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SAIC Awarded NAVSUP Business Systems Center Contract

Category:

Thursday, June 2, 2016 6:30 am EDT

Dateline:

MCLEAN, Va.

Public Company Information:

NYSE:
SAIC

#SAIC grows support to NAVSUP w/ sustainment & enhancements services for 72,000+ users across Navy Systems Commands

MCLEAN, Va.--(BUSINESS WIRE)--The U.S. Navy awarded Science Applications International Corp. (NYSE: SAIC) an indefinite-delivery, indefinite-quantity contract to provide process and data support services to the Naval Supply Systems Command (NAVSUP). The multiple-award contract has a one-year base period of performance, four one-year options, and a potential value of $809.5 million for all awardees. SAIC is one of 11 awardees competing for task orders under this contract.

Under the contract, SAIC will provide process improvement, reengineering, management, and data support services for Navy Enterprise Resource Planning (ERP) sustainment on behalf of NAVSUP Business Systems Center (BSC).

The Navy ERP program works to provide a single platform for the Department of the Navy to manage its financial, acquisition, and supply management functions. NAVSUP BSC oversees the development, maintenance, integration, and implementation of business systems for the service branch, joint service, Department of Defense, and other federal agencies.

“We are proud to grow our support to the Navy to include its ERP system services. As part of this contract, SAIC will provide critical sustainment and enhancements that support more than 72,000 users across six Navy Systems Commands,” said Tom Watson, SAIC senior vice president and general manager of the Navy and Marine Corps Customer Group. “Together, SAIC and the Navy will improve the financial system of record and effectively facilitate acquisition and supply chain management support for the warfighter.”

The contract provides systems and data management services and maintenance support necessary to deliver IT, information management, large scale system integration, and information systems changes to NAVSUP BSC customers and stakeholders. This project will also establish the frameworks, processes, systems, and organic knowledge necessary to create a sustainable organization to perform, maintain, and support these services.

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