SAIC Awarded Contract by Department of Defense
Company to Provide Manufacturing, Systems Engineering and Integration Support Services
MCLEAN, Va., Feb. 18, 2013 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the Department of Defense (DoD) to provide manufacturing, systems engineering and integration support services. The single-award, indefinite-delivery/indefinite-quantity (IDIQ) contract has a one-year base period of performance, four one-year options and a total contract value of $65 million, if all options are exercised. Work will be performed primarily in Columbia, Md.
Under the contract, SAIC will support DoD in module and systems engineering, design, and manufacturing, as well as software development and antenna analysis and design. SAIC has provided DoD with manufacturing, systems engineering and integration support services for more than decade, most recently as part of the Manufacturing and Engineering Support contract.
"We look forward to continuing to provide manufacturing and engineering support services to the Department of Defense," said John Thomas, SAIC senior vice president and group general 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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