SAIC Awarded Task Order to Support NSWC-Dahlgren
SAN DIEGO and MCLEAN, Va., Jan 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (NYSE: SAI) announced today it won a task order from the Naval Surface Warfare Center (NSWC), Dahlgren Division, Dahlgren, Va., to provide a wide range of support to the Surface Ship Undersea Warfare (USW) office.
This cost-plus-fixed-fee, SEAPORT-e task order has a one-year base period and four one-year options, with an approximate total value of $48 million if all options are exercised. Work will be performed primarily in Dahlgren, Va.
Under this order, SAIC will provide program management support, systems and software engineering, systems integration and testing, and documentation and training support for the USW combat, control and situational awareness systems.
"This is a significant win for SAIC and affirms our longstanding commitment of more than 16 years of continuous support to the Naval Surface Warfare Center," said Tom Baybrook, SAIC senior vice president and business unit general manager. "SAIC and our talented group of subcontractors are proud of the work we do alongside our Navy counterparts to provide full spectrum life cycle support from research and development through fleet support, helping the Center continue as the premier provider of undersea warfare technology to the Navy."
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 approximately 44,000 employees in more than 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.
Contact:
Melissa Koskovich, McLean
703/676-6762
koskovichm@saic.com
Laura Luke, McLean
703/676-6533
laura.luke@saic.com
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