SAIC Awarded Contract to Assist the Air Force in Its Alternative Infrared Satellite System Risk Reduction Program
SAN DIEGO and MCLEAN, Va., Oct 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Science Applications International Corporation (NYSE: SAI) announced today it won a cost-plus award fee contract from the Air Force Research Laboratory and Space Vehicles Directorate (AFRL/VS) with a ceiling value of approximately $25 million, and a 29-month period of performance.
Under this contract, SAIC will supply a qualification model payload to AFRL/VS for their Risk Reduction-AIRSS program including system engineering; optics and electronics hardware design and development; software design and development; engineering integration; and environmental, performance and acceptance testing. Work will be performed primarily in San Diego and Seal Beach, Calif., and Albuquerque, N.M.
As part of this process, the SAIC team will design, build, integrate and test an innovative infrared (IR) sensor assembly for space applications, and integrate the latest IR focal plane arrays, and readout electronics. They also will process data relevant to the Air Force's missile warning and missile defense missions.
"SAIC has a 30-year heritage in space hardware development, designing and fielding successful, on-orbit electro-optical, infrared space payloads using commercial-off-the-shelf and state-of-the-art components," said Charles Gilman, SAIC vice president and operations manager in the Research, Development, Test and Evaluation Group. "Through this contract, we can help our customer respond to critical, real-world missions.
It's an honor for our dedicated scientists and engineers to work with the Air Force toward improving space-based imaging capabilities."
The SAIC team includes leading contractors in the field of space-based imaging, and approximately 75 percent of these team members are small businesses. As a result, the SAIC team will be providing AFRL with technical expertise, while at the same time, continuing to support government small business participation goals.
"We are honored to support AFRL in developing scientific solutions to space-based imaging problems," said John Fratamico, Jr., SAIC senior vice president and a business unit manager in the Research, Development, Test and Evaluation Group. "SAIC is committed to delivering effective solutions and an effective working relationship with AFRL."
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 43,000 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 the 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
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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