SAIC Awarded $29 Million Task Order to Support Naval Air Systems Command
Company to Provide Technical Support Services to Aviation Training Systems
SAN DIEGO and MCLEAN, Va., Sept 29, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a task order by the Naval Air Systems Command (NAVAIR) to provide technical support services to NAVAIR Program Management Activity (PMA) 205 integrated product teams (IPTs). The task order has a four and a half month base period of performance, four one-year options, one seven-month option and a total value of more than $29 million if all options are exercised. Work will be performed primarily in Patuxent River, Md.; San Diego, Calif.; Whidbey Island, Wash.; and Cherry Point, N.C. The task order was awarded under the Naval Sea Systems Command (NAVSEA) SeaPort-e contract.
PMA 205 delivers training systems products and services to the U.S. Navy. It manages acquisition category and acquisition programs for operator and maintenance training devices. Under the task order, SAIC will provide programmatic support to the IPTs through all phases of naval aviation training system acquisition including research, design, development, engineering, procurement, testing and evaluation; and in-service engineering and logistics support. SAIC will also provide program administration, financial management, systems engineering, and logistics support as required.
"We look forward to providing NAVAIR and PMA 205 with quality services to help provide program managers and the Fleet with the technical support they need to accomplish their critical missions," said Debbie James, 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. Headquartered in McLean, Va., 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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