SAIC Awarded Contract to Support Joint Improvised Explosive Device Defeat Organization
Company to Provide Comprehensive Technical and Operational Support Services
SAN DIEGO and MCLEAN, Va., Sept 16, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced that it has been awarded a prime contract by the Joint Improvised Explosive Device Defeat Organization (JIEDDO) to provide comprehensive technical and operational support services. The multiple award, indefinite-delivery/indefinite-quantity contract has a one-year base period of performance, four one-year options, and a ceiling value of $494 million for all awardees.
JIEDDO is responsible for developing and coordinating all U.S. Department of Defense actions to defeat improvised explosive devices (IEDs), one of the biggest threats to U.S. and coalition forces in Iraq and Afghanistan. Under the contract, SAIC's team will support the organization as required in areas including operations, intelligence, logistics, interagency coordination, program management, and strategic and organizational planning. Tasks may include assisting with strategic analyses; training deployed soldiers on equipment use; and assisting with the development and implementation of counter-IED initiatives.
"We are pleased to support JIEDDO with our analytical, defense, and technological expertise as it leads, advocates, and coordinates Department of Defense efforts to defeat IEDs as weapons of strategic influence," said Beverly Seay, SAIC senior vice president and business unit general manager.
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 U.S. 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 $10.1 billion for its fiscal year ended January 31, 2009. 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, 2009, 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.
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