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SAIC Awarded $485 Million Enterprise Applications Service Technologies 2 Contract by NASA

Company to provide necessary services to operate the NASA Enterprise Applications Competency Center in Huntsville, Alabama

Category:

Monday, January 11, 2016 6:45 am EST

Dateline:

MCLEAN, Va.

Public Company Information:

NYSE:
SAIC
"We are honored to have been selected by NASA to continue to deliver these mission-critical services to the NEACC. This award is a testament to the excellent work performed by our team and builds upon our extensive history supporting NASA"

MCLEAN, Va.--(BUSINESS WIRE)--NASA awarded Science Applications International Corp. (NYSE: SAIC) a $485 million contract to provide all services necessary to operate the NASA Enterprise Applications Competency Center (NEACC) located at Marshall Space Flight Center in Huntsville, Alabama. Under the Enterprise Applications Service Technologies (EAST) 2 contract, SAIC will provide services to operate, maintain, and enhance key business and mission-supporting platforms, applications and infrastructure used across the agency.

“We are honored to have been selected by NASA to continue to deliver these mission-critical services to the NEACC. This award is a testament to the excellent work performed by our team and builds upon our extensive history supporting NASA," said Bob Genter, SAIC senior vice president and general manager of the Federal Civilian Customer Group. "We are proud to support an agency that inspires our nation as pioneers for the future in space exploration, scientific discovery, and aeronautics research."

EAST 2 is a cost-plus performance-fee contract spanning eight years with a potential value of $485 million, if all options are exercised. The contract has a two-year base period of performance, a two-year option, a one-year option, and three one-year award term options. Included in the award is an indefinite delivery, indefinite quantity feature to provide application service support to additional NASA centers. The period of performance will begin Feb. 1 with a potential end date of March 31, 2024.

The EAST 2 contract will be administered by the NASA Shared Services Center (NSSC) at the agency’s Stennis Space Center in Mississippi. The NSSC performs selected business activities for all NASA centers.

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:

SAIC Media Contact:
Lauren Presti, 703-676-8982
lauren.a.presti@saic.com