SAIC Awarded $14 Million Contract to Deliver Renewable Energy Generation Facility

McLEAN, Va., Oct. 5 /PRNewswire/ -- Science Applications International  Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by Terra Gen Sierra Holdings, LLC, an affiliate of Terra-Gen Power, a renewable energy company focused on geothermal, wind and solar generation, to engineer, procure and construct  a binary geothermal power plant in Churchill County, NV adjacent to the existing Dixie Valley geothermal facility. The contract is valued at more than $14 million, and the project is scheduled for completion by January of 2012. Work will be performed by SAIC's wholly owned, design-build subsidiary, The Benham Companies LLC.

Geothermal energy is a renewable source of electricity. It is  a clean, environmentally friendly, sustainable method of electrical power generation. Under the contract, SAIC will provide design-build services to deliver a new 6.6 megawatt binary plant manufactured by Turbine Air Systems, a Houston, Texas, based company.

"Geothermal power plants are cost effective, reliable, sustainable, and environmentally friendly. The adoption of this technology is key to achieving our country's sustainability goals," said J.T. Grumski, SAIC senior vice president and business unit general manager. "We look forward to delivering a quality facility to Terra Gen, and further demonstrating SAIC's expertise in the geothermal renewable energy market."

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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