SAIC Awarded $282 Million Contract to Provide DLA with Facilities Maintenance Logistics Support

News provided by

Oct 13, 2014, 07:00 ET

MCLEAN, Va., Oct. 13, 2014 /PRNewswire/ -- The Defense Logistics Agency (DLA) awarded Science Applications International Corporation (NYSE: SAIC) an indefinite delivery/indefinite quantity contract to provide maintenance repair and operations (MRO) tailored logistics support (TLS) to Department of Defense (DoD) and federal installations located in Hawaii, Guam and Kwajalein Atoll. The single-award, firm-fixed-price contract has a five-year period of performance and an estimated total contract value of more than $282 million.

"Since 1998, SAIC has been delivering cost-effective, base maintenance products and incidental MRO services to DLA and their customers in the Hawaii region," said Mark Escobar, SAIC senior vice president of Department of Defense Agencies and Commands Customer Group. "We look forward to continuing to provide outstanding customer service, helping DoD and federal customers achieve their mission."

The MRO TLS program allows its customers to order supplies and equipment in order to fulfill their facilities' missions. Under the contract, SAIC will employ commercial business practices to reduce total MRO logistics cost to DLA Troop Support and its customers. SAIC will provide sourcing, procurement and delivery of MRO supplies and incidental MRO services to DoD and federal entities in the Hawaii region. Retail storefront services are also included in SAIC's offering.

About SAIC

SAIC is a leading technology integrator providing full life-cycle services and solutions in the technical, engineering, and enterprise information technology markets. SAIC's deep domain knowledge and customer relationships enable the delivery of systems engineering and integration offerings for large, complex government and commercial projects. SAIC's approximately 13,000 employees serve customers in the U.S. federal government, state/local, and global commercial markets, specializing in providing a broad range of higher-end, differentiated technical capabilities. Headquartered in McLean, Va., SAIC has annual revenues of about $4 billion. For more information, visit http://www.saic.com. For ongoing news, please visit our newsroom.

Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and 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 or Form 10-K 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.

Logo - http://photos.prnewswire.com/prnh/20131008/PH94180LOGO

SOURCE SAIC