RESTON, Va.--(BUSINESS WIRE)--The Defense Logistics Agency awarded Science Applications International
Corp. (NYSE: SAIC) with a $900 million firm-fixed-price requirements
contract to continue to act as lead supply chain manager and integrator
for a Defense Logistics Agency tire delivery program. The contract has a
five-year base period of performance with two, two-year option periods,
plus four two-month option periods. If all options are exercised, the
contract could be worth potentially $1.7 billion. Work will be performed
in Fairfield, New Jersey, Ft. Worth, Texas, and other areas outside the
continental United States.
“SAIC is very proud to continue as DLA’s Supply Chain Alliance partner
for military tires. This is a third-generation program that will now
include Navy Aviation tires along with U.S. Air Force and Army fleets,”
said Jim
Scanlon, SAIC senior vice president and general manager of the
Defense Systems Customer Group. “As on the current contract (TSI), we
are committed to meeting DLA’s readiness goals with premium on-time
delivery performance.”
As part of the tires program, SAIC has delivered more than 1.5 million
tires at an outstanding 97 percent fill-rate level. Customers using the
Global Tire Program integrator contract are the U.S. Army, Navy, Air
Force, Marine Corps, Coast Guard, and foreign military sales. Learn more
about how
we keep the Department of Defense rolling.
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 Reston, 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.