SAIC Awarded Task Order by The Defense Threat Reduction Agency

Company to Provide Sustainment and Maintenance Support Services

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May 22, 2014, 04:05 ET

MCLEAN, Va., May 22, 2014 /PRNewswire/ -- The Defense Threat Reduction Agency (DTRA) awarded Science Applications International Corporation (NYSE: SAIC) a task order to provide sustainment and maintenance support services. The single-award, cost-plus-fixed-fee task order has a one-year period of performance, one 12- month option and a total contract value of approximately $13 million. The task order was awarded under the DTRA contracting vehicle, which provides integrated logistics services, including procurement, shipping, warehousing, international travel support, and program support for worldwide Cooperative Threat Reduction (CTR) operations. Work will be performed globally, including areas within Africa, Asia and the Middle East.

DTRA is the U.S. Department of Defense's official Combat Support Agency for countering weapons of mass destruction. Under this task order, SAIC will provide sustainment support to CTR funded programs, including material acquisition, receipt, storage, movement, distribution, maintenance, evacuation, and disposition. Types of materials to be purchased must support CTR mission objectives and can range from equipment, reagents, supplies and consumables to transportation vehicles. Additionally, SAIC will provide maintenance support services, which include facilities and infrastructure maintenance, operation and disposition, and infrastructure assessment, repairs, maintenance.

"SAIC's long-standing support to DTRA and DoD programs has allowed us to expand our efforts worldwide to support their CTR mission," said Mark Escobar, SAIC senior vice president and general manager of the DoD Agencies and Commands Customer Group. "This is a critical international mission that we are proud to be a part of alongside DTRA's team."

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 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 on Form 10-K 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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