SAIC to Deliver IT Services on Department of Veterans Affairs $60.7B Contract
January 10 2024 - 8:05AM
Business Wire
Science Applications International Corp. (NYSE: SAIC) has been
selected to provide a range of Information Technology (IT) services
on the Department of Veterans Affairs (VA) contracting vehicle
called Transformation Twenty-One Total Technology Next Generation
Two (T4NG2).
“SAIC is ready to deliver best-in-class innovation and
modernization in support of our nation’s heroes, the veteran
community,” said Vishal Tulsian, senior vice president, Health,
State and Local, and Federal Financials at SAIC. “We will continue
to support the Department of Veterans Affairs in their pursuit of
innovative IT services including highly secure and adaptable IT
infrastructure, systems engineering, secure application development
and customer support and training.”
Under this contract, companies selected will compete for task
orders to provide a full range of IT services across 11 technical
functional areas in support of the VA and other federal agencies.
SAIC will serve as a prime contractor on the first position. On the
second, the company will be a contractor in the joint venture with
Higher Echelon, which is in a mentor-protégé program with SAIC.
SAIC has supported the VA’s previous contracting vehicle and
successfully executed 16 task orders valued at approximately $935
million, to date.
Learn more at www.saic.com.
About SAIC
SAIC® is a premier Fortune 500® technology integrator driving
our nation’s technology transformation. Our robust portfolio of
offerings across the defense, space, civilian and intelligence
markets includes secure high-end solutions in engineering, digital,
artificial intelligence 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 that are critical to achieving our customers'
missions.
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 $6.9 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240104570982/en/
Thais Hanson 703.676.8215 | thais.c.hanson@saic.com
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