SAIC Awarded $232 Million U.S. Army Contract for Systems Engineering and IT Modernization Services
09 5월 2024 - 9:05PM
Business Wire
Science Applications International Corp. (NASDAQ: SAIC) has been
awarded a $232 million contract to develop signals intelligence and
electronic warfare systems for the U.S. Army. SAIC was awarded this
contract under the Department of Defense Information Analysis
Center’s (DoD IAC) multiple-award contract (MAC) vehicle. These DoD
IAC MAC task orders (TOs) are awarded by the U.S. Air Force's 774th
Enterprise Sourcing Squadron to develop and create new knowledge
for the enhancement of the DTIC repository and the R&D and
S&T community.
“As warfighting moves to a more data-centric environment, SAIC
is committed to supporting the U.S. Army’s mission to evolve at the
speed of technology,” said Josh Jackson, executive vice president,
Army Business Group at SAIC. “SAIC will expand our support of the
U.S. Army at Aberdeen Proving Ground by addressing these critical
emerging battlefield challenges.”
Under the five-year contract, SAIC will identify gaps,
vulnerabilities threats and recommend mitigation strategies and
solutions in multiple intelligence disciplines.
To learn more, visit www.saic.com/defense
ABOUT DOD IAC PROGRAM
The DoD IAC, sponsored by the Defense Technical Information
Center, provides technical data management and research support for
DoD and federal government users. Established in 1946, the IAC
program serves the DoD science & technology (S&T) and
acquisition communities to drive innovation and technological
developments by enhancing collaboration through integrated
scientific and technical information development and dissemination
for the DoD and broader S&T community.
About SAIC
SAIC® is a premier Fortune 500® technology integrator focused on
advancing the power of technology and innovation to serve and
protect our world. Our robust portfolio of offerings across the
defense, space, civilian and intelligence markets includes secure
high-end solutions in mission IT, enterprise IT, engineering
services and professional services. We integrate emerging
technology, rapidly and securely, into mission critical operations
that modernize and enable critical national imperatives.
We are approximately 24,000 strong; driven by mission, united by
purpose, and inspired by opportunities. SAIC is an Equal
Opportunity Employer, fostering a culture of diversity, equity and
inclusion, which is core to our values and important to attract and
retain exceptional talent. Headquartered in Reston, Virginia, SAIC
has annual revenues of approximately $7.4 billion. For more
information, visit saic.com. For ongoing news, please visit our
newsroom.
Forward-Looking Statements
Certain statements in this release contain or are based on
“forward-looking” information within the meaning of the Private
Securities Litigation Reform Act of 1995. In some cases, you can
identify forward-looking statements by words such as “expects,”
“intends,” “plans,” “anticipates,” “believes,” “estimates,”
“guidance,” and similar words or phrases. Forward-looking
statements in this release may include, among others, estimates of
future revenues, operating income, earnings, earnings per share,
charges, total contract value, backlog, outstanding shares and cash
flows, as well as statements about future dividends, share
repurchases and other capital deployment plans. Such statements are
not guarantees of future performance and involve risk,
uncertainties and assumptions, and actual results may differ
materially from the guidance and other forward-looking statements
made in this release as a result of various factors. Risks,
uncertainties and assumptions that could cause or contribute to
these material differences include those discussed in the “Risk
Factors,” “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and “Legal Proceedings”
sections of our Annual Report on Form 10-K, as updated in any
subsequent Quarterly Reports on Form 10-Q and other filings with
the SEC, which may be viewed or obtained through the Investor
Relations section of our website at saic.com or on the SEC’s
website at sec.gov. Due to such risks, uncertainties and
assumptions you are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
SAIC expressly disclaims any duty to update any forward-looking
statement provided in this release to reflect subsequent events,
actual results or changes in SAIC’s expectations. SAIC also
disclaims any duty to comment upon or correct information that may
be contained in reports published by investment analysts or
others.
Disclaimer. “This material is based upon work supported by the
DoD Information Analysis Center Program (DoD IAC), sponsored by the
Defense Technical Information Center (DTIC) under Contract No.
FA807518D0007.”
Approved for Public Release, Distribution Unlimited. “Any
opinions, findings and conclusions or recommendations expressed in
this material are those of the author(s) and do not necessarily
reflect the views of the DoD”
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Thais Hanson 703.676.8215 | thais.c.hanson@saic.com
Science Applications (NYSE:SAIC)
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