SAIC Awarded $20 Million Task Order by Naval Surface Warfare Center - Crane Division
Company to Help Improve Mobility, Reliability, and Safety of Weaponized Vehicles
SAN DIEGO and MCLEAN, Va., Sept 30, 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 Surface Warfare Center (NSWC) - Crane Division to provide engineering, technical, and management support to the Wheeled Tactical Vehicle (WTV) Support Shelter and Vehicle Automated Diagnostic System (VADS) program initiatives. The follow-on task order has a two-year base period of performance, three one-year options and a total value of more than $20 million if all options are exercised. Work will be performed primarily at NSWC Crane and at SAIC locations throughout Indiana. The task order was awarded under the U.S. Navy's SeaPort-e contract.
NSWC Crane maintains a full spectrum research, development, acquisition, support, and test and evaluation capability for surface warfare combat, and weapons, hull, mechanical, and electrical systems. Under the task order, SAIC will help NSWC Crane improve the mobility, reliability, and safety of weaponized vehicles. SAIC will provide engineering, design, fabrication, and technical support for the WTV Support Shelter, VADS and other Marine Corps Systems Command and test measurement and diagnostic equipment program initiatives.
"SAIC is pleased to continue supporting NSWC Crane's VADS and WTV efforts, which enable our Marines to efficiently maneuver by providing improved system safety, reliability, and sustainability," said Tom Baybrook, SAIC senior vice president and business unit 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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