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SAIC Awarded $156 Million Contract by USDA Risk Management Agency

Company to provide full life cycle IT services

Category:

Tuesday, December 1, 2015 6:30 am EST

Dateline:

MCLEAN, Va.

Public Company Information:

NYSE:
SAIC
"SAIC has supported USDA RMA for more than 15 years and we are proud to continue to deliver these critical IT services to ensure America’s farmers and ranchers obtain the proper support they need"

MCLEAN, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) was awarded a prime task order to provide full life cycle information technology services to the U.S. Department of Agriculture (USDA) Risk Management Agency (RMA). The single-award task order has a one-year period of performance, four one-year options, and a total contract value of $156 million if all options are exercised. Work will be performed in Kansas City, Missouri.

The USDA’s RMA operates and manages the Federal Crop Insurance Corporation, which provides crop insurance to American farmers and ranchers. The contract was awarded by the General Services Administration (GSA), Federal Acquisition Service, Assisted Acquisition Services, Federal Systems Integration and Management Center under the GSA Alliant Governmentwide Acquisition Contract.

Under the contract, SAIC will provide IT services to support development and delivery of new crop insurance products, sustain high employee productivity, develop and maintain new IT systems, and design, deploy, and maintain the underlying infrastructure for RMA’s IT systems. SAIC will also provide services that support program and project management, enterprise architecture, software development, IT operations and maintenance, and end-user support.

"SAIC has supported USDA RMA for more than 15 years and we are proud to continue to deliver these critical IT services to ensure America’s farmers and ranchers obtain the proper support they need,” said Bob Genter, SAIC senior vice president and general manager of the Federal Civilian Customer Group.

About SAIC

SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s approximately 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in McLean, Virginia, SAIC has annual revenues of approximately $4.4 billion. For more information, visit 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, which may be viewed or obtained through the Investor Relations section of our web site at www.saic.com. 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:

Science Applications International Corp.
Lauren Presti, 703-676-8982
lauren.a.presti@saic.com