Mar 12, 2015, 07:05 ET
MCLEAN, Va., March 12, 2015 /PRNewswire/ -- The Defense Logistics Agency (DLA) awarded Science Applications International Corp. (NYSE: SAIC) an indefinite delivery/indefinite quantity contract to provide tailored logistics support (TLS) for maintenance, repair and operations (MRO) requirements at Department of Defense (DoD) and other federal installations located in Arizona, Nevada, Southern California, and Utah. The single-award, firm-fixed-price contract has a five-year period of performance and an estimated total contract value of $165 million.
"We are pleased to continue to provide industry-leading logistics and supply chain management support to DLA customers in the southwest region," said Mark Escobar, SAIC senior vice president of the Department of Defense Agencies and Commands Customer Group. "During the past 17 years, we have built a strong partnership with DLA Troop Support to meet our customer's MRO product and service needs."
The MRO TLS program allows its customers to order supplies and equipment in order to fulfill their facilities' missions. Under the contract, SAIC will employ commercial business practices to reduce total MRO logistics cost to DLA Troop Support and its customers. SAIC will provide sourcing, procurement, and delivery of MRO supplies and incidental MRO services to DoD and federal entities in the southwest region of the United States. Retail storefront management is also included in SAIC's services.
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, Form 10-K 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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