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SAIC Awarded $24 Million Contract by Naval Air Systems Command
Thursday, November 20, 2008
Company to Provide Earned Value Management Services to Help Measure Project Performance
SAN DIEGO and MCLEAN, Va. Nov. 20 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) today announced it has signed a blanket purchase agreement with the Naval Air Systems Command (NAVAIR) to provide integrated project management services in support of aircraft, munitions, and unmanned aerial vehicles related support programs. The agreement has a five year period of performance and a total ceiling value of more than $24 million. Work will be performed by SAIC's wholly-owned subsidiary Eagan, McAllister Associates, Inc. (EMA) in Patuxent River, Md., and other locations as required.
NAVAIR provides engineering, development, testing, evaluation, in-service support, and program management capabilities to deliver airborne weapons systems that are technologically superior and readily available. Under this contract, SAIC will perform analysis, evaluation and case studies in support of NAVAIR programs. The services SAIC delivers will help NAVAIR measure and control project schedules and budgets.
"We look forward to helping NAVAIR employ earned value management techniques across their enterprise, helping support their important mission of providing the Navy and Marine Corps with the world's best naval aviation capabilities," said Debbie James, SAIC senior vice president and business unit general manager.
About SAIC
SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 45,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit www.saic.com.
SAIC: From Science to Solutions(R)
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. 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 for the period ended January 31, 2008, and other such filings that SAIC makes with the SEC from time to time. 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: Melissa Koskovich Laura Luke
(703) 676-6762 (703) 676-6533
Melissa.l.koskovich@saic.com laura.luke@saic.com
SOURCE SAIC
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