U.S. Army Awards Common Army Ranges and Target Systems (CARTS) Contract to SAIC
Company to Provide Systems Engineering and Integrated Solutions to Support Training Ranges Worldwide
MCLEAN, Va., Oct. 6 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a new prime contract by the U.S. Army Program Executive Office for Simulation, Training and Instrumentation, to provide technical solutions to support the modernization of Army training ranges worldwide. The multiple award, indefinite-delivery/indefinite-quantity contract has a one-year base period of performance, four one-year options, and a total ceiling value of $400 million for all awardees if all options are exercised.
The Common Army Ranges and Target Systems (CARTS) contract will support the modernization of existing training ranges by integrating new devices and target systems. These modernization efforts will be compliant with Future Army System of Integrated Targets (FASIT), the Army's program that establishes a common standard for performance, communication, and protocol associated with targets and devices used at all Army training ranges. SAIC will be eligible to compete for task orders to provide systems engineering, integrated solutions and installation services to support the development of range instrumentation systems and infrastructures.
"SAIC is pleased to be selected for this important new contract," said Beverly Seay, SAIC senior vice president and business unit general manager. "The solutions that we provide will help the Army modernize the ranges used to train soldiers and enhance mission readiness."
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.
Contact: |
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Melissa Koskovich |
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(703) 676-6762 |
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Laura Luke |
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(703) 676-6533 |
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SOURCE SAIC
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