SAIC Wins $108 Million Contract to Support Navy Tactical Mobile Program
Company to Provide Systems Engineering and Technical Support Services
MCLEAN, Va., April 5 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a prime contract by the Space and Naval Warfare Systems Command (SPAWAR) to provide systems engineering and technical support services to the Navy Tactical Mobile (TacMobile) Program. The single-award contract has a one-year base period of performance, four one-year options and a total contract value of more than $108 million if all options are exercised. Work will be performed in Charleston, S.C., and Patuxent River, Md.
The TacMobile Program provides the ground support elements for pre-flight mission planning, in-flight data processing, and post-flight data processing and analysis for maritime patrol aircraft in performance of anti-submarine warfare and intelligence, surveillance and reconnaissance missions. Under this contract, SAIC will provide integration and testing of TacMobile hardware, engineering services for maintenance and support of currently fielded TacMobile systems, and design engineering services to support future system upgrades and technical refreshes.
"SAIC has a long history of supporting TacMobile systems and we are pleased to be selected by SPAWAR for this important contract," said Debbie James, SAIC senior vice president and business unit general manager. "The services we provide will support evolving operational requirements, aircraft assets, and data sharing requirements while helping to reduce costs through efficient integration of new capabilities."
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 $10.8 billion for its fiscal year ended January 31, 2010. 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, 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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