SAIC Awarded Contract by U.S. Army Research Laboratory
Company to Provide Research and Development Services in Support of U.S. Special Operations Command
McLEAN, Va., Jan. 10, 2011 /PRNewswire via COMTEX/ -- Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a follow-on contract by the U.S. Army Research Laboratory's (ARL) Sensors and Electron Devices Directorate (SEDD) in support of the United States Special Operations Command (USSOCOM). The multiple award, indefinite-delivery/indefinite-quantity (IDIQ) contract has a five year base period of performance and a total ceiling value of $400 million for all awardees.
The SEDD is the principal Army organization for basic and applied research in sensors, electron devices, and power and energy, helping ensure U.S. military superiority. It conducts innovative research in the areas of sensors, electron devices and power and energy to provide the Army with affordable enabling technology in advanced electro-optical technologies; flexible displays; advanced RF technologies; electronic materials and devices; autonomous sensing; micro autonomous technologies; hybrid electric vehicle, platform, and pulse power; directed energy; and micro, Soldier, and portable power. Under the contract, SAIC will provide research and development services as required, in areas ranging from applied research to low rate initial production supporting four mission areas - expeditionary warfare, irregular warfare, special operations and stabilization and reconstruction. This support will help USSOCOM leverage emerging research and development technologies and focus benefits to sustain operational superiority. SAIC is one of seven awardees that will compete for task orders under the contract.
"We look forward to continuing our work with the special forces community to rapidly develop and field solutions to help address emerging threats," said John Fratamico, 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 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 $10.8 billion for its fiscal year ended January 31, 2010. For more information, visit http://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, 2010, 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
(703) 676-6762
Melissa.l.koskovich@saic.com
Laura Luke
(703) 676-6533
laura.luke@saic.com
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