SAIC Awarded Contract by U.S. Army Space and Missile Defense Command (USASMDC)

MCLEAN, Va., Jan. 5, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the U.S. Army Space and Missile Defense Command (USASMDC) to provide modeling, simulation, analysis and integration support to warfighters. The multiple award, indefinite-delivery/indefinite-quantity (IDIQ)  contract has a three year base period of performance, two two-year options and a total ceiling value of more than $343 million for SAIC.  

USASMDC conducts space and missile defense operations and provides planning, integration, control and coordination of Army forces and capabilities in support of U.S. Strategic Command missions.  Under the contract, SAIC will provide the Army and other services advanced capabilities and defense technologies as required for modeling, simulation and analysis, and integration of space and missile defense issues.  SAIC will also help design and build technologies as needed to help the Army combat existing and future space and missile defense challenges.  Under the contract, SAIC is one of two companies eligible to compete for future task orders.  

"This contract will enable the SAIC team to develop and deliver advance solutions to support our warfighters," said John Fratamico, SAIC senior vice president and business unit general manager. "We look forward to leveraging innovative technologies to address the Army's critical space and missile defense challenges."  

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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