SAIC Awarded Contract by the Naval Air Systems Command

MCLEAN, Va., Oct. 4 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a follow-on contract by the Naval Air Systems Command (NAVAIR) to provide financial, program, and business analysis support to the Naval Air Warfare Center Aircraft Division's (NAWCAD) Comptroller Department and Program and Business Analysis Division, also known as the Business and Financial Management Community (BFMC). The multiple-award contract has a one-year base period of performance, four one-year options and a total value of more than $49 million for all awardees, if all options are exercised. Work will be performed in Patuxent River, Md. and Lakehurst, N.J.  

The BFMC provides business and financial services and products that help improve performance, quality, timeliness, and efficiency throughout NAVAIR and NAWCAD. The department also acts as a liaison to NAVAIR's Enterprise Resource Planning (ERP) Business Office and the U.S. Navy ERP Program Office, and provides support for special programs and studies. Under the contract, SAIC will provide specialized analytical support in areas including special programs, budget (formulation and execution), workload planning, data warehousing, manpower management, and technical acquisition assistance.

"We look forward to continuing our support of this important customer, providing quality financial, program, and business analysis services to meet their critical mission needs," said Jim Thigpen, 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

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED