Wednesday, September 7, 2011

DTN News - DEFENSE NEWS: SAIC Awarded Contract By U.S. Missile Defense Agency (MDA)

Defense News: DTN News - DEFENSE NEWS: SAIC Awarded Contract By U.S. Missile Defense Agency (MDA)
*Company to Provide Advisory and Analytical Services in Support of the Ballistic Missile Defense System (BMDS)
(NSI News Source Info) TORONTO, Canada - September 7, 2011: Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a competitive indefinite-delivery/indefinite-quantity (IDIQ) contract by the U.S. Missile Defense Agency (MDA) to provide advisory and analytical services in support of the Ballistic Missile Defense System (BMDS). The multiple-award contract has a five year period of performance with a not to exceed ordering contract ceiling value of $281 million for all awardees, if all options are exercised. Work will be performed primarily in Huntsville, Ala.

The MDA is a research, development, and acquisition agency within the Department of Defense that develops, tests, and fields ballistic missile capabilities to protect the U.S., forward deployed forces, and allies from attack. Under the contract, SAIC will provide senior advisory and analytical services as required to help develop, deploy and maintain BMDS capabilities. SAIC will also provide assessments and analysis services as needed, generating reports for MDA on testing; quality, safety and mission assurance; engineering; and programmatics. SAIC is one of four contractors that will compete for task orders under the contract.

"This contract award is an opportunity for SAIC to continue its long time support of the MDA by providing subject matter experts to assist the agency in executing its mission of developing, deploying and supporting the Ballistic Missile Defense System," said John Gully, SAIC senior vice president and business unit general manager.
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 41,000 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 $11.1 billion for its fiscal year ended January 31, 2011. For more information, visit SAIC: From Science to Solutions®

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, 2010, 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.

Melissa Koskovich
Vernon Guidry

(703) 676-6762
(703) 676-6255
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