Anteon Awarded $90M C4I Network Contract from U.S. Army Korea; C4I Network Systems Support for United States Forces Korea Joint
05 January 2006 - 11:30PM
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.
Army to provide C4I (command, control, communications, computers,
and intelligence) operations and maintenance support to United
States Forces Korea (USFK) Joint Command Information Systems
Activity (J64). The estimated value of this contract, if all
options are exercised, is $90 million over a five-year period of
performance. "With the award of this contract, Anteon will help the
U.S. Army provide and maintain leading edge C4I capability to
support combined U.S. and Republic of Korea operations within the
Korean Theater, in order to effectively deter North Korean
aggression and conduct operations as necessary," stated Dan
Johnson, Anteon chief operating officer. "Anteon is proud to apply
its C4I expertise in support of the operations and maintenance of
the Command and Control networks and the USFK J64 mission." The
USFK supports the United Nations Command and Republic of
Korea-United States Combined Forces Command (CFC) and functions as
the U.S. defense representative in Korea. The mission of U.S. Army
J64 is to engineer, install, operate, maintain and manage the CFC
and USFK Command and Control systems, networks and collaboration
tools used throughout the Korean Theater to provide timely
information and operational awareness. Anteon will provide support
for the command and control networks, under the cognizance of J64,
that enable the US Army with the capability to effectively command
and control approximately 687,000 combat ready troops on the Korean
peninsula via net-centric, high-speed connectivity among sites
supporting ROK and US military forces. 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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