SAIC Awarded Basic Ordering Agreement By U.S. Army
Company to Provide Enhanced Army Global Logistics Enterprise Support Services to the Army Sustainment Command
MCLEAN, Va., Oct. 31, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a basic ordering agreement (BOA) by the U.S. Army to provide Enhanced Army Global Logistics Enterprise (EAGLE) support services to the Army Sustainment Command (ASC). The multiple-award BOA has a five-year period of performance and a total contract value of approximately $23 billion for all awardees.
The ASC provides sustainment level logistics by synchronizing acquisition, logistics and technology support, from the strategic through the operational to the tactical level. Under the BOA, SAIC may submit task order proposals to provide EAGLE support services, including preparing forces for deployment, sustainment and redeployment in current conflicts, and reset forces and rebuild readiness for future deployments and contingencies in order to meet the demands of a persistent conflict in the 21st Century. SAIC is one of 96 companies currently eligible to compete for task orders under this BOA.
"We are excited to be a part of this new program, which establishes the Army Materiel Command's capability to support the Materiel Enterprise by providing for all aspects of the Army's multi-faceted supply, maintenance and transportation efforts," said Glenn San Giacomo, SAIC senior vice president and business unit general manager.
"This is a great opportunity to provide SAIC's extensive logistics expertise to the Army Sustainment Command in support of AMC's growing supply, maintenance and transportation efforts," added Barbara Doornink, SAIC senior vice president and operations manager.
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 40,000 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 approximately $10.6 billion for its fiscal year ended January 31, 2012. For more information, visit http://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, 2012, 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.
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