MCLEAN, Va., Oct. 8, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the U.S. Navy Space and Naval Warfare Systems Center Pacific (SSC Pacific) to provide In-Service Engineering Agent (ISEA) functions support services. The single-award indefinite-delivery/indefinite-quantity (IDIQ) contract has a one-year base period of performance, two one-year options, and a total contract value of approximately $56 million, if all options are exercised. Work will be performed primarily in San Diego, Calif.
SSC Pacific is the Navy's premier research, development, test and evaluation laboratory for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR). Under the contract, SAIC will provide ISEA functions support services for shipboard and submarine tactical networks. Work will include assisting SSC Pacific with sustainment of fielded systems through End-of-Life (EOL) replacement, distant support, on-site repair, and system analysis to ensure networks are performing at peak capabilities.
"We look forward to continuing our long-term support of SSC Pacific and the afloat networks ISEA team, providing critical C4I shipboard and submarine engineering, technical and logistics support that helps ensure information dominance for the fleet," said Thomas Watson, SAIC senior vice president and business unit general manager.
About SAIC 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.