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SAIC Awarded a Potential $84 Million Contract by SSC Pacific

Company to provide network service solutions and engineering support to U.S. Navy

Category:

Thursday, December 15, 2016 4:30 pm EST

Dateline:

MCLEAN, Va.

Public Company Information:

NYSE:
SAIC
"SAIC is proud to continue providing end-to-end engineering and life cycle support services for the Navy’s Shore Networks, which include more than 25,000 ONE-Net users across the globe who depend on these secure technological solutions"

MCLEAN, Va.--(BUSINESS WIRE)--The Space and Naval Warfare Systems Center (SSC) Pacific awarded Science Applications International Corp. (NYSE: SAIC) an indefinite-delivery, indefinite-quantity contract to provide network service solutions and engineering support to U.S. Navy and joint Department of Defense shore units worldwide.

The multiple-award contract has a three-year base period of performance with two one-year option ordering periods, and has a potential value of $84 Million. SAIC is one of four awardees. Work will be performed in San Diego and at Navy and Joint DOD shore network installation sites worldwide.

“SAIC is proud to continue providing end-to-end engineering and life cycle support services for the Navy’s Shore Networks, which include more than 25,000 ONE-Net users across the globe who depend on these secure technological solutions,” said Tom Watson, SAIC senior vice president of the Navy and U.S. Marine Corps Customer Group. “For over a decade, we have been committed to ensuring that the Navy’s shore networks support the critical mission needs of the fleet and we look forward to continuing this important work.”

Under the contract, SAIC will provide in-service engineering support, design, accreditation, integration, production, sustainment, and life cycle support for non-integrated shore systems, network components and network service solutions for Navy and DoD shore units worldwide.

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:

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