SAIC Awarded Contract by Federal Highway Administration

MCLEAN, Va., June 15, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the Federal Highway Administration (FHWA) to provide technical and programmatic services in support of the Office of Freight Management and Operations (HOFM) and the U.S. Department of Transportation.  The multiple award, indefinite-delivery/indefinite-quantity (IDIQ) contact has a two year base period of performance, three one-year options, and a contract ceiling value for SAIC of more than $19 million, if all options are exercised.  

The HOFM promotes efficient, seamless, and secure freight flow within the U.S. transportation system and across U.S. borders. Under the contract, SAIC will provide technical and programmatic services as required, and will support the international transportation system, which promotes economic growth and development, as needed. SAIC is one of seven contractors that will compete for task orders under the contract.

"We understand the complexities involved with freight management and operations, and realize that there is a need to address the challenges involved with moving freight in our nation's transportation system," said Glenn San Giacomo, SAIC senior vice president and business unit general manager.  "We look forward to continuing to work with the FHWA HOFM to promote the safe, reliable and efficient movement of goods."

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 41,000 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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