SAIC Awarded Contract by Defense Logistics Agency

MCLEAN, Va., Aug. 16 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a prime contract by the Defense Logistics Agency (DLA) – Land and Maritime, Columbus, Ohio to support the Anniston Army Depot (ANAD), Anniston, Ala., the Red River Army Depot (RRAD), Texarkana, Texas, and U.S. military customers around the world. The single award, indefinite-delivery/indefinite-quantity contract has a four year base period of performance, two two-year options and a total contract ceiling of $241 million. Work will be performed primarily at ANAD and RRAD.

The depots support vehicle maintenance for the U.S. Army, Navy, Air Force and Marine Corps. Under the contract, SAIC will provide supply chain management of industrial hardware and repair parts required for the repair of military vehicles. SAIC will also provide services including collaborative demand forecasting, parts acquisition, storage, delivery, inventory management, quality assurance, data management, field-based customer support; and order processing and fulfillment.  

"We look forward to working side-by-side with our customers at ANAD and RRAD, efficiently and cost-effectively distributing products directly to vehicle maintenance lines, enabling the repair of critical assets without delay in support of DLA's mission," said Glenn San Giacomo, 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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