Science Applications International Corporation (NYSE: SAI) ("SAIC") has been awarded a prime contract by the Naval Sea Systems Command (NAVSEA). Pursuant to the contract SAIC will provide the Program Executive Office for Integrated Warfare Systems (PEO IWS) with engineering support services. The task order has a one-year base period of performance, a one-year option, three one-year award terms, and a total value of over $160 million if all options and awards are exercised.
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About SAIC
SAIC is a FORTUNE 500(®) 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 U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit www.saic.com. SAIC: From Science to Solutions(®)
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