SAIC Wins Contract to Provide Security and Force Protection Services to Department of Defense
Company to Develop and Maintain Electronic Security Systems and Automated Control Systems
MCLEAN, Va., Feb. 2, 2011 /PRNewswire via COMTEX/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a contract by the U.S. Army, Engineering and Support Center, Huntsville to provide physical security and force protection systems in support of the Department of Defense (DoD) and other government agencies. The multiple award, indefinite-delivery/indefinite-quantity (IDIQ) contract has a three year base period of performance, one two-year option and a ceiling value of $650 million dollars for all awardees.
Huntsville Center provides a wide range of security system-related services to U.S. Government agencies worldwide. These services embrace physical security, force protection, anti-terrorism, and vulnerability reduction. Under the contract, SAIC will develop, procure, install and maintain electronic security systems and automated control systems as required, helping meet physical security and force protection requirements. SAIC is one of five awardees that will compete for task orders under this contract.
"SAIC has a demonstrated track record of delivering world class physical security and force protection capabilities to our customers," said John Thomas, SAIC senior vice president and business unit general manager. "We look forward to working with the Huntsville Center to provide critical protection capabilities for people, assets and information."
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 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.
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