SAIC Awarded $45 Million Task Order by Naval Surface Warfare Center Crane Division
MCLEAN, Va., Nov. 11, 2010 /PRNewswire/ — 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 engineering services to the Spectrum Warfare Systems Department. The task order has a three-year base period of performance, two one-year award term periods, and a total value of more than $45 million, if all award term periods are exercised. Work will be performed at NSWC Crane in Crane, Ind. and other locations as required. The task order was awarded under the U.S. Navy’s SeaPort-e contract.
NSWC Crane is a field activity of Naval Sea Systems Command (NAVSEA) supporting the advancement of technology to provide an affordable future fleet. Under the task order, SAIC will provide engineering, scientific, logistics and data management services to the Spectrum Warfare Systems Department.
“We look forward to continuing our support of NSWC with the advanced defensive technologies required to allow them to perform their critical missions and keep the warfighter safe,” said Tom Baybrook, SAIC senior vice president and 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 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 $10.8 billion for its fiscal year ended January 31, 2010. 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, 2010, 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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