Anteon Awarded $18.7M Contract from U.S. Air Force; Support for Weapon System Life Cycle Management and USAF Expeditionary Logis
19 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 U.S. Air
Force Installation and Logistics Division, Directorate of
Innovation and Transformation (AF/ILI) to provide support services
and software integration for U.S. Air Force weapon system life
cycle management solutions. The estimated value of this contract,
if all options are exercised, is $18.7 million over a 34 month
period of performance. "Anteon's work on this contract award will
help the U.S. Air Force enhance their mission readiness and improve
aircraft availability rates. We have a strong legacy of supporting
Air Force expeditionary logistics requirements around the world,"
stated Dan Johnson, Anteon chief operating officer. "Our experience
providing trusted weapon system life cycle management solutions
throughout the USAF eLOG21 arena has positioned Anteon as a key
partner in the transformation of Air Force logistics in the 21st
century." The Anteon team will migrate data and develop, deploy and
integrate an improved product data management (PDM) configuration
management process for weapon systems product data. The Anteon team
will provide functional and technical support to the user
communities within the Air Force, expanding the database and user
community by incorporating data on additional weapon systems. Work
will be performed in Washington, D.C. and at Hill, Tinker, Warner
Robbins, and Wright Patterson Air Force Bases. About Anteon Anteon,
headquartered in Fairfax, Virginia, is a leading information
technology company serving 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 provides numerous 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 9,500 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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