SAIC to Provide Electronic Warfare Technical Services at Naval Surface Warfare Center Crane Division
SAN DIEGO and MCLEAN, Va., March 14 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) today announced it won a single award, cost-plus- award-fee task order from the Naval Surface Warfare Center (NSWC), Crane Division, Crane, Ind.
The task order has a two-year base term and three one-year option periods, and a total value of over $122 million if all options are exercised. SAIC will provide engineering, technical, and programmatic support services for information operations including, but not limited to, surface and airborne electronic warfare.
"We are proud to continue our long relationship with NSWC Crane with this new area of work," said Deb Alderson, president of SAIC's System and Network Solutions Group. "Crane's work and our support of that effort will provide real-time, practical solutions to the warfighter."
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
03/14/2007
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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