SAIC Awarded Contract by U.S. Defense Intelligence Agency
MCLEAN, Va., July 14, 2011 /PRNewswire/ — Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the U.S. Defense Intelligence Agency (DIA) to provide measurement and signature intelligence services in support of the National Measurement and Signature Intelligence (MASINT) Office. The multiple-award, indefinite-delivery/indefinite quantity (IDIQ) contract has a one-year base period of performance and four one-year options. Work will be performed primarily in the National Capital Region.
The DIA is the central agency for MASINT collection within the U.S. Intelligence Community. It provides military intelligence to warfighters, defense policymakers and force planners within the Department of Defense. Under the contract, SAIC will provide measurement and signature intelligence services, as required, to assist DIA in executing its responsibilities as the MASINT functional manager for the intelligence community. SAIC is one of five contractors that will compete for task orders under the contract. This new contract will allow SAIC and its team to continue it’s over 15 years of support to this critical intelligence area.
“We look forward to continuing to deliver cutting edge technologies and services to the DIA and intelligence community in support of their vital missions,” said John Thomas, 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 41,000 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 $11.1 billion for its fiscal year ended January 31, 2011. 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, 2011, 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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