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SAIC Awarded Contract by the Naval Supply Systems Command

Company to provide interactive training services to the Naval Education and Training Command

Category:

Tuesday, May 24, 2016 6:30 am EDT

Dateline:

MCLEAN, Va.

Public Company Information:

NYSE:
SAIC
"SAIC’s goal on this contract is to help the Navy with the reengineering and development of training products that use relevant technology and software to provide immersive and distributed training"

MCLEAN, Va.--(BUSINESS WIRE)--The U.S. Naval Supply Systems Command awarded Science Applications International Corp. (NYSE: SAIC) a prime contract to provide reengineering, development, and personal computer simulation services in support of the command’s Naval Training Products and Services program. The indefinite-delivery, indefinite-quantity contract has a three-year base period of performance, one three-year option, and a total estimated value of approximately $343 million for all awardees, if all options are exercised. SAIC is one of five awardees and work will be performed in various locations across the country.

“SAIC’s goal on this contract is to help the Navy with the reengineering and development of training products that use relevant technology and software to provide immersive and distributed training,” said Tom Watson, SAIC senior vice president and general manager of the Navy and Marine Corps Customer Group. “We are proud to support sailors by developing and implementing new solutions using serious games, cloud-based training, and highly-interactive multi-media instruction offerings that result in more effective and efficient training products.”

Under the contract, SAIC will plan, design, develop, implement, deliver, and evaluate training materials that are highly interactive and immersive for the Naval Education and Training Command. SAIC will support Navy and Department of Defense training requirements and Navy Distance Learning objectives through delivery of modular, scalable, and tailored learning continuums.

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