SAIC Awarded Contract by the National Geospatial-Intelligence Agency
Company to Investigate, Integrate, and Sustain Innovative Solutions for Geospatial Intelligence
MCLEAN, Va., Aug 19, 2010 /PRNewswire via COMTEX/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded the Total Application Services for Enterprise Requirements (TASER) contract by the National Geospatial-Intelligence Agency (NGA) to research and implement innovative solutions to emerging critical geospatial intelligence requirements. The multiple award, indefinite-deliver/indefinite-quantity contract has a five-year base period and a total value of $1 billion for all awardees.
NGA is a DoD combat support agency and a member of the national Intelligence Community. The agency's mission is to provide timely, relevant, and accurate geospatial intelligence (GEOINT) in support of national security. Under the TASER contract, SAIC and other contractors will compete for work supporting NGA's mission in all four of the TASER functional categories: engineering and trade studies; pilots and prototypes; integration and deployment; and application sustainment. SAIC's work on subsequent task orders will expand the company's mission capability integrator role.
"We look forward to continuing our service to the NGA by evaluating and integrating new geospatial technologies and sustaining current GEOINT applications and infrastructure services," said Stu Shea, SAIC group president.
SAIC is a FORTUNE 500(R) 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 http://www.saic.com/. SAIC: From Science to Solutions(R)
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.
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