Titan Receives $34.9 Million ID/IQ U.S. Navy Contract

4/30/2004 - The Titan Corporation (NYSE:TTN) announced that it has been awarded a four-year (one base year, plus three option years), $34,900,000 indefinite delivery, indefinite quantity (ID/IQ) contract to provide technical, engineering, and management services to the Naval Explosive Ordnance Disposal Technology Division, a field activity of the Naval Sea Systems Command headquartered at Indian Head, Maryland.

"Since 1991, Titan has proudly served as the technical support contactor to the Naval Explosive Ordnance Disposal Technology Division," said Gene Ray, Titan's president, chairman, and CEO. We are committed and pleased that we will be continuing to provide engineering and technical services in support of the division and its unique programs."

The mission of Naval Explosive Ordnance Disposal Technology Division is to exploit technology and intelligence to develop, deliver, and provide life-cycle support for explosive ordnance disposal (EOD) information, procedures, tools, and equipment to meet the needs of Joint Service EOD operating forces and other customers worldwide. Much of the required technical, engineering, and management expertise Titan will provide under the contract is highly specialized and unique to military organizations and the EOD community.

About 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 $2.0 billion.

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