SAIC To Enhance Business Operations for Under Secretary of Defense for Research and Engineering
March 07 2024 - 8:05AM
Business Wire
$96 million contract to advance defense
technologies and critical business operations
Science Applications International Corp. (NYSE: SAIC) today
announced it has been awarded a $96 million contract by the Office
of the Under Secretary of Defense for Research and Engineering
(OUSD(R&E)) to modernize business operations.
“The Under Secretary of Defense for Research and Engineering
delivers crucial technology capabilities to warfighters,” said
Vinnie DiFronzo, executive vice president, Air Force and Combatant
Command Business Group at SAIC. “OUSD(R&E) is a critical and
longtime SAIC customer, and this award builds on our ongoing
delivery of powerful solutions and key expertise to advance our
support of their mission.”
Through this contract, SAIC will partner with OUSD(R&E)
BusOps to modernize its policies and procedures through SAIC’s data
management, knowledge management and strategic planning
capabilities. Enhancements will include an increase in data reuse
and the reduction of internal organizational operational delivery
times.
To learn more about SAIC’s work in digital modernization visit
www.saic.com/defense.
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/20240307106880/en/
Media Contact: Thais Hanson 703.676.8215 |
thais.c.hanson@saic.com
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