SAIC Awarded Contract By General Services Administration (GSA)
MCLEAN, Va., Nov. 22, 2011 /PRNewswire/ — Science Applications International Corporation (SAIC) [NYSE: SAI] today announced it has been awarded a competitive indefinite delivery, indefinite quantity (IDIQ) contract by the General Services Administration (GSA) to provide telecommunication equipment and support services. The multiple-award contract has a period of performance of three years, three months base period of performance, with six one year options, and a not-to-exceed ordering contract ceiling value of $5 billion for all awardees, if all options are exercised.
“This contract award is an opportunity for SAIC to continue our long time support of GSA and its government customers,” said Jim Cuff, executive vice president for Business Development, Strategy, and Mergers and Acquisitions.
Government agencies will use the Connections II contract to meet their equipment, building, and campus telecommunications infrastructure needs both within the continental United States and in foreign countries with the approval of the task order Contracting Officer. Connections II will also provide professional services to support existing networks and design customized client-specific solutions in both unclassified and classified environments.
SAIC designed and implemented some of the Federal Government’s largest military and civilian networks. These networks range from metropolitan, campus and local-area networks to world-wide carrier-grade backbone networks. For the DoD, the company has transitioned nearly 1.5 million services from FTS 2001 to Networx.
“We look forward to supporting the telecommunications infrastructure needs of the US Government around the world,” said Rick Reynolds, SAIC senior vice president and acting business unit general manager.
SAIC is a FORTUNE 500Ã‚® 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 www.saic.com. SAIC: From Science to SolutionsÃ‚®
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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