
SAIC Announces Lease Signing at The GATE at Aberdeen Proving Ground
New 50,000 Sq. Ft. Facility Places Company Resources Near Key Customers
ABINGDON, Md., Jan. 11, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has signed a new lease with St. John Properties to occupy 50,000 square feet of office space at The GATE (Government and Technology Enterprise) office and tech park at Aberdeen Proving Ground (APG), Md.
This new facility will build on SAIC's existing presence in nearby Abingdon, Edgewood and Aberdeen, as well as at customer sites in the area.
SAIC has supported major Army and Department of Defense (DoD) programs at APG for more than 20 years, providing services in areas including engineering, technical integration, logistics, and safety and risk management, helping ensure customers achieve mission success.
"Jobs are the gasoline that power Maryland's economy," said Congressman C.A. Dutch Ruppersberger (D-MD). "When you have a job, you can support your family, your community, and your country. The thousands of good-paying jobs headed to Aberdeen Proving Ground through base realignments is exciting news for Maryland. SAIC is a great partner as we move forward making the I-95 corridor a top-notch technology hub."
With its new location at The GATE inside APG, SAIC will be more accessible to key customers including the U.S. Army, and other DoD agencies.
"As one of the largest employers in Harford County, SAIC continues to grow its presence in Maryland," said Deb Alderson, SAIC group president. "Our increased presence at APG will help ensure that we are readily accessible to key customers, allowing for face-to-face collaboration – this expansion demonstrates our commitment to the APG community."
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 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. Headquartered in McLean, Va., 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.
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