Titan and Navy Sign Administrative Settlement AgreementAdministrative Settlement Agreement • March 3rd, 2005 • Titan Corp • Services-computer integrated systems design
SAN DIEGO — March 2, 2005 — Following up on The Titan Corporation (NYSE: TTN) March 1, 2005 announcement of Titan comments on Government investigation settlements, Titan confirmed today that it has reached an administrative settlement agreement with the U.S. Navy debarring official. This will allow Titan to continue to bid, receive and perform on United States government contracts.
ADMINISTRATIVE SETTLEMENT AGREEMENT BETWEEN THE TITAN CORPORATION AND THE DEPARTMENT OF THE NAVYAdministrative Settlement Agreement • March 3rd, 2005 • Titan Corp • Services-computer integrated systems design
This Administrative Settlement Agreement (“Agreement”) is entered into this 2nd day of March, 2005, between the Department of the Navy (“Navy”), on behalf of the Department of Defense, and The Titan Corporation (hereinafter “Titan”).
