SAIC Awarded Contract to Support U.S. Army Chemical Materials Agency
SAN DIEGO and MCLEAN, Va., March 15 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) today announced it was one of three companies awarded an indefinite-delivery/indefinite-quantity contract from the U.S. Army Chemical Materials Agency (CMA) to provide technical services supporting their mission.
Each multiple-award contract has a five-year base period of performance and a ceiling value of $62 million. Through the contract, the SAIC-led team will support CMA's mission of storing and disposing chemicals in a safe and environmentally sound manner. The team will provide services including engineering design; chemical agent, industrial chemical and pollutant monitoring; technical analysis; quality assurance; safety, security and surety; training and testing.
"We will support CMA's technical team by analyzing data, identifying issues and formulating innovative solutions and alternatives to program challenges," said John Ferriter, SAIC senior vice president and general manager of the Homeland Protection and Preparedness Business Unit. "We have supported CMA for more than 15 years and are pleased to continue our participation in this critical program for the nation."
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.
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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.
CONTACT: Ron Zollars, San Diego, +1-858-826-7896, firstname.lastname@example.org, or Melissa Koskovich, McLean, +1-703-676-6762, email@example.com, both of SAIC
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