SAIC Awarded $35 Million GSA Logistics Worldwide Task Order

Company to Provide Logistics Services and Operational Readiness Support

Nov 03, 2011, 07:50 ET from SAIC

MCLEAN, Va., Nov. 3, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it was awarded a task order by the General Services Administration (GSA) to support the U.S. Marine Corps Special Operations Command (MARSOC) with logistics services. The task order has a one-year base period of performance, four one-year option periods and a total value of more than $35 million if all options are exercised. Work will be performed at Camp Lejeune, N.C., and Camp Pendleton, Calif. The task order was awarded under GSA's Logistics Worldwide (LOGWORLD) Multiple Award Schedule 874 V, which assists federal agencies in procuring comprehensive logistics solutions.

Under the task order, SAIC will help support MARSOC by providing logistics services in areas including operations, materiel management, supply administration, warehouse operations, and transportation management, including embarkation and motor transport operations. The company will also provide maintenance support in areas including management, communications-electronics, motor transport, engineering, ordnance (weapons and optics), and facilities management.

"We look forward to providing quality support to MARSOC, as it works to meet the operational logistics needs of its deployed Marines," said Jim Thigpen, SAIC senior vice president and business unit general manager.

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 & environment, health and cybersecurity. The company's approximately 41,000 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 approximately $11 billion for its fiscal year ended January 31, 2011. For more information, visit 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, 2011, 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.

Contact:

Melissa Koskovich

Vernon Guidry

(703) 676-6762

(703) 676-6533

koskovichm@saic.com

guidryjrv@saic.com

SOURCE SAIC



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