Titan Lands $60 Million Navy Deal

Titan Corp. won a contract from the Navy's Space and Naval Warfare Systems Center for engineering, development, production and related technical support services for antenna components and related equipment.

The contract is worth up to $60.7 million over five years if all options are exercised.

"This award continues the momentum that Titan Systems has been experiencing in 2001," said Gene Ray, the company's chairman, president and chief executive officer. "We continue to bid on and win larger awards, which we believe is a result of our acquisition strategy for this business unit."

Titan, headquartered in San Diego, operates four core business units, three that develop and deploy communications and information technology solutions and services, especially in the government marketplace.

Its annual sales are approximately $1.1 billion. The company has 7,800 employees.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.