SAIC Wins Position on $535 Million IT Services Contract for Defense Threat Reduction Agency
April 15 2019 - 7:15AM
Business Wire
Science Applications International Corp. (NYSE: SAIC) was
awarded a position on the Defense Threat Reduction Agency’s (DTRA)
IT Service Design multiple-award $535 million indefinite-delivery,
indefinite-quantity contract. Under the award, the company will
enhance, improve, and integrate IT services across DTRA.
“SAIC is committed to advancing DTRA’s information technology
transformation by providing Industry-leading technologies, highly
tailorable proven processes, and experienced IT and integration
experts,” said Michael LaRouche, executive vice president and
general manager of SAIC’s National Security Customer Group.
SAIC will support DTRA’s Information Integration and Technology
Services (I2TS) Directorate and Chief Information Officer’s mission
to transform how the agency uses knowledge, technologies, and
capabilities to meet the critical mission of safeguarding the
United States and its allies from global weapons of mass
destruction and improvised threats.
With five prime awardees, the multiple-award contract has a
five-year base period of performance and a five-year option period.
Work will primarily be performed at DTRA’s Fort Belvoir, Virginia,
headquarters.
About SAIC
SAIC is a premier technology integrator solving our nation’s
most complex modernization and readiness challenges across the
defense, space, federal civilian, and intelligence markets. Our
robust portfolio of offerings includes high-end solutions in
systems engineering and integration; enterprise IT, including cloud
services; cyber; software; advanced analytics and simulation; and
training. With an intimate understanding of our customers’
challenges and deep expertise in existing and emerging
technologies, we integrate the best components from our own
portfolio and our partner ecosystem to rapidly deliver innovative,
effective, and efficient solutions.
We are a team of 23,000 strong driven by mission, united
purpose, and inspired by opportunity. Headquartered in Reston,
Virginia, SAIC has annual revenues of approximately $6.5 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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SAIC Media Contact:Lauren
Presti703-676-8982lauren.a.presti@saic.com
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