SAIC Awarded $40 Million Task Order by the U.S. Naval Surface Warfare Center Crane Division
MCLEAN, Va., Jan. 26, 2011 /PRNewswire/ — Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a task order by the U. S. Naval Surface Warfare Center (NSWC) Crane Division to provide systems engineering and lifecycle integration support. The follow-on task order has a one year base period of performance, four one-year options and a total value of $40 million if all options are exercised. The task order was awarded for NSWC’s Small Arms Platform Integration Branch under the Navy SeaPort-e contract.
NSWC Crane is a shore command of the United States Navy under the Naval Sea Systems Command. It works to harness the power of technology for the warfighter and specializes in full lifecycle support in three mission focus areas: special missions, strategic missions, and electronic warfare/information operations. Under the task order, SAIC will continue to provide NSWC Crane with full lifecycle support for its products and services in areas including protyping; system and platform integration; electromagnetic, system and sub-system analysis and testing; evaluation and certification; safety review; configuration management; logistics; and technology insertion.
“We look forward to continuing our support of NSWC Crane by providing warfighters with advanced technologies to support mission performance at lower cost and increased efficiency,” 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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