BLUE BELL, Pa., Feb. 4,, 2016 /PRNewswire/ -- NASA Langley Research Center (LaRC) has awarded a contract to Unisys Corporation (NYSE: UIS) to provide software, hardware and systems integration services to support simulation and flight research projects.
Under the contract, Unisys will design, test, integrate, operate, maintain and modify systems supporting Langley's simulation and flight research mission. Unisys services also will support research topics including guidance and control, flight deck human factors, airspace operations, and unmanned aerial systems.
The contract, which includes a three-year base period followed by a two-year option, is worth $38.4 million if the option period is exercised.
Unisys will use vehicle simulation models with a combination of simulated and real hardware systems to create accurate replications of all aspects of flight to reduce the risks and cost associated with flight testing. Unisys can then take the research software and hardware systems to flight for validation.
Unisys has supported LaRC for nearly 40 years and has developed the standard software framework used in the center's flight simulators. The award-winning software, known as Langley Standard Real-Time Simulation in C++, has been credited for saving NASA an estimated $17 million over 10 years through reduced labor costs due to high levels of software reuse.
"Unisys has the understanding, expertise and capability to meet constantly changing requirements in a timely and cost efficient manner while also minimizing risks," said Casey Coleman, group vice president for civilian agencies at Unisys Federal. "This contract award will give us the opportunity to continue our work with NASA, supporting important research in aeronautics and space, including unmanned flight and other initiatives."
Unisys is a global information technology company that works with many of the world's largest companies and government organizations to solve their most pressing IT and business challenges. Unisys specializes in providing integrated, leading-edge solutions to clients in the government, financial services and commercial markets. With more than 20,000 employees serving clients around the world, Unisys offerings include cloud and infrastructure services, application services, security solutions, and high-end server technology. For more information, visit www.unisys.com.
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 concerning the total value of the contract are based on the assumption that the contract will continue for its full five-year potential term. That is not guaranteed, because options are exercisable at the discretion of the government and agreements with government agencies are terminable before the end of their terms and are subject to the availability of appropriated funds. Additional discussion of factors that could affect Unisys future results is contained in our periodic filings with the Securities and Exchange Commission.
RELEASE NO.: 0128/9388
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SOURCE Unisys Corporation