SAIC Awarded Contract by Naval Medical Logistics Command
Company to Provide Research and Development Support Services to the Naval Submarine Medical Research Laboratory
MCLEAN, Va., Nov. 26, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it was awarded a prime contract by the Naval Medical Logistics Command to provide research and development (R&D) services in support of the Naval Submarine Medical Research Laboratory (NSMRL). The single-award, cost-plus fixed-fee contract has a one-year base period of performance, four one-year options, and a total contract value of approximately $22 million if all options are exercised. Work will be performed primarily at the Naval Submarine Base New London in Groton, Conn.
The NSMRL is the only U.S. Navy Bureau of Medicine and Surgery dedicated research institution for submariner performance. NSMRL research areas focus on the medical, psychological, and physiological interactions between the human and the submarine, serving the submarine force and the Navy by taking the lead in undersea human factors, sensory sciences, and operational medicine.
Under the contract, SAIC will provide R&D support services including investigations of medical, psychological, physiological, and other issues associated with the health and performance of Naval personnel in operational and non-operational settings. Research and testing conducted under this contract will be broad in scope and encompass a wide range of disciplines, covering all aspects of submariner wellness, submariner psychological factors, shipboard force health protection, human factors, and undersea warfighter capabilities.
"We look forward to continuing to provide the NSMRL with subject matter expertise relating to Navy and Department of Defense-wide medical issues to support undersea warfighters," said Steve Comber, SAIC senior vice president and business unit 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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