SAIC to Provide Security Services to DHS Customs and Border Protection
SAN DIEGO and MCLEAN, Va., Feb. 22 /PRNewswire/ -- Science Applications International Corporation (NYSE: SAI) today announced it won a contract from the Department of Homeland Security (DHS) to provide security services to Customs and Border Protection.
The single-award time and materials contract has a one-year base period, four one-year options and a total value of $39.2 million, if the customer exercises all options. As required by the customer throughout the contract, SAIC will perform work including certification and accreditation, security risk assessments, security test and evaluation, system architecture, communication security services, and technology policy and administration.
"We are pleased with our selection by DHS to continue our work on this important program for the Security and Technology Policy Branch," said Larry Cox, SAIC senior vice president and Intelligence and Information Solutions Business Unit general manager. "We are proud to support a program that has such a profound impact on the protection of our homeland."
SAIC is a leading provider of scientific, engineering, systems integration and technical services and solutions to all branches of the U.S. military, agencies of the Department of Defense, the intelligence community, the U.S. Department of Homeland Security and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With more than 44,000 employees in over 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers' mission-critical functions. SAIC had annual revenues of $7.8 billion for its fiscal year ended January 31, 2006.
SAIC: FROM SCIENCE TO SOLUTIONS (TM)
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 final prospectus relating to its initial public offering, and such other 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.
SOURCE SAIC
02/22/2007
CONTACT: Ron Zollars, San Diego, +1-858-826-7896, zollarsr@saic.com, or
Melissa Koskovich, McLean, +1-703-676-6762, koskovichm@saic.com, both of SAIC
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