SAIC Awarded Contract by U.S. Department of Energy

MCLEAN, Va., Jan. 3, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a contract by the U.S. Department of Energy (DOE) to provide environmental clean-up services to the Office of Environmental Management (EM). The multiple award, indefinite-delivery/indefinite-quantity (IDIQ) contract has a five year period of performance and an estimated maximum total value of $907 million for all awardees.  

The mission of the EM program is the environmental remediation of DOE sites throughout the nation. Central to that commitment is the remediation of contaminated sites from nuclear weapons research and production, and the disposal of the resulting radioactive and hazardous waste. Under the contract, SAIC will provide services as required including environmental restoration, waste management, regulatory support, and facility deactivation, decommissioning, decontamination and demolition services. SAIC is one of 11 awardees that will compete for task orders under this contract.

"SAIC has supported the DOE EM program since its inception in 1989, and we understand the importance of EM's mission to clean up the environmental legacy from nuclear weapons development and nuclear research," said JT Grumski, SAIC senior vice president and business unit general manager.  "We look forward to continuing our support of EM by providing effective solutions for the remediation of DOE sites nationwide."

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