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SAIC Awarded $48 Million Contract By Naval Air Systems Command

Stocks in this article: SAI

MCLEAN, Va., Sept. 24, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it was awarded a prime contract by the Naval Air Systems Command (NAVAIR) to provide program management and engineering support services in support of the Naval Air Warfare Center Aircraft Division's (NAWCAD) Air Traffic Control and Landing Systems (ATC&LS) Division. The single-award cost-plus-fixed-fee (CPFF) task order has a one-year base period, two one-year options, and a total value of approximately $48 million if all options are exercised. Work will be performed at contractor facilities as well as NAWCAD, Patuxent River, St. Inigoes, Md., and Jacksonville, Fla.

The ATC&LS Division helps the fleet positively identify and track targets in combat and air traffic control environments through systems design, engineering, integration, installation, training, operational support, and in-service engineering for the U.S. Navy, U.S. Marine Corps, and other U.S. Department of Defense ATC&LS systems.

Under this contract, SAIC will provide technical and management support services to the ATC&LS Division to support its research, design, development, training, and logistic support tasking. SAIC will also provide technical support to the ATC&LS programs through technology assessment; system engineering; system performance analyses; system test and evaluation support; system level procurement package development; training; local area network support; and operational site maintenance.

"This is one of our longest running contracts in the Patuxent River area," said Jim Thigpen, SAIC senior vice president and business unit general manager. "We look forward to continuing to work with ATC&LS to provide new technologies and services that will ultimately improve electronic systems in air traffic control and landing systems."

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 & environment, health and cybersecurity. The company's approximately 40,000 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 approximately $10.6 billion for its fiscal year ended January 31, 2012. For more information, visit saic.com. 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 Jan. 31, 2012, 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.



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