SAIC Awarded OPNAV N81 Contract

Company to provide the Office of the Chief of Naval Operations with program objective planning and warfare support analysis

Feb 12, 2015, 07:50 ET from SAIC

MCLEAN, Va., Feb. 11, 2015 /PRNewswire/ -- The Department of the Navy has awarded Science Applications International Corp. (NYSE: SAIC) an indefinite-delivery, indefinite-quantity contract to continue to provide Program Objective Memorandum (POM) assessment planning and warfare support analysis to the Office of the Chief of Naval Operations. The contract has a period of performance of five years and a total contract value of $167 million.  SAIC is one of three awardees and task orders will be awarded as firm-fixed-price or cost-plus-fixed-fee contracts.    

The Office of the Chief of Naval Operations consists of the Chief of Naval Operations, the senior military officer in the Department of the Navy and the principal naval adviser to the Secretary of the Navy and the President on the conduct of war, and a subordinate staff that includes the Vice Chief of Naval Operations, the Deputy Chiefs of Naval Operations, the Assistant Chiefs of Naval Operations, and a number of other officials and staffs collectively known as OPNAV.  

Under this contract, SAIC will provide OPNAV's Assessment Division (N81) with a comprehensive methodology and supporting review process that assists in defining the U.S. Navy's warfighting capability and capacity requirements for warfighter preparedness. SAIC will also assist in identifying short and long-term capacity and capability shortfalls or gaps, and quantitative/qualitative measures suitable for supporting value-based trades between disparate components of the Navy.

"SAIC is proud to continue our important support to OPNAV N81 for program planning and warfare support analysis. This program is critical in helping the Navy properly plan for current and future efforts to ensure a consistently high state of readiness," said Tom Watson, senior vice president and general manager of the Navy and Marine Corps Customer Group.

About SAIC

SAIC is a leading technology integrator providing full life-cycle services and solutions in the technical, engineering, and enterprise information technology markets. SAIC's deep domain knowledge and customer relationships enable the delivery of systems engineering and integration offerings for large, complex government and commercial projects. SAIC's approximately 13,000 employees serve customers in the U.S. federal government, state/local, and global commercial markets, specializing in providing a broad range of higher-end, differentiated technical capabilities. Headquartered in McLean, Virginia, SAIC has annual revenues of about $4 billion. For more information, visit http://www.saic.com/.  For ongoing news, please visit our newsroom.

Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and 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 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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