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Last updated on April 16, 2014 at 17:34 EDT

SAIC Awarded Contract by Transportation Security Administration

July 9, 2012

MCLEAN, Va., July 9, 2012 /PRNewswire/ — Science Applications International Corporation (SAIC) (NYSE: SAI) and Reveal Imaging Technologies, Inc., an SAIC company, announced today it was awarded a prime contract by the Transportation Security Administration (TSA) to provide systems equipment, installation, training and maintenance services for the CT-80DR+ Reduced-Size Explosive Detection Systems (RSEDS). The delivery order has a three-year base period of performance and a total contract value of approximately $20 million, and was awarded under an indefinite-delivery/indefinite-quantity (IDIQ) contract with a five-year period of performance and a total contract value of approximately $127 million. Work will be performed primarily in Vista, Calif.

TSA protects the nation’s transportation systems to ensure freedom of movement for people and commerce. RSEDS machines quickly determine if checked luggage contains potential explosive materials, and alerts security officers if such threats are detected. Under the contract, SAIC will provide systems equipment, installation, training and maintenance services for the CT-80DR+, including: training simulation for initial testing, evaluation and validation; manufacturing, installation, testing and training during the implementation period; and maintenance and other support during operation.

“We are thrilled to have the opportunity to provide the TSA with the latest in RSEDS technology and we look forward to continuing to work with the TSA to improve the safety of U.S. air travel,” said Alexander Preston, SAIC senior vice president and business unit general manager.

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 and the environment, critical infrastructure, and health. The Company’s approximately 40,000 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 $10.6 billion for its fiscal year ended January 31, 2012. 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, 2012, 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.

    Contact: Melissa Koskovich            Jennifer Gephart
             (703) 676-6762               (703) 676-6389
             Melissa.l.koskovich@saic.com Jennifer.a.gephart@saic.com

SOURCE SAIC


Source: PR Newswire