SAIC Awarded $102 Million Contract to Provide Logistics Services to 1st Theater Sustainment Command

MCLEAN, Va., Jan. 24, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the 1st Theater Sustainment Command (1st TSC) to provide logistics services in support of 1st TSC activities throughout the U.S. Central Command (CENTCOM) area of responsibility. The contract has a one year base period of performance, four one-year options, a six month extension, and a total value of more than $102 million if all options are exercised. Work will be performed primarily in Kuwait.  

The 1st TSC provides logistical support across the CENTCOM theater of operation, executing operational sustainment, and conducting coalition, joint, reception, staging, and onward movement; redeployment and re-posturing of forces and infrastructure sustainment. Under the contract, SAIC will support munitions storage and resupply efforts by helping the 1st TSC and operating the  ammunition supply point and theater storage area activities. These activities include storage, accountability, and distribution of ammunition stocks.

"We are honored to support the 1st TSC and look forward to providing unparalleled munitions support to the entire theater," said Glenn SanGiacomo, 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 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.

SOURCE SAIC

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