Anteon (NYSE:ANT)
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From Jun 2019 to Jun 2024
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. Air Force Installation and Logistics Division, Directorate of
Innovation and Transformation (AF/ILI) to provide support services and
software integration for U.S. Air Force weapon system life cycle
management solutions. The estimated value of this contract, if all
options are exercised, is $18.7 million over a 34 month period of
performance.
"Anteon's work on this contract award will help the U.S. Air Force
enhance their mission readiness and improve aircraft availability
rates. We have a strong legacy of supporting Air Force expeditionary
logistics requirements around the world," stated Dan Johnson, Anteon
chief operating officer. "Our experience providing trusted weapon
system life cycle management solutions throughout the USAF eLOG21
arena has positioned Anteon as a key partner in the transformation of
Air Force logistics in the 21st century."
The Anteon team will migrate data and develop, deploy and
integrate an improved product data management (PDM) configuration
management process for weapon systems product data. The Anteon team
will provide functional and technical support to the user communities
within the Air Force, expanding the database and user community by
incorporating data on additional weapon systems. Work will be
performed in Washington, D.C. and at Hill, Tinker, Warner Robbins, and
Wright Patterson Air Force Bases.
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.