MCLEAN, Va., Sept. 29, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the U.S. Naval Surface Warfare Center (NSWC) Carderock Division to provide lifecycle engineering and management solutions in support of the Ship Systems Engineering Station (SSES) Philadelphia. The single-award, indefinite-delivery/indefinite-quantity (IDIQ) contract has a one-year base period of performance, two-one year options, and a contract ceiling value of more than $10 million if all options are exercised. Work will be performed primarily at the Philadelphia Naval Business Center in Pennsylvania.
The NSWC Carderock Division provides research, development, test and evaluation, analysis, acquisition support, in-service engineering, logistics and integration of surface and undersea vehicles and associated systems. Under the contract, SAIC will provide lifecycle engineering and management solutions as needed to support the implementation and execution of enabling technology programs under development at SSES Philadelphia. SAIC will also provide professional engineering and technical services required to develop and integrate enhancements to the U.S. Navy's Remote Monitoring, Condition Assessments Systems, Shipboard Network Protection Systems and other efforts related to Navy modernization programs.
"We look forward to providing quality engineering and technical services to SSES Philadelphia as they continue to develop and apply critical technology to the Navy's fleet," said Tom Baybrook, 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 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 $11.1 billion for its fiscal year ended January 31, 2011. 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, 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.