SAIC Awarded Two Contracts to Support Naval Surface Warfare Center, Crane, Ind.
SAN DIEGO and MCLEAN, Va., Oct. 3 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) announced today it won two follow-on contracts from the Crane Division, Naval Surface Warfare Center (NSWC), Crane, Ind., in support of Naval Sea Systems Command.
The first contract will support the Navy's Conventional Ammunition and Night Vision Program Office, the Munitions Division, and the Business Resource Management Division of the Joint Special Operations Response Department. The other contract provides support to the Operations and Assessment Division.
Both single-award contracts are cost-plus-fixed-fee with 24-month base periods and three one-year options. The first contract has a total value of more than $47 million if all options are exercised. The second contract has a total value of more than $27 million if all options are exercised. They are both follow-on contracts to the NSWC Crane Division Omnibus Contract. Services will be performed primarily in Crane, Ind.
Through these two contracts, SAIC will provide a wide variety of capabilities to NSWC Crane which includes professional engineering and technical data support services to design pyrotechnics and demolition devices; engineering and logistics services for in-service ammunition during manufacture, use, maintenance, demilitarization, conventional ammunition acquisition and disposal; engineering test and evaluation services, including the simulation of environmental conditions for pyrotechnics and conventional ammunition and strategic weapons systems; and in-service engineering agent services for the Marine Corps.
"We are extremely pleased to have the opportunity to continue our support to NSWC Crane," said Tom Baybrook, SAIC senior vice president and business unit manager. "With this contract we can provide a wide range of systems engineering, integration capabilities and technical services which will help enhance NSWC Crane's mission activities that are of critical importance to supporting 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 $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 10/03/2007
CONTACT: Tom Hampton, San Diego, +1-858-826-9292, firstname.lastname@example.org, or
Melissa Koskovich, McLean, +1-703-676-6762, email@example.com, both of SAIC
Web site: http://www.saic.com
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