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SAIC Awarded $37 Million Task Order by Naval Surface Warfare Center – Crane Division

February 23, 2010

MCLEAN, Va. and SAN DIEGO, Feb. 23 /PRNewswire-FirstCall/ — Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a task order by the Naval Surface Warfare Center (NSWC) – Crane Division to provide technical and training support to the U.S. Navy Special Warfare’s Special Operating Forces (SOF), and other DoD Agencies. The follow-on task order has a two year base period of performance, three one-year options, and a total value of more than $37 million, if all options are exercised. Work will be performed at the NSWC in Crane, Ind., and at other customer locations as required. The task order was awarded under the U.S. Navy’s SeaPort-e contract.

NSWC Crane maintains a full spectrum research, development, acquisition, support, and test and evaluation capabilities for surface warfare combat, and weapons, hull, mechanical, and electrical systems. Under the task order, SAIC will continue to support NSWC’s Joint Forces and Support Branch by providing a wide-range of technical and training support for SOF programs. SAIC will also develop, coordinate, conduct, and monitor logistical requirements.

“We look forward to continuing our support of NSWC Crane by helping provide SOF warfighters with the advanced skills, training, and weapons familiarity required to perform their critical missions in any environment,” said Tom Baybrook, SAIC senior vice president and business unit 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 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. Headquartered in McLean, Va., SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit 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, 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.


    Contact:       Melissa Koskovich              Laura Luke
                    (703) 676-6762                (703) 676-6533
                    Melissa.l.koskovich@saic.com  laura.luke@saic.com

SOURCE SAIC


Source: newswire



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