Anteon Awarded $99.65M TOPS III U.S. Air Force Contract; Anteon to Provide Technical Management Support for the Air Force Resear
15 July 2005 - 1:30AM
Business Wire
Anteon (NYSE:ANT), a leading federal systems integration company,
providing information technology and engineering solutions to the
U.S. government, was awarded the Technical Operations Program
Support III (TOPS III) contract by the U.S. Air Force Research
Laboratory, Materials and Manufacturing Directorate (AFRL/ML). The
estimated total value of this Indefinite Delivery Indefinite
Quantity contract, if all options are exercised, is $99.65 million
over six-years. Anteon will provide the AFRL/ML with technical
management services covering all stages of the development life
cycle from the research laboratory to systems deployment. These
services encompass a quick turnaround capability in acquiring
short-term external analyses, as well as technical assessments,
specialized testing, strategic studies, workshops and presentations
furthering basic and applied research. Anteon will also support
advanced development efforts in core areas of materials technology
including polymers, organic matrix composites and laser-hardened
materials. "In awarding this contract, the Air Force has recognized
the value of an experienced and proven management and technical
team able to transition technology from the lab through test and
evaluation, ultimately meeting today's military needs," said Dan
Johnson, chief operating officer of Anteon. "Our Dayton, Ohio-based
Weapons Systems Support team has provided significant technical
management expertise at Wright Patterson Air Force Base for more
than a decade and we look forward to serving as a primary support
contractor to the AFRL/ML for many years to come." Anteon supports
the AFRL/ML in several critically important areas. The company
provides technical management support to the Manufacturing
Technology Division (AFRL/MLM) on the MAnTEch Support (MATES)
contract. Under the Laser Materials Testing (LMT) and the Studies
for Lasers and Hardened Materials (SLaHM) contracts, Anteon
provides expert technical and test and evaluation support to the
Survivability and Sensor Materials Division (AFRL/MLP) and Hardened
Materials Branch (AFRL/MLPJ). Anteon also provides AFRL/ML with
advisory and administrative support through its MOBIS contract.
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.
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