SAIC Awarded Contract by Transportation Security Administration (TSA)
Company to Provide Hazardous Materials Management and Disposal Services
MCLEAN, Va., March 19, 2012 /PRNewswire via COMTEX/ --Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the Transportation Security Administration (TSA) to provide hazardous materials management and disposal services at all TSA airport operations and facilities. The single-award contract has an overall period of performance up to five years, including options, and a contract value of more than $46 million if all options are exercised. Work will be performed at all TSA continental U.S., Alaska, Hawaii, South Pacific, and U.S. Virgin Islands airport locations.
TSA is an agency of the U.S. Department of Homeland Security (DHS) that protects the nation's transportation systems to ensure freedom of movement for people and commerce. Under the contract, SAIC will provide hazardous materials management and disposal services, including: regulatory support to ensure compliance with Federal, State, and local hazardous materials and hazardous waste regulations; treatment, storage, and disposal facility due diligence audits; development, management, and operation of an online documentation and recordkeeping system; emergency and spill response support; development and execution of training programs; and final treatment and disposal of more than 1.5 million pounds of hazardous waste per year.
"This contract award represents the continuation of more than eight years of SAIC support to TSA," said JT Grumski, SAIC senior vice president and business unit general manager. "Having helped stand-up this one-of-a-kind program, SAIC is very pleased to have the opportunity to continue to support our nation's security missions and to help ensure the safe and compliant tracking, management, and disposal of more than 1.5 million pounds of hazardous waste each year."
About SAIC SAIC is a FORTUNE 500® 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 & environment, health, and cybersecurity. The company's approximately 41,000 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 approximately $11 billion for its fiscal year ended January 31, 2011. For more information, visit http://www.saic.com/. SAIC: From Science to Solutions®
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, 2011, 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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