SAIC Awarded $10 M Contract to Support Army Ammunition Systems Management
Company to Provide Comprehensive Program Management, Engineering and Management Support for Ammunition Programs
SAN DIEGO and MCLEAN, Va., March 31, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a prime contract by the Joint Munitions and Lethality Life Cycle Management Command Acquisition Center. This single-award, time and material contract will support the Army's Project Manager for Maneuver Ammunition Systems (PM-MAS). The contract has a one-year base period, four one-year options and a total contract value of $10 million if all options are exercised.
PM-MAS is responsible for providing world-class ammunition to the United States (U.S.) Army, the Department of Defense, and U.S. allies for use by soldiers and maneuver combat weapons platforms worldwide. Under this contract, SAIC will provide comprehensive program management support for current and future small, medium, and large caliber ammunition programs. SAIC will perform a full range of engineering and management support activities, including acquisition management, life-cycle and strategic planning, logistics, training, production development, and testing and evaluation.
The SAIC team will include Camber Corporation and Management Technologies Associates, Inc., a service-disabled, veteran-owned small business. The SAIC-led team will perform work at locations nationwide, including Picatinny Arsenal, N.J., Lake City Army Ammunition Plant, Independence, MO., Fort Benning, GA., and Fort Knox, KY.
"We will combine our deep understanding of PM-MAS operations and its culture with our management experience to provide outstanding program management support from a skilled, geographically dispersed workforce," said Beverly Seay, SAIC senior vice president and business unit general manager. "The services we deliver to the PM-MAS staff will help them make significant contributions to the success of warfighters in the field."
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, 2008, 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.
Melissa Koskovich, McLean
Laura Luke, McLean
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