SAIC Awarded $42 Million Contract From Defense Advanced Research Projects Agency
Company to Support Deep Green Program
SAN DIEGO and MCLEAN, Va., June 12, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (NYSE: SAI) announced today that it has been awarded a prime contract by the Defense Advanced Research Projects Agency (DARPA) to support the agency's Deep Green Program. This multiple-award contract has a one-year base period of performance, two one-year options, and a contract value of more than $42 million if all options are exercised. Work will be performed primarily in Orlando, Fla.
The Deep Green program seeks to develop a synergistic human/machine system to help military officers and their staffs quickly make command decisions and generate multiple options on the battlefield. The goal is to enable commanders with the ability to foresee the outcomes of plans through simulation, providing the ability to adjust those plans as required. Under the contract, the SAIC team will design, develop, and integrate the system, including establishing warfighter computer interfaces, creating a common futures graph, and building a synthetic battlespace engine that will understand inputs and employ reason to predict multiple battlefield outcomes.
"The Deep Green program will significantly advance military planning technology to support the capabilities of the commander on the battlefield," said Beverly Seay, SAIC senior vice president and business unit general manager. "We are proud to leverage our expertise in the areas of modeling and simulation, software development, and systems integration to advance this cutting-edge program. We look forward to creating an intuitive system that will help commanders visualize the future and act effectively to save warfighters' lives."
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, McLean
Laura Luke, McLean
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