RESTON, Va.–(BUSINESS WIRE)–Science Applications International Corp. (NYSE: SAIC) won a $2.9 billion contract to continue mission engineering, integration, software development, and other lifecycle support to the U.S. Army.
Under the potential five-year task order, SAIC will continue to develop and integrate advanced technologies throughout the lifecycle, including software development and maintenance. Applications include air and ballistic missile defense, fire support, close combat, manned and unmanned aviation, command, control and communications, interoperability, intelligence/surveillance, and automatic test equipment.
Work under the task order will support the Army’s Combat Capabilities Development Command Aviation & Missile Center, Systems Simulation, Software and Integration Directorate. Work previously performed as part two General Services Administration’s (GSA’s) OASIS professional services contracts, Battlefield Systems Engineering Services (BSES) and Strategic Systems Engineering Services (SSES), will now operate under GSA’s OASIS Software Life Cycle Development contract.
“This task order award represents a continuation of our successful work on the BSES contract that has spanned several years. SAIC and our teammates will ensure that critical technology lifecycle requirements are met in order to advance the Army’s mission,” said Jim Scanlon, SAIC executive vice president and general manager of the Defense Systems Group. “Our support directly impacts the productivity and success of U.S. soldiers, Department of Defense partners, other federal government agencies, cooperative research and development/education agreement partners, and foreign military sales.”
As part of the task order, SAIC will specifically support lifecycle activities necessary to define concepts and requirements, while also plan, manage, develop, sustain, modify, improve, test, train, field, and retire systems and system computer resources in a time frame necessary to meet customer needs.
SAIC(R) is a premier Fortune 500(R) technology integrator solving our nation’s most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions.
We are 25,500 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $7.1 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
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.