI employees with enhanced professional development and career opportunities that would not be available to them without joining our capabilities with SAIC." "This acquisition integrates AMTI's expertise in intelligence, scientific and custom engineering solutions, prototyping and manufacturing capabilities, and other areas with SAIC's technical and operational presence to support the most challenging missions facing our nation's intelligence, special warfare and homeland security communities," said Lawrence Prior, president of SAIC's Intelligence and Security Group. "We look forward to combining AMTI's capabilities with our offerings and are pleased to welcome AMTI's employees and exceptional leadership team to SAIC." AMTI employs more than 500 people supporting government and private sector clients in locations across the U.S., including Virginia Beach, Va.; San Diego, Calif.; Fayetteville, N.C.; Charleston, S.C.; Ponca City, Okla.; and Washington, D.C. In addition to its core offerings, AMTI designs, develops, and manufactures communications, information technology, personal protection, and explosive ordinance disposal products. The acquisition is expected to close in December 2006, subject to customary closing conditions, including expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. Terms of the acquisition were not disclosed. From saic at vision.moundalexis.com Fri Nov 10 04:50:12 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Thu, 9 Nov 2006 23:50:12 -0500 (EST) Subject: [saic] SAIC purchases Virginia Beach military contractor Message-ID: <20061109235005.W26528-100000@vision.moundalexis.com> 9 November 2006 ; The Virginian-Pilot SAIC purchases Virginia Beach military contractor http://content.hamptonroads.com/story.cfm?story=114105&ran=119442 --- Science Applications International Corp., known as (SAIC), announced late Wednesday night that it is purchasing Applied Marine Technology Inc. of Virginia Beach. AMTI provides a broad range of services, products and expertise to the military, law enforcement and private industry, including the areas of homeland security and the Global War on Terrorism. Since 1991, it has grown from a three-man organization focused on supporting Naval Special Warfare Operations to a multi-faceted company with over 400 employees serving both public and private enterprises, according to AMTI's Web site. The company has six satellite offices across the United States and maintains staff at over 23 additional locations in the U.S. and abroad. In 2003 the company captured the Virginia Beach Small Business of the Year Award from the Hampton Roads Chamber of Commerce, the Virginia Chamber of Commerce's Fantastic Fifty Award for 2004 and 2005 (50 fastest-growing small businesses in Virginia), and the 2005 American Legion Virginia Employer of Veterans Award. The company will become part of SAIC's Operational Intelligence Solutions Business Unit in the Intelligence and Security Group. SAIC, a leading defense and government contractor, had annual revenues of $7.8 billion for its fiscal year that ended Jan. 31. From saic at vision.moundalexis.com Fri Nov 10 04:53:10 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Thu, 9 Nov 2006 23:53:10 -0500 (EST) Subject: [saic] Radio Recap Message-ID: <20061109235300.K26528-100000@vision.moundalexis.com> 9 November 2006 ; Madd Money Radio Recap http://maddmoney.blogspot.com/2006/11/radio-recap_09.html --- [...] Stock On Demand The "On Demand" stock this week was SAIC, Inc. (SAI). Jim called it the next MasterCard Incorporated (MA) or NYSE Group, Inc. (NYX) due to the pricing of the stock right now. This is a "Donald Rumsfeld" stock, meaning that when the Defense Department was getting a blank check. Jim told us that market players should not worry, and this continues to be the defense stock that should work. Essex Corporation (KEYW) was the old domestic security pick but SAI is the new pick. [...] From saic at vision.moundalexis.com Tue Nov 14 12:07:51 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Tue, 14 Nov 2006 07:07:51 -0500 (EST) Subject: [saic] Young workforce will affect technology in workplace Message-ID: <20061114070741.J26528-100000@vision.moundalexis.com> 14 November 2006 ; Federal Computer Week Young workforce will affect technology in workplace http://www.fcw.com/article96729-11-07-06-Web --- BY Matthew Weigelt SAN DIEGO -- As the federal government reaches out to young workers, agencies have to adopt new technologies, such as instant messaging, and recognize their innovative uses in the workplace, officials said Monday. The incoming wave of younger employees expects to be able to use those technologies. The government's workforce is aging and the majority is nearing retirement age. In the years since they arrived in public service, technologies have progressed rapidly. As new forms of technology have emerged that can double for both workplace and personal use, such as IM communications, agencies and companies have established use policies for them, company and agency officials said at Federal Computer Week's Government CIO Summit in San Diego. Young people are using those technologies, to which they have grown accustomed, to increase their productivity in the workplace. To them, IM technology is a tool and a means of multitasking, said David Sullivan, vice president of information technology at Hampton Roads Transit. "I see a lot of value to it," Sullivan said. IM brings together people at different sites, he said. In addition, agencies can save logs of IM conversations for documentation or later reference. The Defense Department is doing that, said Vern Bettencourt, the Army's deputy chief information officer. Cora Carmody, SAIC's executive chief information officer, said young employees often are taking a technological step backward when entering the workplace. They expect to find wireless devices in businesses, when some companies may not have them. Commerce Department CIO Barry West said agencies must consider how to make the most of those new technologies. As the workforce grows younger, the employees will come in with the expectation of having familiar tools available. However, CIOs must balance the benefits of the newer innovations with security and privacy needs, based on agency and company policies, West said. "There will always be a gray area there," Sullivan said. From saic at vision.moundalexis.com Tue Nov 14 16:14:43 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Tue, 14 Nov 2006 11:14:43 -0500 (EST) Subject: [saic] Systems integrators enjoy best year since dotcom boom Message-ID: <20061114111435.G26528-100000@vision.moundalexis.com> 14 November 2006 ; VNUnet Systems integrators enjoy best year since dotcom boom http://www.vnunet.com/vnunet/news/2168579/system-integrators-enjoy-best --- Things looking up after 'historic lows' Robert Jaques Systems integrators have enjoyed their best ever year since the dotcom boom, IDC has reported. The analyst firm said that the market for systems integrator services in 2005 experienced its strongest year since the late 1990s. After years of "sluggish returns and historic lows", the worldwide market experienced moderate growth of about four per cent in 2005, indicating healthy customer demand. IDC believes that the improved economic conditions, pent-up demand and a desire to align business processes with IT systems drove the spending. The market watcher's research indicates that high-growth areas include investments in SOA, infrastructure improvements and application services. "Systems integrators that have invested in emerging areas, stayed close to customers, and focused on efficient execution are well positioned to capitalise on the market as it improves," said Stephanie Torto, programme manager for IDC's systems integration business strategies research. "Companies that will succeed in this market will be those that embrace the evolution of the software environment, collaborate closely with partners and customers, possess a strong understanding of industry-specific business processes, and have a mature and seamless global delivery capability." The IDC report predicted that the competitive landscape for the systems integrator services market will continue to evolve as vendors balance their investments with their overall portfolio of offerings. Accenture, fuelled by its momentum in 2004, is well positioned to take advantage of a rebounding systems integrator market and customers' pent-up demand for services. Accenture was the top worldwide systems integrator in 2005. According to the study, the US market was dominated by companies with a strong presence in Federal government, namely Lockheed Martin, CSC and SAIC. However, the diversity of players found in the worldwide systems integrator market reflects the reality of the IT services market. IDC believes that consolidation will mirror the type of activity characteristic of the market over the past few years, i.e. targeted niche acquisitions for specific industry or technical skills. From saic at vision.moundalexis.com Thu Nov 16 02:05:08 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Wed, 15 Nov 2006 21:05:08 -0500 (EST) Subject: [saic] Binary Awarded Subcontract Under Navy's MSC Ashore Program Message-ID: <20061115210452.U26528-100000@vision.moundalexis.com> 15 November 2006 ; Earthtimes.org Binary Awarded Subcontract Under Navy's MSC Ashore Program http://www.earthtimes.org/articles/show/news_press_release,22994.shtml --- BETHESDA, Md., Nov. 15 /PRNewswire/ -- Binary Group, Inc. was awarded a subcontract under the Navy's Military Sealift Command's (MSC) Ashore Program by the prime contractor, Science Applications International Corporation (SAIC). This indefinite-delivery/indefinite-quantity subcontract establishes a six-year period of performance and enables SAIC to purchase services through the execution of task orders. The MSC Ashore Program provides overall Information Technology (IT) Engineering and Ashore Operation Support Services to the Command, Control, Communications and Computer Systems Directorate (N6 - C4S) who is responsible for maintaining the worldwide communications and information system requirements of the MSC. As part of SAIC's team, Binary Architects will guide the Technical Architecture and capture the major technologies and the related approved standards needed to support MSC's operational environment. They will provide IT project teams within MSC with standards reference materials and standards specification guidelines and will work with them to develop and apply technological standards. The Technical Architecture is being developed in part to resolve issues associated with standing up new applications, to support the adaptations of COTS and GOTS packages, and to improve the integration and adaptability of new IT systems. At maturity, the MSC Technical Architecture will provide a central and cohesive framework that guides the purchase, deployment and management of IT across MSC and will ultimately assist in making sound, OMB- compliant, IT investment decisions. "We are happy to be a part of SAIC's winning team. This award offers us the opportunity to strengthen our foothold within the Navy, allows us to build on the work we have already started; moreover, it enables us to continue leveraging the expertise we have been providing at the top echelons within the Army," said Rose Wang, Binary chief executive officer. Binary is currently providing strategic enterprise planning and management services at the enterprise-level within the Army's Program Executive Office Enterprise Information Systems (PEO EIS) and Chief Information Officer (CIO/G6) directorates -- overseeing the delivery of architecture, providing complete management of the technical lifecycle in constituent projects, and the delivery of high quality supporting design documentation. About Binary Group Headquartered in Bethesda, Md., Binary Group Inc. serves mission-driven leaders with enterprise-level responsibility in information technology by providing best value, strategic IT program support services that are free of organizational conflict of interest (OCI). Binary delivers strategy, architecture, governance, engineering design, and related management and planning to federal government customers including U.S. Army, U.S. Navy, Defense Dept.'s Office of the CIO and Defense Information Systems Agency (DISA). Binary is a 2006 Inc. 500 recipient and two-time recipient of the Washington Technology Fast 50 award. From saic at vision.moundalexis.com Sat Nov 18 04:34:00 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Fri, 17 Nov 2006 23:34:00 -0500 (EST) Subject: [saic] SAIC Receives $34.8M Contract Message-ID: <20061117233352.X26528-100000@vision.moundalexis.com> 17 November 2006 ; Business Week SAIC Receives $34.8M Contract http://www.businessweek.com/ap/financialnews/D8LF4EEO1.htm --- WASHINGTON -- The Navy said Friday that it awarded Science Application International Corporation (SAIC) a $34.9 million contract to provide technical support for submarine and satellite communications. The three-year contract includes two one-year options that, if exercised, would bring the value of the contract to $59.5 million. The work will be performed in San Diego and is expected to be completed by November 2009. Shares of SAIC dropped 31 cents to close at $19.77 on the New York Stock Exchange. From saic at vision.moundalexis.com Sun Nov 19 14:05:39 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Sun, 19 Nov 2006 09:05:39 -0500 (EST) Subject: [saic] SAIC Gets $55M Navy Pact Message-ID: <20061119090532.H26528-100000@vision.moundalexis.com> 19 November 2006 ; Houston Chronicle SAIC Gets $55M Navy Pact http://www.chron.com/disp/story.mpl/ap/fn/4343699.html --- WASHINGTON -- The U.S. Navy said Friday it awarded a contract worth nearly $55.4 million contract to Science Applications International Corp. The pact, granted to San Diego, Calif.-based SAIC, is for a base year with two contract option periods and four award terms, which if used could raise the value of the contract to be worth $422.9 million. It will provide funds for Enterprise Command and Control Advance Technology Services for naval carriers. Work will be completed in Washington, D.C., Charlestown, S.C. and Norfolk/Tidewater Area, Va. by November 2007. Shares of SAIC gained 31 cents to close at $19.77 on the New York Stock Exchange. From saic at vision.moundalexis.com Mon Nov 20 12:23:15 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Mon, 20 Nov 2006 07:23:15 -0500 (EST) Subject: [saic] Not Quite a Prototype, but Something to Play With Message-ID: <20061120072257.R26528-100000@vision.moundalexis.com> 20 November 2006 ; Washington Post Not Quite a Prototype, but Something to Play With http://www.washingtonpost.com/wp-dyn/content/article/2006/11/19/AR2006111900743.html --- By Kim Hart Page D02 Sleek tanks survey enemy terrain and soldiers fire sophisticated missiles while unmanned vehicles roam the desert on night missions. Elaborate graphics depict futuristic combat zones you'd expect to see only on high-powered gaming systems. But this video game is real, purporting to show what the U.S. Army will look like in less than a decade. Science Applications International Corp., a government contractor with 16,000 employees in the Washington area, developed the game as a training tool to demonstrate the networked battle programs that are part of the Future Combat Systems, the Army's $100 billion modernization project. San Diego-based SAIC, partnered with Boeing Co., is the lead integrator for the job. SAIC has given away nearly 25,000 copies of the game, Future Force Company Commander, and it has been downloaded more than 13,000 times from the Army's Web site, where it's been available since March. Dubbed F2C2, it has garnered a bit of ink on popular gaming blogs and message boards. "It's mostly a scalable real-time map exercise, but at any time you can activate a unit's cameras to see what they see," one gamer posted on Battlefront.com, a forum for combat game users. "I was scouting with my UAV [unmanned aerial vehicle] and could switch between several thermal and optical modes, set waypoints, conduct my own recons and calls for fire, etc. It was pretty neat. Surprisingly detailed yet easy to use." The game lets players take control of a Mounted Company Team in the year 2015 -- a year after the first "modernized" brigade combat team is expected to go into action in FCS -- to show how the upgrades will give today's soldiers an edge in battle. SAIC spent $1.5 million building the game over 11 months. "As a geek and developer, I think this is pretty darn cool," Greg Duncan wrote on his blog, http://coolthingoftheday.blogspot.com. "As a taxpayer, I'm not so sure. I think I'd rather the money go toward actually buying the FCS (or training and equipping our troops, etc)." Chris Hulick, who oversaw the game's development for SAIC, said its main purpose is to show young soldiers how the modernized equipment and network system will work. "These are young soldiers who will be the actual commanders once this is fielded," he said. The game "is meant to give them an idea of what it's going to be like and how it's going to affect their career." It has not been used as a recruiting tool, he said. The Future Combat Systems project, one of the company's largest contracts, is in the fourth year of development. The project aims to link communications and networking systems with soldiers, platforms, weapons and sensors. FCS includes 18 weapons systems, including manned ground vehicles, sentry carriers and air vehicles, most of which are scheduled to be delivered by 2025. Some technologies will begin to be used in the next eight years. Download the game at http://www.army.mil/fcs/f2c2. From saic at vision.moundalexis.com Mon Nov 20 12:32:02 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Mon, 20 Nov 2006 07:32:02 -0500 (EST) Subject: [saic] IT Burns Through The Fog Of War Message-ID: <20061120072613.V26528-100000@vision.moundalexis.com> 20 November 2006 ; Information Week IT Burns Through The Fog Of War http://www.informationweek.com/hardware/showArticle.jhtml?articleID=194400712 --- The Army is developing a network of systems to increase military intelligence and decrease the need for personnel--but its future isn't entirely clear By J. Nicholas Hoover "We've got eyes on, the enemy does not know squat," the officer tells his subordinates as he draws up battle plans on a hardened handheld touch screen in this video demo of the Army's forthcoming Future Combat Systems. Meanwhile, soldiers in a tank survey the scene via a heads-up virtual battlefield touch screen display. FCS is a networked system of systems--including software and hardware for soldiers, commanders, equipment, and vehicles--that will increase the military's on-the-ground intelligence and mobility and decrease the need for personnel. Every foot soldier is connected to a secure, wireless high-speed network and can see a computerized environment on a drop-down eyepiece built into the helmet. Smart sensors, RFID chips, and unmanned vehicles provide the data the system needs to identify and label allies in blue with information such as name and rank; enemies show in red. Materials and munitions are automatically delivered when sensors send alerts over the high-speed network. A variety of interoperating back-end applications keep everything coordinated. And when the going gets tough, armed robots can be deployed to provide cover fire and deliver equipment, The Army estimates it will need $161 billion to turn this vision into reality. The program, an early version of which was started in the 1990s, is picking up speed, with a 7,619-square-mile test range opening last month in the New Mexico desert. But questions remain about whether it ever will be reality. The Government Accountability Office has released numerous reports criticizing the project's feasibility and costs. Information security, interoperability of systems, logistics, and cost overruns all have been raised as issues. To underscore the challenges, the Congressional Budget Office published a report in August--which the Army disputes--that analyzed the program's feasibility and affordability, concluding that pieces of it should be cut to help it meet deadlines and cut costs. FASTER, STRONGER, DEADLIER FCS aims to make military units faster, stronger, deadlier, and more sustainable by tracking everything that can be tracked, analyzing the data backward and forward, and interspersing it with other types of mapping and intelligence data. "If I can say where I am, where my enemy is, and where my buddy is, I can fundamentally change the tempo of the battle," says Daniel Zanini, the FCS deputy program director and a senior VP at SAIC, one of the project's lead integrators along with Boeing. "Every soldier is a node on the network, ... sharing data, passing it to separate systems in the network." The effort includes 18 new types of manned and unmanned vehicles and weapons systems, a stable and secure wireless network, and a host of applications designed to give commanders and fighting men alike deep insight into what's happening on the battlefield and more control over how the battles are fought. "Forces without the FCS would not have the situational awareness and joint interoperability so critical to effectiveness on today's battlefield," Claude M. Bolton Jr., assistant secretary of the Army for acquisition, logistics, and technology, told the House Armed Services Committee in March. NETWORK IN THE MIDDLE One of the military's primary goals is to move to a network-centric warfare model, and that's the most critical part of FCS. "The network is what ties all this together," SAIC's Zanini says. A $25 billion project called Joint Tactical Radio Systems and another effort called Warfighter Information Network-Tactical, both of which are separate from FCS, will bring all the disparate battlefield information to and from soldiers and equipment. There are four main elements to the networked applications in FCS: a common operating environment based on the Linux operating system that includes embedded training capabilities; battle command software--with interfaces reminiscent of the game of Risk--to help plan, command, and execute missions; mobile communications and network management software; and an array of sensor-enabled applications like virtual maps to provide soldiers with real-time intelligence about themselves and the enemy. The sensors, on everything from soldiers to tanks to the ground itself, will be enabled by radio frequency identification tags and other technology that can carry information and sense the environment around it. Various vendors are involved in this part of the program, including Textron Systems, which is providing some of the sensors; General Dynamics, providing sensor data management; and Lockheed Martin, as an integrator for some of the sensor technology. FCS eventually will include all branches of the military. The project is so dependent on partnering between the Army and its many vendors that the development motto for it is "One Team--The Army/Defense/Industry." It's a huge project, with 11 tier-one vendors and at least 100 others. The challenges are many. "It's ambitious," says Kenneth Krieg, undersecretary of defense for acquisition, technology, and logistics. "It's a big measure with a big cycle time. Will it work? Are you going to have the dollars to deliver? There's a lot of challenges." Congress and the military have defined deadlines and requirements to keep FCS on schedule and near budget. By 2008, the Army plans to spin out some of the first FCS technology and to continue to do so every other year. By 2014, the first next-generation, fully FCS-capable brigade of 3,000 soldiers will be in action. And by 2025, the military hopes to have 15 combat brigades ready. One of the big challenges is cost, which at $161 billion is running way above the Army's $92 billion estimate as recently as three years ago. Congress has trimmed chunks of the budget along the way. This year, legislators cut more than 10%, or $320 million, from the 2007 budget request. "The numbers just don't add up," Rep. Curt Weldon, R-Pa., said in March. "Soldiers on the battlefield deserve the best available technology as soon as possible. But what good is the technology if at the end of the day that the department has spent so much of the budget on R&D, there is little left for procurement?" [ Image : http://i.cmpnet.com/informationweek/1115/115TPpaot.jpg ] Caption: An unmanned robot on the prowl for data BUILD AND TEST MODE There is progress, however. "We're truly in the build and test mode now," SAIC's Zanini says. Two significant tests this year showed that core FCS apps already interoperate, as do some of the networking technologies. In August, the Army started to organize the 3,000-man Evaluation Brigade Combat Team at Fort Bliss, Texas, which will carry out most of the FCS testing and become the first FCS field-ready unit. The Fort Bliss team will test and train with systems at the New Mexico test range, starting with prototypes of next-generation radios, the latest version of the common operating system environment and technology that integrates maps and battlefield intelligence. Whether the technology can be rolled out in time is a key question. And the GAO has wondered whether the networking technologies required are ready for deployment. It also has questioned whether procurement and deployment strategies for all these technologies are adequate. As it is, the development cycle for the 34 million lines of code needed has been extended more than eight years from initial projections, and the Congressional Budget Office reports defense analysts have questioned whether FCS is presently on schedule. Even if everything works properly in the end, the biggest question may be whether a future military, like that entrenched in guerrilla battles with enemies in Iraq and Afghanistan today, could make proper use of information at its fingertips. "Technology is useful in unconventional warfare," Maj. Gen. Robert Scales testified before the House Armed Services Committee three years ago, but "buried in an avalanche of information, commanders still confront the problem of trying to understand the enemy's intention and his will to fight." Computers, high-speed networks, and smart sensors may not be up to that task. From saic at vision.moundalexis.com Mon Nov 20 21:24:00 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Mon, 20 Nov 2006 16:24:00 -0500 (EST) Subject: [saic] Senators to FBI: Get a VCF refund Message-ID: <20061120162351.W26528-100000@vision.moundalexis.com> 20 November 2006 ; Government Computer News Senators to FBI: Get a VCF refund http://www.gcn.com/print/25_33/42606-1.html --- Proposal would pit bureau against SAIC over failure By Wilson P. Dizard III GCN Staff The Senate's draft of the appropriations bill for the Justice Department and the FBI would order the bureau to use "all means necessary" to try to recover funds from the vendor of its failed Virtual Case File project. In an unusual action, according to several sources, the draft legislation--known as HR 5672, the Departments of Commerce and Justice, Science and Related Agencies appropriations bill--directs the bureau to retrieve as much as $104 million from the defaulted VCF contract. The FBI hired Science Applications International Corp. of San Diego in 2001 to build VCF, which was intended to create an investigative case management system. The FBI pulled the plug in 2005 after realizing the system would not work. A key sentence in the Senate report language for HR 5672 reads: "In addition, the Committee expects the FBI to use all means necessary, including legal action, to recover all erroneous charges from the VCF contractor ..." The Senate's reference to "the VCF contractor" especially singles out SAIC. The FBI and SAIC both declined to comment on the legislation and related VCF matters. If the FBI could recover funds, the bill would direct the bureau to use the money it would potentially recover from the VCF contractors on its current case management project, known as Sentinel. The House version of the bill does not include a similar provision--meaning if the full Senate passes the bill with the language intact, it still could be stripped out during the conference committee session between the two bodies. If the FBI were to try to take legal action to recover the VCF funds, it would be stepping into a legal and political minefield, sources close to the project said. For one thing, even after the FBI had decided to scuttle the investigative case management system, SAIC recommended that the bureau should deploy VCF and made detailed technical proposals on how it could be salvaged. Another critical problem is that the bureau has accepted some responsibility for the demise of the VCF project [GCN.com, Quickfind 714]. Sources close to the project said that some of the senior officials in place during the VCF fiasco--including director Robert Mueller--still hold powerful jobs in the bureau, and their reputations could suffer if a public lawsuit or civil trial unveiled the details of their roles. The Senate Appropriations Committee itself acknowledged the bureau's role in bungling VCF, in report language attached to HR 5672: "The Committee understands that the FBI shares much of the burden for past IT failures." One federal official involved in the VCF incident noted that federal contract law requires an agency that has cancelled a project because of contractor default to attempt to recover the funds from the contractor. "The FBI did not carry out that obligation because it never punishes its own," the official said. "The real issue is why didn't they [seek to get the money back from SAIC]," the official said. "The world's greatest investigative body slowed this down. The answer is culpability of the FBI officials who are still there. Mueller says he takes the responsibility. I still think there is accountability and culpability." A prominent federal procurement law attorney noted, "In general, when it terminates for default, the government has the same rights as a private party would in the event of a breach of contract [to recover misused funds]. "However, what the government usually does is to assess .excess reprocurement costs,' " the attorney said. "In other words, it buys the same thing from someone else, and if it costs more, it charges the difference to the defaulted contractor." The procurement attorney cautioned that he had not studied the specific details of the FBI's pact with SAIC, so he could not comment on how the general principles of federal contract law would apply to that specific matter. The FBI and SAIC both declined to comment on the legislation and related VCF matters. Legislative analysts said the VCF fund recovery language was inserted at the behest of Sen. Judd Gregg (R-N.H.), who is the second most senior Republican member of the Appropriations Subcommittee on Commerce, Justice and Science. Gregg's office did not respond to a detailed inquiry on the matter. The full name of HR 5672 is the Departments of Commerce and Justice, Science and Related Agencies Appropriations Bill, [fiscal] 2007. In addition to requiring the FBI to get back the money it paid to SAIC, the bill imposed other restrictions on the bureau that reflected the committee's skepticism that the agency is capable of managing large software projects. From saic at vision.moundalexis.com Wed Nov 22 22:11:08 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Wed, 22 Nov 2006 17:11:08 -0500 (EST) Subject: [saic] Underwriters Do No Justice to SAIC on New Coverage Message-ID: <20061122171100.Q26528-100000@vision.moundalexis.com> 22 November 2006 ; 24/7 Wall Street (Blog) Underwriters Do No Justice to SAIC on New Coverage http://www.247wallst.com/2006/11/underwriters_do.html --- by Jon C. Ogg SAIC (SAI-NYSE) has actually been a good IPO, but the analysts and brokerage firms that initiated coverage just marched SAIC back behind the building and gunned it down. The joint book-runners for the IPO were Morgan Stanley and Bear Stearns, and they didn't do the company any favors. Morgan Stanley gave its opening coverage as an Equal Weight rating and Bear Stearns started covereage with a Peer Perform rating. Rating coverage like that only helps if it is an upgrade from a Strong Sell or if the stock has been in freefall, but not for an IPO. The extensive list of co-managers also started SAIC with a blah coverage universe: Citigroup started as Hold with $20 target; Banc of America started as Neutral with a $20 target; Cowen & Co started as Neutral; Jefferies started as Hold and $20 target; Stifel Nicolaus started as Hold; Wachovia is stilll unknown as far as their coverage initiation. We also saw coverage outside of the underwriting syndicate, although they are not bound by the 30 day waiting period before initiating coverage. KeyBanc Capital/McDonald started coverage as Hold; Susquehanna Financial started coverage as a Neutral. Taking the opposite stance of analysts can be very rewarding, but this is a mixed message. Usually investors into hot IPO issues liek to see at least some coverage initiated with a positive tone. If they are all Hold and Market Perform, and Equal Weight ratings out of the chute, it does at least leave more room for upside to ratings revisions later. The problem is that they just all set the tone and the few seen price targets are actually under the highest prices where SAI has already traded. The company priced its IPO of 75 million shares at $15.00 per share, but it closed at $17.97 on its opening day. It traded up to $20.00+ within two weeks and has since had intra-day highs of $21.10. The SAI stock closed at $19.26 yesterday and shares are down 1.25% at $19.03 after the open today. You can always be like Dr. Pangloss and think that this means there only can be upside from here, but the street usually gets more excited about recent IPO's coming off the quiet period (for analysts) when at least some coverage out there is positive. In this case, not even the independent firms that were outside of the syndicate gave it that positive coverage. From saic at vision.moundalexis.com Wed Nov 22 22:12:06 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Wed, 22 Nov 2006 17:12:06 -0500 (EST) Subject: [saic] SAIC initiated with "hold" Message-ID: <20061122171200.L26528-100000@vision.moundalexis.com> 22 November 2006 ; Newratings.com SAIC initiated with "hold" http://www.newratings.com/analyst_news/article_1428014.html --- NEW YORK, November 22 (newratings.com) - Analysts at Stifel Nicolaus & Company initiate coverage of SAIC Inc (ticker: SAIA) with a "hold" rating. In a research note published this morning, the analysts mention that the company's share price has appreciated by 28% since the IPO and already reflects the company's positioning as a leader in the federal IT and professional services market. SAIC is expected to generate organic revenue growth of 4.5% in FY08, as compared to 2%-3% during last year, backed by benefits from the on-time Defense and DHS bills. From saic at vision.moundalexis.com Thu Nov 23 15:13:55 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Thu, 23 Nov 2006 10:13:55 -0500 (EST) Subject: [saic] SAIC says South African court rules in favor of former unit Message-ID: <20061123101347.R26528-100000@vision.moundalexis.com> 23 November 2006 ; Reuters SAIC says South African court rules in favor of former unit http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&storyID=2006-11-22T231142Z_01_WNAS4198_RTRIDST_0_TECH-SAIC-URGENT.XML&rpc=66 --- (Reuters) - Government contractor Science Applications International Corp. (SAI) said the South African Supreme Court reinstated an international arbitration award in favor of a former unit of the company. In September 2002, in a breach of contract dispute with Telkom South Africa, the International Chamber of Commerce's International Court of Arbitration had ruled in favor of Science Applications' then unit Telcordia Technologies Inc. Telkom South Africa had challenged the validity of the arbitration award in the South African courts. Science Applications had retained the legal and financial responsibility on the case when Telcordia was sold in 2005. (Reporting by Deepti Chaudhary in Bangalore) From saic at vision.moundalexis.com Mon Nov 27 22:25:35 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Mon, 27 Nov 2006 17:25:35 -0500 (EST) Subject: [saic] William Blair & Company Initiates Coverage of SAIC, Inc. With Market Perform Rating Message-ID: <20061127172512.B2973-100000@vision.moundalexis.com> 27 November 2006 ; Business Wire William Blair & Company Initiates Coverage of SAIC, Inc. With Market Perform Rating http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20061127005610&newsLang=en --- CHICAGO -- William Blair & Company initiated research coverage of SAIC, Inc. (NYSE: SAI) ($19.17), the largest company dedicated to federal services, with a Market Perform rating and company profile of Core Growth. Analyst Laura Lederman estimated that the company would generate GAAP EPS of $0.97 in fiscal 2007 and $0.84 in fiscal 2008. "SAIC, with its emphasis on higher-growth areas of government science, engineering, intelligence analysis, mission-execution, and IT services, should be able to outgrow government budgets, in our estimation," Lederman said. "Although government spending is expected to be flat on an inflation-adjusted basis over the next several years, certain segments are expanding faster as a result of a heightened focus on national defense and the continued global war on terrorism; these are the areas SAIC is targeting." "In addition, government labor shortages and outdated IT infrastructures are driving the government to outsource functions, which should lead to faster growth in outsourced services (3%-5%) than defense spending," she added. "We project SAIC's revenue will advance about 4% organically and several points higher with acquisitions over the next five years." William Blair & Company, L.L.C. has received compensation for investment banking services from the company within the past 12 months, or expects to receive or intends to seek compensation for investment banking services in the next 3 months. William Blair & Company, L.L.C. was a manager or co-manager of a public offering of equity securities within the prior 12 months. William Blair & Company, L.L.C. (www.williamblair.com) is a Chicago-based investment firm offering investment banking, asset management, equity research, institutional and private brokerage, and private capital to individual, institutional, and issuing clients. Since 1935, we have been committed to helping clients achieve their financial objectives. As an independent, employee-owned firm, our philosophy is to serve our clients' interests first and foremost. We place a high value on the enduring nature of our client relationships, the quality of our products and services, and the continuity and integrity of our people. For important disclosures and information regarding the firm's rating system, valuation methods and potential conflicts of interest, please visit: http://www.williamblair.com/Pages/news_story_dept.asp?uid=1120&depID=4 From saic at vision.moundalexis.com Tue Nov 28 03:02:58 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Mon, 27 Nov 2006 22:02:58 -0500 (EST) Subject: [saic] Army Game Proves U.S. Can't Lose Message-ID: <20061127220133.F2973-100000@vision.moundalexis.com> 27 November 2006 ; Wired News Army Game Proves U.S. Can't Lose http://www.wired.com/news/technology/0,72156-0.html --- By Marty Graham A new video game commissioned by the U.S. Army as a recruiting tool portrays the nation's military in 2015 as an invulnerable high-tech machine. The new PC title, Future Force Company Commander, or F2C2 [1], is a nifty God-game that puts players in the driver's seat of 18 systems at the heart of the military's new net-centric warfare approach. The Army added the game to its recruiting tool kit last month as a high-tech follow-up to its successful America's Army shooter. It's an impressive game, simulating weaponry the military is actually using or building, gamers say. But the gameplay is designed so it's hard to lose: The equipment holds up awfully well and the enemy doesn't learn from experience. "They didn't ask for hole punchers," says Mark Long, co-CEO of Zombie, where the game was built under contract. "High tech has all kinds of low-tech vulnerabilities and they didn't want the vulnerabilities programmed in." Defense contractor Science Applications International commissioned the game for $1.5 million. So far, more than 24,000 copies have been handed out on disk or downloaded from the websites of the Army and game builder Zombie. Missions include planning and executing a night raid on a populated area, and protecting a border and an airstrip in a notional country having problems with its notional neighbor. The game provides terrain maps and data about the strength of the equipment. Gamers on Battlefront.com give the title good reviews, but complain about the game being paid for with their taxes and offering an overly optimistic view of America's tactical superiority over fictitious enemies. Susan Nash, an e-learning expert and associate dean at Excelsior College in Albany, New York, has played F2C2 and the Army's first recruiting game. She gives both high marks for fun and for the learning experience. But she agrees with Long that the new game presents an artificially rosy view of warfare. "It's a great game and a really good training tool that creates conditions for learning, teaches strategic thinking and tactical thinking, and it's got really cool weapons," Nash says. "But ethical issues loom." For example, there's no consideration that military power or technology could fail or be jammed, she says. And the enemy doesn't learn, in contrast to a certain real-life conflict where the hallmark of insurgents is their ability to rapidly gain knowledge and evolve. "All their use of technology is so off-label, so future-forward," Nash says. "And you've got to figure the enemy is playing the game too." Long wanted to see the enemy evolve, based on his own experience in the Army and defense contracting. "The first time a UGV [2] toddles in for reconnaissance, insurgents will stare at it until the air strike follows," he says. "The second time, they'll throw a blanket over it and run. The third time, they'll immobilize it and plant an IED [3] because they'll have figured out someone has to recover that million-dollar piece of equipment." More than anything else, Nash is bothered by the fantasy the potential recruits may have that they'll end up the commander riding a joystick rather than understanding what military life means. "You don't see the day-to-day boredom, you don't see broken legs and equipment failure," she says. "You don't see that the military is mostly grunts and only the grunts on the ground die." --- [1] http://www.zombie.com/f2c2.htm [2] http://en.wikipedia.org/wiki/Unmanned_ground_vehicle [3] http://en.wikipedia.org/wiki/Improvised_explosive_device From saic at vision.moundalexis.com Wed Nov 29 03:06:09 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Tue, 28 Nov 2006 22:06:09 -0500 (EST) Subject: [saic] SAIC Gets $95M NATO Missile Defense Pact Message-ID: <20061128220603.J2973-100000@vision.moundalexis.com> 28 November 2006 ; Houston Chronicle SAIC Gets $95M NATO Missile Defense Pact http://www.chron.com/disp/story.mpl/ap/fn/4365472.html --- SAN DIEGO -- Defense contractor Science Applications International Corp. on Tuesday said it signed a $95 million contract to support the integration of a ballistic missile defense system for the North Atlantic Treaty Organization. NATO is connecting existing and planned national weapon systems, sensors, battle management, command, control and communications into an integrated defense of military forces and critical assets. The SAIC-led team will develop and verify proposed architectures. Waltham, Mass.-based Raytheon Co. is one of the team members. Shares of SAIC closed unchanged at $18.90, while Raytheon added 44 cents to end at $50.80, both on the New York Stock Exchange. From saic at vision.moundalexis.com Wed Nov 29 23:22:00 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Wed, 29 Nov 2006 18:22:00 -0500 (EST) Subject: [saic] SAIC-led team wins $95M NATO contract Message-ID: <20061129182154.R2973-100000@vision.moundalexis.com> 29 November 2006 ; Washington Business Journal SAIC-led team wins $95M NATO contract http://washington.bizjournals.com/washington/stories/2006/11/27/daily30.html --- A team of contractors led by SAIC has received a $95 million contract to support the integration of a ballistic missile defense system for the North Atlantic Treaty Organization. The contract is for six years, according to SAIC, an engineering and research company that is based in San Diego and has thousands of workers across numerous offices in the Washington area. Assisting SAIC (NYSE: SAI) on the NATO work are Datamat, Diehl BGT Defence GmbH & Co., EADS Astrium, Industrieanlagen-Betriebsgesellschaft, QinetiQ, Raytheon (NYSE: RTN), Thales and the Netherlands Organisation for Applied Scientific Research. SAIC and its partners will provide support for NATO's Active Layered Theater Ballistic Missile Defense capability. NATO is working to tie existing and planned national weapon systems, sensors, battle management, command, control and communications capabilities into an integrated system for the protection of alliance military forces and critical assets. From saic at vision.moundalexis.com Thu Nov 30 23:17:30 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Thu, 30 Nov 2006 18:17:30 -0500 (EST) Subject: [saic] Virus/chemo drugs are good duo Message-ID: <20061130181723.W2973-100000@vision.moundalexis.com> 30 November 2006 ; United Press International Virus/chemo drugs are good duo http://www.upi.com/HealthBusiness/view.php?StoryID=20061120-054041-4505r --- FREDERICK, Md. (UPI) -- Combining an anticancer, non-disease causing virus with chemotherapy drugs increases the effectiveness of both, say U.S. researchers. Scientists at SAIC-Frederick, a contractor of the National Cancer Institute, combined Respiratory Enteric Orphan virus (reovirus) with cisplatin, gemcitabine, mitomycin, vinblastine, and paclitaxel and tested the combinations against six different chemotherapy-sensitive, non-small cell lung cancer cell lines. The blended regimens worked better in all the cultures than either modality alone; especially reovirus and paclitaxel, which was extremely effective in all six lines, including those with high-level resistance to paclitaxel or reovirus. The team said that about 85 percent of lung cancers are non-small cell type, and lung cancer kills more people worldwide than colon, breast, and prostate cancer together. The researchers used a preparation of reovirus called Reolysin, made by Oncolytics Biotech, that replicates in and kills tumors with uncontrollable growth signals caused by activated Ras genetic pathways in the cell. Reolysin is being used in phase 1/2 human clinical trials in both the United States and the United Kingdom, and has recently been approved for a phase 3 trial in the U.K. for advanced or metastatic cancers. The preparation appears to be well tolerated and antitumor effects have been reported in all trials to date, the researchers said. A report on the research was presented Monday today at the EORTC-NCI-AACR symposium on Molecular Targets and Cancer Therapeutics in Prague, Czechoslovakia. From saic at vision.moundalexis.com Thu Nov 30 23:18:53 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Thu, 30 Nov 2006 18:18:53 -0500 (EST) Subject: [saic] Bank of America Positive on Federal IT Message-ID: <20061130181844.R2973-100000@vision.moundalexis.com> 30 November 2006 ; Houston Chronicle Bank of America Positive on Federal IT http://www.chron.com/disp/story.mpl/ap/fn/4369568.html --- WASHINGTON -- Bank of America on Thursday initiated coverage of the more than $100 billion federal information technology services sector with "Buy" ratings on three companies and "Neutral" ratings on three others. "We are positive on the long-term growth in the sector and are cautious of overexposure to (Defense Department) budgets," according to a note from Bank of America analyst Robert Dezego, who issued "Buy" ratings on SI International Inc., SRA International Inc., and CACI International Inc. SAIC Inc., ManTech International Corp. and MTC Technologies Inc. received "Neutral" ratings. "We overweight the federal IT services sector," Dezego wrote. "Steady federal budget growth, an increased reliance on contractors, an aging federal work force, civil infrastructure needs, and a focus on the war on terror and securing our nation are key drivers which we think point to solid long-term industry growth." Bank of America said it most values companies with diverse revenue, a wide variety of service offerings, a focus on growing areas of federal spending, and healthy growth. Risks include federal budget cuts, slower-than-expected organic revenue growth, increased margin pressures from employee turnover, and pricing pressures. Dezego said there are many pockets of growth within the $100 billion to $200 billion market opportunity, and noted that federal IT companies have grown organically at a group average of between 16 percent and 22 percent over 2003 to 2005 despite overall IT budget growth of less than 5 percent. Bank of America's target price for Reston, Va.-based SI International, which slid 5 cents to $34.10 in morning trading on the Nasdaq, is $42 per share. Fairfax, Va.-based SRA International, which rose 11 cents to $29.45 on the New York Stock Exchange, has a target price of $35. The $68 per-share target on Arlington, Va.-based CACI is above consensus estimates "that we believe do not fully capture CACI's leadership position, product breadth, M&A opportunities, and award growth potential," according to the note. Shares of CACI added 73 cents to $59.34 on the NYSE. On its Neutral ratings, SAIC's "current premium valuation balances slower growth and lower margins versus peers with SAIC's product breadth, strong management, scale, and long-standing federal agency relationships," Dezego wrote. San Diego-based SAIC, which slid 11 cents to $18.93 on the NYSE, is targeted at $20 per share. The company went public last month at $15 per share. Fairfax, Va.-based ManTech is a solid company with a healthy outlook, Bank of America said, but the bank is cautious of its Defense Department overexposure, as war costs pressure military IT spending. The analyst set a target of $36 on the stock and ManTech's shares slid 18 cents to $35.98 on the Nasdaq. MTC Technologies, which announced its win as a prime contractor on a multibillion dollar Army logistics pact on Thursday, also has high military exposure and an unclear strategic direction due to management turnover. Bank of America's target price is $23 and Dayton, Ohio-based MTC's shares gained $1.43, or 5.8 percent, to $26.20 in morning trading on the Nasdaq. From saic at vision.moundalexis.com Thu Nov 30 23:22:12 2006 From: saic at vision.moundalexis.com (Daily SAIC News) Date: Thu, 30 Nov 2006 18:22:12 -0500 (EST) Subject: [saic] Contracts for November 30, 2006 Message-ID: <20061130182204.G2973-100000@vision.moundalexis.com> 30 November 2006 ; United States Department of Defense Contracts for November 30, 2006 http://www.defenselink.mil/Contracts/Contract.aspx?ContractID=3391 --- No. 1212-06 FOR RELEASE AT November 30, 2006 Media Contact: (703) 697-5131/697-5132 Public/Industry(703) 428-0711 CONTRACTS NAVY [...] Science Applications International Corp., San Diego, Calif., is being awarded a $9,567,102 modification to a previously awarded cost-plus-fixed-fee contract (N00421-05-C-0026) to exercise an option for technical, engineering, and program services in support of the Tomahawk-All-Up-Round Missile Program for the U.S. Navy ($8,565,102; 95 percent) and the United Kingdom ($1,002,000; 5 percent). Work will be performed in Patuxent River, Md. (85 percent); Lexington Park, Md., (10 percent); and other locations within the United States (5 percent), and is expected to be completed in November 2007. Contract funds will not expire at the end of the current fiscal year. The Naval Air Warfare Center Aircraft Division, Patuxent River, Md., is the contracting activity. [...]