Anteon Awarded $9.8M Contract by U.S. Air Force to Implement Training Transformation Initiative; USAF Joint Military Exercise Pl
11 October 2005 - 9:30PM
Business Wire
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
Headquarters U.S. Air Force Joint Exercise and Training Innovation
Branch (HQ USAF/XOOTE) to provide technical and analytical support
to its modeling, simulation and training programs and initiatives,
including Joint Chief of Staff (CJCS) military exercises,
Distributed Mission Operations (DMO) and Training Transformation
(T2) initiatives. The estimated value of this contract, if all
options are exercised, is $9.8 million over a five-year period of
performance. "As the U.S. Air Force continues to transform its
training exercises, Anteon plays a major role with the U.S. Joint
Forces Command and supports all programs managed by XOOTE," stated
Dan Johnson, Anteon chief operating officer. "Our expertise with
military modeling, simulation and training, combined with our
in-depth understanding of Joint National Training Capability and
DMO puts Anteon in a prime position to support the DoD T2 Training
Transformation initiative for the Air Force." HQ USAF/XOOTE's
mission is to develop and oversee policy, programming, and
budgeting for the Joint and Combat Air Force (CAF) exercise
programs, Air Force Training Transformation, as well as Distributed
Mission Operations. HQ USAF/XOOTE is also the lead planner for Air
Force participation in CJCS-sponsored national-level exercises.
About Anteon Anteon, headquartered in Fairfax, Virginia, is a
leading information technology company serving the U.S. Federal
government and international customers. Anteon supports national
defense, intelligence, homeland security, and other high priority
government missions, providing 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
9,300 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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