MCLEAN, Va. and SAN DIEGO, Dec. 28 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a prime contract by the U.S. Air Force Global Strike Command (AFGSC) to provide requirements assessment, strategic planning, and programming support. The contract has a one year base period of performance, a single one-year option, and a total value of more than $10 million if the option is exercised. Work will be performed primarily at Barksdale Air Force Base in Shreveport, La.
AFGSC is a new major command that will assume control of the nation's intercontinental ballistic missile and strategic bomber forces. Its activation is part of a broad, comprehensive strategy the Air Force is undertaking to ensure they have the proper focus on our critical missions that provide nuclear deterrence and global strike forces for the combatant commander, the joint team and allies Under the contract, SAIC will assist with the design and implementation of processes and organizations to help ensure the command satisfies requirements and resource allocation objectives.
"We look forward to utilizing our expertise in nuclear operations and organizational efficiency to help standup a critical command for the Air Force, and assisting as it assumes its full complement of missions - developing and providing combat-ready forces for nuclear deterrence and global strike operations," said Beverly Seay, SAIC senior vice president and business unit general manager.
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 $10.1 billion for its fiscal year ended January 31, 2009. 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, 2009, 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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