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SAIC Awarded $86 Million Task Order by U.S. Air Force

Company to provide subject matter expertise under the Strategic Plans and Policy Support Services task order

Category:

Tuesday, July 19, 2016 6:30 am EDT

Dateline:

MCLEAN, Va.

Public Company Information:

NYSE:
SAIC

MCLEAN, Va.--(BUSINESS WIRE)--The U.S. Air Force and the General Services Administration (GSA) Federal Systems Integration Management Center (FEDSIM) have awarded Science Applications International Corp. (NYSE: SAIC) the Strategic Plans and Policy Support Services task order to provide technical, analytical, operational, and planning subject matter expertise to the Air Force Deputy Chief of Staff for Strategic Deterrence and Nuclear Integration and Air Force Major Commands.

Awarded under the GSA One Acquisition Solution for Integrated Services (OASIS) contract vehicle, the single-award task order has a one-year base period of performance, four one-year options, and a total contract value of more than $86 million. Work will be performed primarily in Washington, D.C., however, some work will extend to Air Force installations worldwide.

“We are proud to assist the Air Force in meeting today’s missions and tomorrow’s challenges. For more than 40 years, we have provided the Air Force with subject matter expertise and professional talent to support their mission to meet U.S. national security objectives. We are honored to have been selected to continue this important work,” said Mark Escobar, SAIC senior vice president and general manager of the Intelligence Community and Air Force 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 $4.3 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