SAIC Awarded Contract to Provide Information Technology Support to Navy Personnel Command
SAN DIEGO and MCLEAN, Va., Jan 25, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (NYSE: SAI) today announced it won a single award, cost-plus-award-fee contract to provide information technology support services for Manpower, Personnel, Training, and Education (MPT&E) for the Navy Personnel Command in Millington, Tenn.
The contract has a one-year base term, four one-year options, and a total value of $52.9 million if all options are exercised. Through the contract, SAIC will provide an array of IT services including service-oriented architecture, Web-enabled applications development, and disaster recovery and continuity of operations.
"For nearly a decade, we've been supporting the evolution of the Navy's mission," said Randy Cash, SAIC's senior vice president and general manager of the Enterprise Solutions Business Unit. "We look forward to continuing our long-standing relationship with MPT&E by providing seamless continuity of IT services, and helping tackle future challenges for this vitally important customer."
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
1/25/2007
CONTACT: 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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