Anteon Awarded Three Navy Contracts

Monday, April 15, 2002
Anteon Corporation, a leading information technology and engineering solutions company, announced has been awarded three U.S. Navy contracts with a potential value of over $35 million if all options are exercised. Under this GSA contract, Anteon has been awarded a five-year (two-year base and three option years) blanket purchase agreement to support the Navy's Systems Acquisition Program Office. Anteon will provide engineering and management support in the areas of production, quality, planning, testing and evaluation, and acquisition pertaining to new construction, conversion, and system acquisition of the Aegis weapon and combat systems. The two-year base period is valued at $6.5 million with the entire contract having a potential value of $19 million if all options are exercised. Anteon also has been awarded a five-year (one-year base and four option years) task order to support the Navy's Seabased Midcourse Ballistic Missile Defense Program Office (formerly the Theater Wide Ballistic Missile Defense Program Office). Under this task order, Anteon will provide systems engineering, technical assistance and consulting services. The potential value of the task order, if all options are exercised, is $8 million. As a subcontractor to Tecnico Corp., Anteon has been contracted to provide engineering and technical support to the Naval Ships Support Office. Anteon will provide support to current and future Navy modernization efforts, alterations and improvement programs. This support will include the development of shipboard and shore-based modernization requirements and support for industrial plant procurement and installation. The value to Anteon if all options are exercised is estimated to be $8.5 million. Joseph M. Kampf, President and Chief Executive Officer of Anteon, said, "We have a long corporate history of supporting a wide range of U.S. Navy programs. We look forward to supporting the Navy's aquisition and modernization efforts under these and other Anteon contract efforts."

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