Anteon Awarded $25.7M Contract by U.S. Navy

August 25, 2005

Anteon International Corporation announced that it has been awarded a contract by the U.S. Navy's Naval Sea Systems Command to support Mine Countermeasures (MCM) Class Ships homeported in Ingleside, Texas and forward deployed to Bahrain and Japan. The estimated value of this contract, if all options are exercised, is $25.7 million over a five-year period of performance. "This contract award represents another key element to Anteon's comprehensive support of the Navy's modernization effort. We continue to grow Anteon's mission support across the breadth of the U.S. Navy's ship repair and modernization programs," stated Dan Johnson, Anteon chief operating officer. "These Naval Sea Systems Command and MCM programs are critical for the Navy's success and its improved combat readiness around the world. We are in full support of the Navy's Sea Power 21 strategy, helping to increase the Navy's ability to surge its ships in combat ready condition." MCM class ships are designed to clear mines from vital waterways. Avenger (MCM 1) class ships are designed as mine hunter-killers capable of finding, classifying, and destroying moored and bottom mines, using sonar and video systems, cable cutters and mine-detonating devices that release and detonate via remote control. Under the contract, Anteon will perform execution planning, maintenance, repair, and alterations to MCM ships. Specifically, Anteon will provide general ship alterations, emergency alterations, ordinance alteration, alterations equivalent to repair, and emergent repairs for the MCM ships.

Anteon Awarded $25.7M Contract by U.S. Navy

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