SAIC Awarded Contract By U.S. Marine Corps Logistics Command
Company to Provide Logistics Services in Support of Program Management and Operations
MCLEAN, Va., Aug. 27, 2013 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced it was awarded a prime contract by the U.S. Marine Corps Logistics Command (LOGCOM) to provide innovative and responsive logistics support to meet the evolving mission needs of the war fighter. The multiple-award, indefinite-delivery/indefinite quantity contract has a one-year base period of performance, four one-year options, and a total contract value of $854 million for all awardees, if all options are exercised. Work will be performed throughout the continental United States and outside the continental United States.
LOGCOM provides worldwide integrated logistics/supply chain and distribution management; maintenance management; and strategic prepositioning capability in support of the operating forces and other supported units.
Under the contract, SAIC will provide logistics support in several task areas, including: program management and operations; information/technology specialized support; training support; program support; transportation/supply support; and maintenance and logistics technical data. SAIC is one of 19 contractors eligible to compete for task orders under the unrestricted category.
"The logistics services SAIC and our team offer through this contract vehicle will improve LOGCOM's ability to meet the emerging needs of the Marines during this key transition period," said SAIC Senior Vice President and Group General Manager Larry Hill.
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.
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