SAIC Awarded $46 Million Contract by the U.S. Army Contracting Agency
Company to Support the Army's G-8 Force Development
SAN DIEGO and MCLEAN, Va., May 19, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a contract from the Headquarters, Department of the Army (HQDA) to support the Army Equipping Enterprise System (AE2S). This prime, single-award contract will support G-8 Force Development and other HQDA agencies. The contract has a one year base period of performance, four one-year options and a total contract value of more than $46 million. Work will be performed primarily in the National capital region.
Under the contract, SAIC will provide services including analytic support; software, portal and database development; and training to integrate the Army Flow Model, Force Development Investment Information System, and Continuous Early Validation applications into a common language and server environment.
"SAIC has supported the Army in the development of the Army Flow Model for the past 14 years. We are pleased to continue delivering capabilities that support the Army in deploying soldiers with the best equipment while concurrently modernizing," said John Fratamico, SAIC senior vice president and business unit general manager.
About SAIC
SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit www.saic.com.
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.
Contact: Melissa Koskovich
(703) 676-6762
Melissa.l.koskovich@saic.com
Laura Luke
(703) 676-6533
laura.luke@saic.com
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