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SAIC Computer Deal May Grow to $115M

SAIC said Nov. 19 that it received a deal from the Naval Sea Systems Command valued at $115 million if all options are exercised.

Under the deal, the company will design and implement an ERP (enterprise resource planning) computer system for the Navy office that will replace several disparate systems. The new equipment will help facilitate and administrate financial transactions, human resources, manpower and training systems.

SAIC subsidiary Eagan, McAllister Associates will perform the work in a number of locations.

The deal has a one-year base period, a one-year option, and three one-year award-term options.

The company, also known as Science Applications International Corp., trades on the New York Stock Exchange under the symbol SAI.

, Brad Graves

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