NASA’s Goddard Space Flight
Center (GSFC) has named The Titan Corporation the winner of the
2003 Goddard Contractor Excellence Award. This prestigious award recognizes
companies that have significantly contributed to the success of the Goddard
Center’s mission. “Titan has been a trusted partner providing NASA with
exceptional systems assurance and engineering services for over 20 years,”
said Gene Ray, Titan’s chairman, president and CEO. “This award reflects the
pride, dedication to quality, and day-to-day commitment of our employees in
supporting NASA Goddard.”
Presentation of the Goddard Contractor Excellence Award signifies
Goddard’s recognition that Titan has demonstrated excellence, continuous
improvement and outstanding technical and managerial achievement in quality
and performance. As a result of this award, Titan will now compete for the
2003 George M. Low Award, NASA’s premier quality and performance award. The
award is given to contractors who demonstrate appropriate achievement within
seven nomination factors: customer satisfaction and contract technical
performance, schedule performance, cost performance, management initiatives
responsive to GSFC’s strategic goals, leadership and continuous improvement,
innovative management and/or technology breakthroughs, and items of special
interest to GSFC. The latter category is mostly concerned with developing and
nurturing human capital.
Titan performs on four contracts with GSFC, all dealing with Independent
Verification and Validation (IV&V) services and operating under an ISO
certified Quality Management System (QMS). The QMS was cited by Goddard as a
key discriminator in Titan’s selection and was characterized by the site
evaluation team as “wonderful” and “the best quality system I’ve ever seen.”
Services provided by Titan under these contracts support a variety of programs
including the International Space Station, the Space Transportation System
(Shuttle), and the Earth Observing System Data and Information System.
Titan’s work is accomplished across the agency at development contractor
sites, seven NASA centers and the Jet Propulsion Laboratory.
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. The company has approximately 10,500 employees and current
annualized sales of approximately $1.5 billion.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act
of 1995: The statements contained in this release, which are not historical
facts, are forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Examples of such forward-looking statements include that Titan could win more
performance awards for its IV & I work with NASA. These statements are
subject to risks and uncertainties that could cause actual results to differ
materially from those set forth in or implied by forward-looking statements.
These risks and uncertainties include the risks associated with the Company’s
dependence on continued funding of U.S. Department of Defense and federal
civilian agency programs, contract termination risks, risks associated with
acquiring other companies, including integration risks, and other risks
described in the Company’s Securities and Exchange Commission filings.
Media Contact: Wil Williams, Vice President Corporate Communications
- (858) 552-9724 or wwilliams@titan.com
Investor Relations Contact: Laura Catalino, Vice President Investor Relations - (858) 552-9400 or invest@titan.com