SAIC Awarded $76 Million Task Order By U.S. General Services Administration Federal Systems Integration And Management Center

Published on Tuesday, 17 July 2012 16:17 Written by TradersHuddle Staff

Company to Provide Analytical, Operational and Intelligence Services in Support of the Joint Improvised Explosive Device Defeat Organization (JIEDDO)

MCLEAN, Va., July 17, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a task order by the U.S. General Services Administration (GSA) Federal Systems Integration and Management Center to provide Continental United States-based analytical, operational and intelligence services in support of Joint Improvised Explosive Device Defeat Organization (JIEDDO) Counter-IED Operations/Intelligence Integration Center (COIC) mission integration, training and operations functions.  The task order has a five year period of performance and a total contract value of approximately $76 million.  The task order was awarded under the JIEDDO COIC Operations Support services contract vehicle.

JIEDDO provides counter-IED capability in support of combatant commanders to enable the defeat of the IED as a strategic weapon of influence. It does so by rapidly developing innovative equipment and technology, training troops and providing them with expertise.  Under the task order, SAIC will provide analytical, operational and intelligence services needed to effectively support the collection, analysis, and dissemination of counter-IED information, tools, and techniques to defeat human enemy networks that employ IEDs.

"We look forward to leveraging our proven analytical, operational and intelligence capabilities to support JIEDDO COIC's mission to attack and defeat enemy counter-IED networks to prevent casualties and save U.S. and coalition force lives," said Larry Hill, 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 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 http://www.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 January 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.

SOURCE SAIC