SAIC Awarded Contract By Sandia National Laboratories

MCLEAN, Va., April 8, 2013 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced it was awarded a prime contract by Sandia National Laboratories to provide mission computing and information technology (IT) services in support of the Department of Energy (DoE). The single award, indefinite-delivery/indefinite-quantity (IDIQ) contract has five-year base period of performance, one two-year option, and a total contract value of approximately $228 million, if the option is exercised. Work will be performed primarily in Albuquerque, N.M. and Livermore, Calif.

Sandia National Laboratories mainly supports the DoE's National Nuclear Security Administration by delivering science and technology support to solve national security issues. SAIC was awarded one of three contracts that consolidate IT services for Sandia. Under the contract, SAIC will provide mission-specific IT research, development, and integration of capabilities while maintaining high-performance and central hosting computing, desktop services and cybersecurity.

"SAIC will work closely with Sandia to streamline and integrate their IT services," said Dan Harris, senior vice president and business unit general manager. "We have been providing services to Sandia for more than 30 years and we look forward to continuing our support of their mission." 

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 40,000 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 approximately $11.2 billion for its fiscal year ended January 31, 2013.  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, 2013, 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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