SAIC Wins $185 Million U.S. Army Decision Support Division Integrated Air, Missile & Network Defense, & Space Support Contract
September 17 2020 - 7:30AM
Business Wire
Services will support the Army’s Space and
Missile Defense Command
The U.S. Army awarded Science Applications
International Corp. (NYSE: SAIC) a $185 million single-award,
cost-plus fixed-fee task order to support the Decision Support
Division for the U.S. Army Space and Missile Defense Command
(USASMDC), in the areas of space, space control, high altitude, air
and missile defense, and associated cyberspace operations.
Under the task order, SAIC will continue to provide system
utility analysis and combat development in support of the
warfighter with analysis, execution experiments, exercises and war
games, and modeling and simulation development and integration
support.
“SAIC looks forward to supporting the Decision Support Division
of the Army’s Space and Missile Defense Command in Huntsville,
Alabama,” said Jim Scanlon, SAIC executive vice president and
general manager of the Defense Systems Group. “We are proud of our
work in Huntsville, and through investments like our new Innovation
Factory hub, look forward to providing the very best technological
solutions for our Army customers.”
USASMDC develops and provides current and future global space,
missile defense, and high altitude capabilities to the Army, joint
force, and their allies and partners, to enable multi-domain combat
effects; enhance deterrence, assurance, and detection of strategic
attacks; and protect the nation.
The prime contract has a one-year base period of performance and
one one-year option.
About SAIC
SAIC® is a premier Fortune 500® technology integrator driving
our nation’s digital transformation. Our robust portfolio of
offerings across the defense, space, civilian, and intelligence
markets includes secure high-end solutions in engineering, IT
modernization, 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 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.
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
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version on businesswire.com: https://www.businesswire.com/news/home/20200917005128/en/
Media: Lauren Presti 703-676-8982
lauren.a.presti@saic.com
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