MCLEAN, Va., June 14 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced that it has been awarded a contract by the U.S. Department of Defense (DoD), Defense Technical Information Center (DTIC), to provide technical services to help secure mission critical data and strengthen sharing capabilities at DoD components and other government agencies. The multiple award, indefinite-delivery, indefinite-quantity contract has a one-year base period of performance, four one-year options and a ceiling value of $2 billion for all nine awardees.
Under the Software, Networks, Information and Modeling and Simulation contract, the SAIC SNIM Team, inclusive of key large and small businesses and academic centers of excellence, will deliver software data and analysis, information assurance, modeling and simulation, knowledge management and information sharing services. The contract consolidates the task order functions previously accommodated by three of the DoD's Information Analysis Centers (IACs); the DTIC Information Assurance Technology Analysis Center (IATAC), Modeling and Simulation Information Analysis Center (MSIAC), and Data and Analysis Center for Software (DACS). The IACs operate under the direction of DTIC and help improve the productivity of researchers, engineers, and program managers in the research, development and acquisition communities by collecting, analyzing, processing, and disseminating worldwide scientific and technical information in their technical field of excellence.
"SAIC has a long history of providing support to research, development, and test and evaluation activities," said Larry Cox, SAIC senior vice president and business unit general manager. "The services we provide under this contract will support these important efforts in the defense community, and help meet an expanding need to integrate, share and secure data used to meet national security objectives."
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 45,000 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. SAIC had annual revenues of $10.8 billion for its fiscal year ended January 31, 2010. 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, 2010, 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.