SAIC Begins Privatized Management of DoD Chemicals, Petroleum, Oils, Lubricants
SAN DIEGO and McLEAN, Va., Aug. 23 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) has begun work on supply chain management of chemicals and packaged petroleum, oils and lubricants (POLs) for the Department of Defense under a firm-fixed-price indefinite- delivery/indefinite-quantity contract with a five-year base term, one five- year option period and a ceiling value of $6.2 billion if the customer exercises all options.
The single-award contract with the Defense Supply Center - Richmond, Va., was originally awarded May 2, 2007, but a protest was lodged. SAIC was informed August 15, 2007 that SAIC's work on the contract could continue following a decision by Government Accountability Office denying the protest.
"I am pleased that we are able to execute on this important win for DSCR," said Jim Cuff, SAIC senior vice president and general manager of the Logistics and Engineering Solutions Business Unit. "Our ability to proceed with the contract reaffirms SAIC's credentials to provide increased value and support to the Defense Logistics Agency and the warfighter."
SAIC will provide services previously covered by DLA, including comprehensive management of chemicals and POLs to include demand forecasting, order processing, procurement, inventory management, quality control, environmental compliance, hazardous materials management, storage, packaging, worldwide distribution, obsolescence management, data management and customer support services.
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 $8.3 billion for its fiscal year ended January 31, 2007. SAIC: FROM SCIENCE TO SOLUTIONS(R)
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 Annual Report on Form 10-K for the period ended January 31, 2007, 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
08/23/2007
CONTACT: San Diego, Ron Zollars, +1-858-826-7896, zollarsr@saic.com, or
McLean, Melissa Koskovich, +1-703-676-6762, koskovichm@saic.com
|
NEWSLETTER
|
| Join the GlobalSecurity.org mailing list |
|
|
|
