NASA contract, worth an estimated $48.5 million, extends 35-year relationship supporting the Langley Research Center simulation and flight research missions
BLUE BELL, Pa., January 6, 2011 – NASA has awarded a contract to Unisys (NYSE: UIS) to provide application development and systems integration services to support the simulation and flight research projects at the NASA Langley Research Center (LaRC).
The Langley Simulation and Aircraft Technical Services contract, a cost-plus-fixed-fee award, has a three-year base period valued at approximately $28 million, with one two-year option, exercisable at the discretion of the government and valued at approximately $20.5 million. This award was made to Unisys following a competitive bid process and extends the company’s 35-year relationship with NASA.
Under the contract, Unisys will be responsible for software and hardware design, development and testing; as well as operations and maintenance of the center’s simulation infrastructure and research systems. Unisys also will provide a range of technical services supporting NASA’s software and hardware technology, creativity and innovation initiatives for flight simulation facilities and research aircraft systems.
During its longstanding, collaborative relationship with NASA, Unisys developed the standard software framework used in LaRC simulators. The software, known as Langley Standard Real-Time Simulation in C++, was recognized as the LaRC Software of the Year in 2005, and was credited for saving NASA an estimated $17 million over 10 years through reduced labor costs due to high levels of software reuse.
“We are honored to be awarded this contract and for the opportunity to continue our successful collaboration and longstanding relationship with NASA Langley Research Center,” said Ted Davies, president, Unisys Federal Systems. “We look forward to supporting the center’s mission of providing innovative research support to NASA and its stakeholders.”
Any statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. In particular, statements about the value of the contract assume that the contract will continue for its full term, and that the actual cost of performance will be approximately the same as the costs currently estimated. Further, because agreements with government agencies are terminable before the end of their terms and are subject to the availability of appropriated funds, there is no guarantee that the contract will continue for its full term. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.
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