SAIC Awarded $28 Million Contract to Support U.S. Navy Strategic Systems Programs Command

MCLEAN, Va., Feb. 28, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it was awarded a prime contract by the U.S. Navy Strategic Systems Programs (SSP) Command to provide project management planning and systems integration services in support of the Navy's enterprise resource planning (Navy ERP) program. The contract has a one-year base period of performance with three one-year options, and a total value of more than $28 million if all options are exercised.

The SSP Command directs the development, production, logistic support, and sustaining engineering effort of the Navy's strategic weapon systems. Under this contract, SAIC will provide systems integrator assistance, support, and expertise across all deployment phases to prepare, implement, deploy, and sustain the Navy ERP application across the SSP Command components.  

"We look forward to providing quality implementation services to help the Navy develop and sustain applications effectively across critical command components," said Jim Thigpen, SAIC senior vice president and business unit general manager. "These enhanced systems will enable the SSP Command to effectively accomplish its traditional mission of sea-based deterrence while undertaking work in new, complementary fields."

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 $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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