SAIC Awarded Contract by U.S. Army/Research Development and Engineering Command Intelligence and Information Warfare Directorate
Company to Provide Vigilant Pursuit (VP) System Design, Production, Testing, Delivery, Spares, Training, and Field Service Representative Services in Support of the U.S. Army Multi-functional Teams (MfT)
MCLEAN, Va., July 5, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it was awarded a prime contract by the U.S. Army/Research Development and Engineering Command Intelligence and Information Warfare Directorate to provide Vigilant Pursuit (VP) system design, production, testing, delivery, spares, new equipment training and field service representative services in support of the U.S. Army Multi-functional Teams (MfT). The single-award firm-fixed price (FFP) contract has a one-year period of performance and a contract value of approximately $37 million. Work will be performed primarily in Charleston, SC, Alexandria, Va., and Aberdeen, Md.
VP is the crew-served weapon of the MfT, who employ the system to provide multi-disciplined intelligence collection, exploitation, and analysis to generate actionable intelligence as well as time-sensitive detection, tracking and locating of key targets. Under the contract, SAIC will provide VP system design, production, testing, delivery, spares, new equipment training and field service representative services in support of the MfT. SAIC's work with VP will enable the MfT to deliver tactical commanders access to many theater and national intelligence capabilities through on-board sensors that provide precise, real-time data en route to an objective, while enabling pursuit and exploitation, precision maneuver and immediate triage/site exploitation during actions on the objective.
"We look forward to providing the U.S. Army a Vigilant Pursuit system that leverages a flexible, extensible and modular architecture, enabling multi-functional teams to execute their mission-essential tasks and support maneuver-element missions," said John Thomas, 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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