SAIC Awarded Blanket Purchase Agreement to Provide Information Technology Support Services to the Department of Veterans Affairs
SAN DIEGO and MCLEAN, Va., Jan. 10 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) today announced it was one of eight (three large and five small) businesses awarded a blanket purchase agreement (BPA) to maintain and sustain the Department of Veterans Affairs, Veterans Health Information Systems and Technology Architecture (VistA), program.
These eight BPA awards represent an estimated aggregate value of $1 billion, if the customer exercises four one-year option periods and if five, one-year award terms are earned, for a potential 10-year term. The SAIC-led team consists of 18 specialized businesses, which will provide the VHA with a spectrum of services.
"SAIC is pleased that the VA has selected our team," said Robert McCord, senior vice president and general manager of SAIC's Health Solutions Business Unit. "We look forward to working with them on maintaining the current world- class VistA system."
VistA includes over 100 clinical and administrative applications and is run at 157 healthcare facilities and 887 ambulatory care and community-based outpatient clinics nationwide. VistA is recognized as one of the most comprehensive health and clinical support systems in the world today.
George Hou, SAIC vice president and account manager for the Department of Veterans Affairs commented, "We are honored to support one of the key programs that help ensure, through the use of technology, that our veterans receive the exceptional care that their service commitment and patriotism have so rightfully earned, through an organization that has received accolades for the quality of care they provide."
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 44,000 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 SAIC's final prospectus relating to its initial public offering, and such other 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.
SOURCE SAIC
01/10/2007
CONTACT: San Diego: Ron Zollars, +1-858-826-7896, zollarsr@saic.com, or
McLean: Melissa Koskovich, +1-703-676-6762, koskovichm@saic.com, both of SAIC
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