SAN DIEGO, Calif., 16 February 2005. The Titan Corp. announced today that the U.S. Navy's Crane Division, Naval Surface Warfare Center, in Crane, Indiana has awarded the company a five-year $49.9 million Indefinite Delivery/Requirements contract for the installation of shipboard physical security equipment aboard Military Sealift Command and Navy ships.
"This all new award strengthens Titan's role as a premier national security solutions provider," said Gene Ray, Titan's chairman, president, and CEO. "Through this contract, Titan will be providing our military personnel much needed force protection to face the threats posed in hostile areas. These new security systems will improve each ship's ability to detect and deter intrusion while in U.S. and foreign ports."
Under this contract, Titan will provide services in the areas of logistics, installation, testing, and operator training for new Shipboard Physical Security and Shipboard Security Module systems onboard Navy, Military Sealift Command, and Coast Guard ships. This new multiple-award contract was competitively awarded to Titan.
Headquartered in San Diego, The Titan Corporation is a leading provider of comprehensive information and communications systems solutions and services to the Department of Defense, intelligence agencies, and other federal government customers. As a provider of national security solutions, the company has approximately 12,000 employees and annualized sales of approximately $2 billion. For more information see www.titan.com.
