SAIC Awarded $32 M Contract by Naval Surface Warfare Center Crane Division
Company to Support Defense Security Systems and Antiterrorism Force Protection Initiatives
SAN DIEGO and MCLEAN, Va., March 27, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a contract by Crane Division, Naval Surface Warfare Center (NSWC Crane) to provide engineering and technical services in support of physical security for Navy systems afloat and ashore. This contract has a two-year base period of performance, three one-year options and a total contract value of more than $32 million if all options are exercised. Work will be performed at NSWC Crane, Ind., and other U.S. Navy installations as required.
NSWC Crane is responsible for full life cycle support for electronic attack systems, electronic support and electronic protections systems to meet the needs of the Warfighter. Throughout the contract, SAIC will deliver engineering, technical, logistics, configuration management and other management support services. The company will also conduct scientific and engineering analysis and studies, and testing and evaluation to help maintain and enhance defense security systems and antiterrorism force protection initiatives.
"We are pleased to continue working with NSWC Crane on a wide variety of systems that help keep our Warfighters and critical infrastructure safe from harm," said Tom Baybrook, SAIC senior vice president and business unit general manager. "We have supported them for the past 19 years and we look forward to continuing this long-standing working relationship."
About SAIC
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 $8.9 billion for its fiscal year ended January 31, 2008.
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 other such 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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