SAIC Awarded Contract by the U.S. Army Human Resources Command

Company to Provide Full Lifecycle Human Resources and IT Support

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Mar 17, 2014, 06:00 ET

MCLEAN, Va., March 17, 2014 /PRNewswire/ -- Science Applications International Corporation (NYSE: SAIC) today announced that it was awarded a task order to provide the U.S. Army Human Resources Command with full lifecycle information technology (IT) support, including maintenance, enhancement and development support for systems, programs, applications, and databases vital to managing the Army's personnel, in peacetime and at war. The single award task order has a one-year base period of performance, two one-year options and a total contract value of approximately $221 million if all options are exercised. Work will be performed primarily in Fort Knox, Ky.

The U.S. Army Human Resources Command executes career management, sustainment, distribution, and transition of Army personnel in order to optimize its personnel readiness, enable leader development, and strengthen an agile and versatile Army.

Under the contract, SAIC will provide a full spectrum of human resources and information technology solutions through development, sustainment, and integration of systems, services, and applications that support the war fighter and all Army personnel, which include Army Human Resources Command; Army Recruiting Command; Army Cadet Command and Army Reserve and National Guard soldiers, veterans and families.

"We are pleased to continue and expand our current support to this critical program as they meet the challenges of transformation and soldier service," said John Gully, SAIC senior vice president and general manager of the Army and Air Force Customer Group.

About SAIC

SAIC is a leading technology integrator providing full life-cycle services and solutions in the technical, engineering, and enterprise information technology markets. SAIC's deep domain knowledge and customer relationships enable the delivery of systems engineering and integration offerings for large, complex government and commercial projects. SAIC's approximately 14,000 employees serve customers in the U.S. federal government, state/local, and global commercial markets, specializing in providing a broad range of higher-end, differentiated technical capabilities. Headquartered in McLean, Va., SAIC has annual revenues of about $4 billion. For more information, visit http://www.saic.com/.

Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and 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 Form 10 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.

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