Company to Provide Centralized Materiel Management and Distribution Services

MCLEAN, Va., May 10 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced that it has been awarded a prime contract by the U.S. Army to provide support services to the Army Sustainment Command (ASC) Distribution Management Center. The contract has a six-month base period of performance, four one-year options, and a total value of more than $128 million if all options are exercised.  Work will be performed primarily at the Rock Island Arsenal in Illinois and at other U.S. Army sites worldwide.  

A subordinate command of the Army Materiel Command, ASC serves as the Army's logistics integrator for contingency and sustainment support of American fighting forces worldwide. ASC provides sustainment level logistics by synchronizing acquisition, logistics and technology support from the strategic through the operational to the tactical level. Under the contract, SAIC will provide centralized materiel management control and distribution services to help ASC ensure  readiness and accelerate logistics support to commanders and troops in the field.

"SAIC is pleased to support ASC's important mission -- helping ensure that our soldiers have what they need, when and where they need it," said Glenn San Giacomo, SAIC senior vice president and business unit general manager.  

About SAIC

SAIC is a FORTUNE 500^® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health.  The company's approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets.  Headquartered in McLean, Va., SAIC had annual revenues of $10.8 billion for its fiscal year ended January 31, 2010.  For more information, visit www.saic.com.  SAIC:  From Science to Solutions^®

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2010, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

SOURCE SAIC

Back to top

RELATED LINKS
http://www.saic.com