SAIC Awarded Contract to Support Navy
SAN DIEGO and McLEAN, Va., Oct. 2 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) announced today it won a contract from the Naval Surface Warfare Center, Carderock Division, Philadelphia, Pa. to provide Shipboard Instrumentation and Systems Calibration (SISCAL) to support the Navy's engineering agent for Calibration by providing programmatic and engineering services.
This cost-plus-fixed-fee, SEAPORT-e Task Order has a 19-month base period and three options of varying lengths, with a total value of $25 million if all options are exercised. Work will be performed primarily in Norfolk, Va., Philadelphia, Pa., Bath, Me., Pascagoula, Ms., San Diego, Ca. and Mayport, Fl.
"This is a significant win for SAIC and affirms our longstanding commitment to provide the support necessary for the Navy to deploy combat- ready forces world wide," said Hank Giffin, SAIC vice president and operations manager. "Our calibration teams deliver critical support to ships and submarines in the major fleet concentration areas, helping enable timely response to today's global challenges. With this contract, the operating forces of the Navy and our nation will continue to benefit from this essential support."
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
CONTACT: Melissa Koskovich, McLean, +1-703-676-6762
koskovichm@saic.com; Ron Zollars, San Diego, +1-858-826-7896
zollarsr@saic.com, both of SAIC
Web site: http://www.saic.com
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