SAIC-Led Industry Team to Pursue Ground Combat Vehicle Program

MCLEAN, Va., May 24 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it will lead a team to pursue the U.S. Army's Ground Combat Vehicle (GCV) program.  The SAIC-led team submitted its proposal for the technology development phase of the Infantry Fighting Vehicle (IFV) being developed under the GCV effort to the U.S. government and is competing for one of an anticipated three contract awards.  

"GCV is of vital importance to our nation as it is the first combat vehicle that is designed to be adaptable to the full range of military operations and protect our soldiers from current and emerging threats," said Deborah Alderson, SAIC Defense Solutions Group president.  "Our approach is to leverage the investments made in the Manned Ground Vehicle program and the Puma Infantry Fighting Vehicle to produce an American IFV designed for the challenges our warfighters are facing today as well as those of future conflicts."    

SAIC is teamed with three large enterprises, Krauss-Maffei Wegmann (KMW), Rheinmetall Defence (RMD) and the Boeing Company. As proposed, the vehicles would be developed in concert with the Army's Materiel Enterprise, and built in the U.S. with almost half of the work planned for small and mid-tier American companies. The SAIC team, called Team Full Spectrum, is proposing a vehicle it believes should be well-positioned to meet the Army's accelerated development needs because of its MGV and Puma heritage.  The Puma is the only production-ready IFV designed from the ground up since Sept. 11, 2001, and incorporates the lessons of the wars in Iraq and Afghanistan.

"The best part of this approach is that we can use technology already developed to quickly get this system into the hands of those who need it the most - American soldiers," Alderson said.

The U.S. Army's Ground Combat Vehicle program is part of a holistic Army plan to modernize its combat vehicle fleet.

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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