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U.S. Army Corp of Engineers Awards SAIC Energy Savings Performance Contract

SAN DIEGO and MCLEAN, Va., Feb 02, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Company to Implement Energy Efficiency, Renewable Energy and Water Conservation Projects at Government Facilities Throughout the U.S.

Science Applications International Corporation (NYSE: SAI) today announced it has been awarded an Energy Savings Performance Contract (ESPC) by the U.S. Army Corp of Engineers to design, construct, and obtain financing for projects that will reduce energy and water consumption and costs, and promote the use of renewable energy technologies. The multiple award, indefinite-delivery/indefinite-quantity contract has a five year base period of performance, one five year option and a total contract ceiling of $50 million if all options are exercised. Work will be performed at government facilities throughout the U.S. by SAIC's design-build subsidiary, The Benham Companies LLC.

ESPC enables the government to design, construct, and obtain financing for energy savings projects, with payments made to contractors over time from the reduction in utility bills, which are paid by the department's appropriated funds. Under the contract, SAIC will help installations achieve mandated energy reduction goals in accordance with the National Energy Conservation Policy Act by designing, constructing, and obtaining financing for energy savings projects. The programs will help eliminate energy waste, increase energy efficiency, reduce dependence on fossil fuels, conserve water resources, and improve energy security in support of the Department of Defense and other Federal agencies.

"We look forward to helping the government meet the goals of its aggressive energy mandates, while addressing challenges in energy, water consumption, and climate change," said J.T. Grumski, 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 45,000 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                    Laura Luke
                 (703) 676-6762                       (703) 676-6533
                 Melissa.l.koskovich@saic.com         laura.luke@saic.com