SAIC Awarded GSA IT Schedule 70 Contract

Company to provide information technology professional services

News provided by

Oct 08, 2014, 07:50 ET

MCLEAN, Va., Oct. 8, 2014 /PRNewswire/ -- The U.S. General Services Administration (GSA) Office of Integrated Technology awarded Science Applications International Corp. (NYSE: SAIC) with the General Purpose Commercial Information Technology Equipment, Software and Services (IT Schedule 70) contract to support federal agencies and state, local, and tribal entities. The multiple-award, indefinite delivery/indefinite quantity (IDIQ) contract has a five-year base period of performance, and three five-year options.

SAIC will provide information technology professional services through this Schedule contract. IT Schedule 70 is the largest, most widely used acquisition vehicle in the federal government. It provides direct access to products, services, and solutions from more than 5,000 certified industry partners.

Under the contract, SAIC will provide information technology professional services, including facility management, systems development services, systems analysis services, automated information systems services, programming services, backup and security services, data conversion services, computer aided design/computer aided manufacturing (CAD/CAM) services, network management services, and creation/retrieval of IT related data services.

"IT Schedule 70 is an innovative approach to provide a wide range of IT services to the federal government," said SAIC Sector President Nazzic Keene. "We are excited to be a trusted vendor for government agencies to obtain software products, support, training, and consulting services at approved pricing and with license terms."

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 13,000 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. For ongoing news, please visit our newsroom.

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 Annual Report or Form 10-K 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