MCLEAN, Va., Aug. 26, 2013 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced it was awarded a prime contract by the Department of Homeland Security (DHS) to provide tools and services to implement continuous monitoring through the Continuous Diagnostics and Mitigation (CDM), Tools and Continuous Monitoring as a Service (CMaaS) contract. The CDM program will strengthen the cybersecurity posture of the Federal civilian ".gov" networks, helping to protect cyber infrastructure. The multiple-award blanket purchase agreement (BPA), administered by the General Services Administration (GSA), Federal Systems Integration and Management Center (FEDSIM), has a one-year base period of performance, four one-year options, and a contract value of up to $6 billion, if all options are exercised.
Under the contract, the SAIC team will provide tools and services that will enable Federal agencies and state, local, tribal, and territorial governments to enhance/automate their existing continuous network monitoring capabilities, correlate and analyze critical security-related information, and enhance risk-based decision making at the agency and Federal enterprise level. SAIC is one of 17 awardees eligible to compete for work under the BPA.
"We are proud to be a key partner in the CDM program and understand the strategic importance of this cybersecurity program. SAIC will apply deep domain expertise, threat prioritization based on risk based analytics, and innovation to help support the federal initiative toward securing and strengthening the nation's cyber protection profile," said Julie Taylor, SAIC senior vice president and national security 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 38,000 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 $11.2 billion for its fiscal year ended January 31, 2013. 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, 2013, 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.