SAIC Awarded SMARTS Contract From National Geospatial-Intelligence Agency
SAN DIEGO and MCLEAN, Va., Oct 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced that it has been awarded the Support to Management and Resources for Technical Services (SMARTS) contract by the National Geospatial-Intelligence Agency (NGA). SAIC was one of six prime contractors to receive an indefinite- delivery/indefinite-quantity contract, with a base period of performance equal to one year, and four one-year options.
The SMARTS program is designed to provide access to a large pool of appropriately cleared support personnel who will assist with Web design services, management consultation, financial and management related support, program and project activity support, and other support/management services.
"This contract affords SAIC an important opportunity to assist the NGA in performing a wide-range of mission activities that are of critical importance to the nation's global war on terrorism," said K. Stuart Shea, SAIC senior vice president and general manager of the Space and Geospatial-Intelligence Business Unit. "This work is on the leading edge of important new technologies. SAIC is proud of its longstanding support to NGA and its predecessor organizations."
About NGA
NGA is a Department of Defense combat support agency and a member of the intelligence community. Its vital mission is to provide timely, relevant and accurate geospatial intelligence in support of national security. The agency is headquartered in Bethesda, Md., with major facilities in the Washington, D.C., northern Virginia and St Louis, Mo. areas. NGA deploys support teams worldwide.
About SAIC
SAIC is a leading provider of scientific, engineering, systems integration and technical services and solutions to all branches of the U.S. military, agencies of the Department of Defense, the intelligence community, the U.S. Department of Homeland Security and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With more than 43,000 employees in over 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers' mission-critical functions. SAIC had annual revenues of $7.8 billion for its fiscal year ended January 31, 2006. SAIC: FROM SCIENCE TO SOLUTIONS(TM)
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 the Company's Annual Report on Form 10-K for the period ended January 31, 2006, and such other filings that the Company 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.
SOURCE SAIC
Ron Zollars, San Diego, +1-858-826-7896, zollarsr@saic.com, or Melissa Koskovich,
McLean, +1-703-676-6762, koskovichm@saic.com, both of SAIC
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