SAIC Awarded Contract to Support SPAWAR and Office Of The Secretary Of Defense

Company to Provide Systems Engineering and Technical Support Services for its Defense Readiness Reporting System

News provided by

Mar 06, 2014, 04:05 ET

MCLEAN, Va., March 6, 2014 /PRNewswire/ -- Science Applications International Corporation (NYSE: SAIC) announced today it was awarded a prime contract by the Space and Naval Warfare Systems Center Pacific in support of the Office of the Secretary of Defense to provide systems engineering and technical support services for its Defense Readiness Reporting System (DRRS). The multiple-award, cost-plus-fixed-fee contract has a three-year base period of performance, two one-year options, and a total potential contract value of approximately $68 million for all awardees, if all options are exercised. SAIC is one of four awardees that will compete for task orders under the contract. Work will be performed primarily in McLean, Va., San Diego, Calif., and government facilities in the Washington, D.C. metropolitan area.

DRRS provides the means to manage and report the readiness of the U.S. Department of Defense (DoD) and its subordinate components to execute the national military strategy. The system is designed to capture and display detailed readiness data from combatant and support commands to assess DoD combatant commanders, services, and agencies with current and projected warfare mission capability. Under the contract, N66001-13-D-0074, SAIC will provide services and management support for the DRRS and its modules, including systems engineering, software design/development, systems integration, testing, installation, training, life-cycle maintenance, system documentation, procurement, and help desk services. SAIC will also provide similar support for systems that interface and exchange data with DRRS.

"SAIC's past performance in systems engineering, integration, and life-cycle support for the DRRS program and other similar systems have prepared us to help our customer successfully execute this program," said Tom Watson, SAIC Navy and Marine Corps Group senior vice president.

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.

Logo - http://photos.prnewswire.com/prnh/20131008/PH94180LOGO

SOURCE SAIC