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SAIC Breaks Ground on New Platform Innovation Center in South Carolina

Company to Expand Operations in Berkeley County and Will Create 200 Tech Jobs over Five Years

Friday, May 11, 2018 10:00 am EDT

Dateline:

RESTON, Va.

Public Company Information:

NYSE:
SAIC
"SAIC has a long legacy of doing business in South Carolina and this investment underscores our long-term commitment to the state"

RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) announced today that it is constructing a new platform integration and engineering center in Berkeley County, South Carolina. Slated to be open later this year, the new Platform Innovation Center will be an expansion of SAIC’s operations in the Charleston region and will add approximately 200 jobs over the next five years, further supporting economic growth.

“SAIC has a long legacy of doing business in South Carolina and this investment underscores our long-term commitment to the state,” SAIC CEO Tony Moraco said. “We are excited about the new opportunities this state-of-the-art facility will provide and to better enable us to deliver mission critical solutions to our customers. We appreciate the strong support from Governor Henry McMaster, the City of Hanahan, Berkeley County, and the Charleston Regional Development Alliance to bring this important resource to the state.”

This investment is directly tied to the expansion of the company’s work involving systems engineering, ground tactical vehicles, logistics, and full life-cycle services and solutions. It is a critical component of SAIC’s long-term strategy.

SAIC will lease the facility from West-Signal Capital in connection with the development of a 340,000 square foot build-to-suit facility within the North Pointe Industrial Park.

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 more than 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 $4.5 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.
Monty Vest, 256-426-9125
monica.m.vest@saic.com
or
Lauren Presti, 917-825-8385
lauren.a.presti@saic.com