MCLEAN, Va., June 11, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a prime contract by the U.S. Bureau of Engraving and Printing (BEP) to provide an enterprise level, Homeland Security Presidential Directive 12(HSPD-12) compliant Integrated Security System (ISS) in support of the BEP Office of Acquisition, Information Technology (IT) and Services Contracting Division. The single-award blanket purchase agreement (BPA) has a five-year period of performance and a total contract value of approximately $17 million. Work will be performed primarily in Washington, D.C., McLean, Va., and Forth Worth, TX.
The BEP designs and produces a variety of security products for the United States government, including currency for the Federal Reserve. BEP operates two currency manufacturing facilities in Washington, D.C. and Forth Worth, each with independent legacy security systems. Under the contract, SAIC will provide an ISS for BEP to replace the core physical security systems with a common technology platform that is both site independent and capable of back-up disaster recovery purposes. SAIC will provide design, replacement, installation, upgrade, maintenance and support of the new security system for physical and logical access to computers and networks.
"We look forward to assisting BEP in evaluating their existing security systems and developing recommendations for a new enterprise system to enable a common technology platform that is site independent, while also providing redundancy for disaster recovery purposes," said John Thomas, 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 40,000 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 $10.6 billion for its fiscal year ended January 31, 2012. For more information, visit http://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, 2012, 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.