SAIC Awarded $41 Million Task Order to Support Naval Surface Warfare Center (NSWC) Indian Head Division

MCLEAN, Va., April, 14, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a task order by the U.S. Naval Surface Warfare Center (NSWC), Indian Head Division to provide the Department of Defense (DoD) with a scientific research program to help enable equipment and infrastructure lifecycle and sustainment enhancements. The task order has a one-year base period of performance, four one-year options, and a total value of more than $41 million if all options are exercised. Work will be performed primarily in Indian Head, Md. The task order was awarded under the U.S. Navy's SeaPort e-contract.

The DoD 2009 Cost of Corrosion study estimates that the U.S. Navy spends more than $6 billion annually to address corrosion and other forms of materials degradation. Under the task order, SAIC will help address this challenge by providing the DoD with an effective scientific research program that concentrates on materials degradation exploration and advanced materials development. The understanding gained from these studies will help the DoD implement lifecycle and sustainment improvements based on true total ownership cost. SAIC will also provide scientific, engineering, logistical, and programmatic support of this effort in areas including environmental compliance, specification development, test and evaluation, and training and education.  

"Warfighter assets degrade asymmetrically, driving the need for material readiness, supply chain optimization, and new technology development and implementation," said J.T. Grumski, SAIC senior vice president and business unit general manager. "We look forward to working with the Indian Head Division to help meet this need by bringing the right people, systems, and technology together to develop an effective research program to help reduce lifecycle costs and increase the sustainability of military equipment and infrastructure."

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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