SAIC Awarded $10 Million Contract By General Services Administration

MCLEAN, Va., May 31, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the General Services Administration (GSA) to provide information technology (IT) strategy and support services to the U.S. Department of Veterans Affairs (VA) Office of Information & Technology (OI&T).  The single-award contract has a one year base period of performance, two one-year options, and a total value of $10 million if all options are exercised.  Work will be performed primarily in Washington, D.C.

The VA's OI&T delivers adaptable, secure and cost effective technology services across the VA enterprise, and acts as a steward for all of VA's IT assets and resources.  Under the contract, SAIC will provide IT services and strategies for implementing the goals and objectives of the VA's mission. The work performed by SAIC will include: identification and implementation of organizational and project performance metrics; development and maintenance of a strategic information resources management plan; development of support functions; business strategy analysis; documentation; IT strategy training; and communications planning.  

"We look forward to helping the VA establish and maintain a clear and repeatable IT strategic planning process and framework that enables OI&T to align its strategic, financial, and operational business plans to ensure timely benefits and services for veterans and their families," said Steve Comber, SAIC senior vice president and business unit general 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 43,000 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 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, 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.

SOURCE SAIC

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