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SAIC Awarded Human Capital and Training Solutions Contract by GSA and OPM

Company to provide training and development services to the federal government’s workforce

Monday, October 24, 2016 6:06 pm EDT

Dateline:

McLean, Va.
"This is a strategic win for SAIC and we are honored to bring our industry-leading training and human capital solutions governmentwide."

McLean, Va., Oct. 24, 2016 -- The General Services Administration (GSA), in partnership with Office of Personnel Management (OPM), awarded Science Applications International Corp. (NYSE: SAIC) a prime contract in two Human Capital and Training Solutions (HCaTS) contract pools to provide training and development services to the federal government’s workforce. The multiple-award, indefinite delivery, indefinite quantity contract has a five-year base period of performance, one five-year option, and one six-month option.

"We are pleased to have been selected as a prime contractor by GSA and OPM on the HCaTS contract. We aim to bring efficient and effective training to the federal government," said SAIC Sector President Nazzic Keene. "This is a strategic win for SAIC and we are honored to bring our industry-leading training and human capital solutions governmentwide."

Pool 1 has a potential value of $3.45 billion and Pool 2 is worth $2.3 billion, if all options are exercised. SAIC is one of 33 awardees in Pool 1 and one of 39 awardees in Pool 2.

Under the contract, SAIC will provide federal government agencies with both direct access and assisted acquisition access to tailored training and development, human capital strategy, and organizational performance improvement services to meet the federal government’s workforce needs. HCaTS is part of a government-wide effort to "buy as one" through category management. HCaTS brings together GSA's acquisition capabilities, tools and strategic sourcing experience with OPM's expertise in human resources, human capital, and training and development to form a more powerful Government solution.

 

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:

Lauren Presti
703.676.8982
lauren.a.presti@saic.com