SAIC Awarded Contract To Support U.S. Transportation Security Administration – Office Of Security Technology
SAN DIEGO and MCLEAN, Va., Nov. 2 /PRNewswire-FirstCall/ — Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a prime contract by the U.S. Transportation Security Administration (TSA) to provide security equipment integration services to the Office of Security Technology (OST). The multiple award indefinite delivery/indefinite quantity contract has a five year period of performance and a ceiling value of $500 million for all awardees. Work will be performed at TSA facilities both inside and outside the continental United States.
Under the contract, SAIC and other contractors will support the update of security equipment at TSA locations nationwide. Contractors may also help oversee the execution of rapid installation of equipment.
“Threats to our transportation system continue to evolve and are more sophisticated than ever before,” said John Ferriter, SAIC senior vice president and business unit general manager. “We look forward to helping TSA rapidly field screening equipment, using every tool possible to address those threats and develop methods of combating them – this use of technology will help us stay ahead of those intent on harming our nation.”
SAIC is a FORTUNE 500(Ã‚® )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 45,000 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. SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit www.saic.com.
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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, 2009, 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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