Anteon (NYSE:ANT)
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From May 2019 to May 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. Army to provide C4I (command, control, communications, computers,
and intelligence) operations and maintenance support to United States
Forces Korea (USFK) Joint Command Information Systems Activity (J64).
The estimated value of this contract, if all options are exercised, is
$90 million over a five-year period of performance.
"With the award of this contract, Anteon will help the U.S. Army
provide and maintain leading edge C4I capability to support combined
U.S. and Republic of Korea operations within the Korean Theater, in
order to effectively deter North Korean aggression and conduct
operations as necessary," stated Dan Johnson, Anteon chief operating
officer. "Anteon is proud to apply its C4I expertise in support of the
operations and maintenance of the Command and Control networks and the
USFK J64 mission."
The USFK supports the United Nations Command and Republic of
Korea-United States Combined Forces Command (CFC) and functions as the
U.S. defense representative in Korea. The mission of U.S. Army J64 is
to engineer, install, operate, maintain and manage the CFC and USFK
Command and Control systems, networks and collaboration tools used
throughout the Korean Theater to provide timely information and
operational awareness.
Anteon will provide support for the command and control networks,
under the cognizance of J64, that enable the US Army with the
capability to effectively command and control approximately 687,000
combat ready troops on the Korean peninsula via net-centric,
high-speed connectivity among sites supporting ROK and US military
forces.
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.