SAIC Awarded Navy Technical Assistance for Repairables Processing Contract
(SAN DIEGO and MCLEAN, VA) 08/14/06 -- Science Applic 5A8 ations International Corporation (SAIC) announced today that it has been awarded a $5,186,546 cost-plus-fixed-fee contract for Technical Assistance for Repairables Processing (TARP) program services. The contract with the Naval Inventory Control Point (NAVICP) in Philadelphia, Pa., has three one-year option periods which, if exercised, will bring the total estimated value of the contract to $20,394,322.
Services will be performed in various locations in the continental U.S. and locations outside the U.S. The work under the base period of the contract is expected to be completed by August 2007. The contract was awarded competitively through Navy electronic commerce online.
“We are pleased to continue our collaboration with the U.S. Navy on improving reverse logistics and packaging of depot-level repairables,” said Jim Cuff, SAIC senior vice president and general manager of the Logistics and Engineering Solutions Business Unit. “The team is committed to continuing the support for combat operations for U.S. forces throughout the Middle East, humanitarian relief operations such as Hurricane Katrina, shipboard deployment operations, and training to prepare units to execute their mission.”
TARP is the premier program for improvement of retrograde material processing in the U.S. Navy an 5A8 d the Marine Corps. For the past six years, SAIC has worked closely with both services to improve the retrograde pipeline. SAIC has developed retrograde solutions to problems caused by mishandling of material, loss of retrograde during shipment, receipt of wrong materials, and material packaged improperly to the point that damage during shipment rendered the retrograde material beyond economical repair.
“We are delighted to be able to help NAVICP serve the U.S. Navy by providing highly skilled professional logisticians focused on training and mentoring sailors, marines, and civil service employees located throughout the world,” said Rob Hirt, SAIC senior vice president and business operations manager for the Logistics and Transportation Service and Solutions Operation. “The challenges affecting the Navy as they continue their transformation efforts are substantial and we are especially proud to have served NAVICP for the past six years.”
SAIC teammates include Target Systems, Mechanicsburg, Pa.; ESA Environmental Specialists, Inc., Charlotte, N.C.; and DEL REY Systems & Technology, Inc., San Diego, Calif.
Additional Information:
Visit SAIC's National Security s 5A8 ection to learn more about our capabilities in this area.
SAIC is the largest employee-owned research and engineering company in the United States, with more than 43,000 employees in over 150 cities worldwide. For the fiscal year ended January 31, 2006, the company reported annual revenues of $7.8 billion. SAIC engineers and scientists solve complex technical problems in national security, homeland security, energy, the environment, space, telecommunications, health care, and logistics. 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 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-looki 7A6 ng statements, which speak only as of the date hereof. Business Contacts:
Use our Contact Form or call 1-800-430-7629.
Press/Public Relations Contacts:
Ron Zollars - San Diego, CA
858-826-7896
zollarsr@saic.com
Connie Custer - McLean, VA
703-676-6533
custerc@saic.com
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