Anteon (NYSE:ANT)
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From May 2019 to May 2024
Anteon International Corporation (NYSE:ANT), a leading
information technology and systems integration and engineering
services company, today announced that it has received a $27 million
award from the U.S. Naval Air Warfare Center to provide program
management support for the Naval Air Systems Command (NAVAIR) Program
Manager Aviation Training Systems (PMA205).
The contract includes on-site training program support at both the
Naval Air Station in Patuxent River, MD and the Marine Corps Air
Station in Cherry Point, NC. The estimated value, if all options are
exercised, is $27 million over four years.
"Anteon is providing IT support, including program management and
simulation and training services via live, virtual, and constructive
(LVC) integrated training, in support of the Navy's mission-critical
programs to ensure the readiness of our troops," stated Dan Johnson,
Anteon chief operating officer. "Anteon's partnership with NAVAIR is a
long-standing relationship we are very proud of. Our work with the
Navy to bring proven industry-leading expertise in aviation simulation
and training to support NAVAIR PMA205's mission is an integral a part
of Anteon's heritage of industry leadership."
Anteon provides program management and IT services for NAVAIR
PMA205's numerous training programs, supporting financial,
acquisition, configuration, production, and administration. These
include Air Combat Training Systems (ACTS), Armed Helo Training
Support, Navy Aviation Simulation Master Plan (NASMP), Aviation
Maintenance Training Continuum System (AMTCS), Avionics Modernization,
Multi-Mission Maritime Aircraft (MMA), and Organic Airborne Mine
Countermeasures (OAMCM) Training Support.
NAVAIR PMA205 delivers aviation training products and services to
the U.S. Navy. PMA205 produces aircrew trainers, mission rehearsal
programs, missile training, maintenance trainers and simulators,
threat database, environmental databases, courseware, computer-based
training, and naval training systems plans.
About Anteon
Anteon, headquartered in Fairfax, Virginia, is a leading systems
integrator, providing information technology and engineering solutions
to 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 also provides many of its
government clients with the systems analysis, integration, and program
management skills necessary to manage the development and operations
of their mission critical systems. The Company was founded in 1976 and
currently employs over 9,200 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.