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SAIC Delivers First AAV SU to U.S. Marine Corps Ahead of Schedule

Friday, March 11, 2016 6:45 am EST

Dateline:

QUANTICO, Va.

Public Company Information:

NYSE:
SAIC
"SAIC, along with our teammates, are proud to have contributed to this momentous occasion."

QUANTICO, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE:SAIC) announced today that it delivered the first Assault Amphibious Vehicle Survivability Upgrade (AAV SU) to U.S. Marine Corps Base Quantico on March 4. Transported from SAIC’s integration facility in Charleston, South Carolina, this is the first of 10 landmark AAV SU vehicles scheduled to be delivered for testing to the Marine Corps by May.

“Our employees and partners worked tirelessly to deliver this solution to the Marine Corps two months ahead of schedule,” said Tom Watson, SAIC senior vice president and general manager of the Navy and Marine Corps Customer Group. “We are honored to support the Marine Corps in this historic endeavor to upgrade vehicles that have not been significantly modernized in more than 30 years.”

Following the initial delivery of the AAV SU, the Marine Corps Program Executive Officer (PEO) Land Systems will have approximately 12 months to test and evaluate SAIC’s solution. SAIC is currently under contract with the Marine Corps to perform initial upgrades to 10 AAV SU prototypes. During the engineering and manufacturing development (EMD) phase, older AAV-P7 models were stripped down to the hull and rebuilt from the underbelly up with survivability upgrades.

Subsequent to the EMD phase, additional options, if exercised, will lead to developmental testing and low rate initial production (LRIP) of the AAV SU vehicles.

“SAIC’s solution is truly a game changer. We are providing Marines with a best-in-class redesigned vehicle that is forward thinking and unprecedented,” said Brion Cornette, SAIC AAV SU program manager. “SAIC, along with our teammates, are proud to have contributed to this momentous occasion.”

SAIC has nine teammates, including hull manufacturer Demmer Corp. located in Lansing, Michigan.

The Marine Corps will host an information session for members of the media to view the new AAV SU and discuss requirements, capabilities, upcoming testing, and the overall program status. This event will take place south of Marine Corps Base Quantico at the Transportation Demonstration Support Area on Tuesday, March 15. For press, please contact SAIC’s Lauren Presti to register.

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 $4.4 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.

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Contact:

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