SAIC Awarded Contract by Department Of State
Company to Provide Software Engineering Development, Modernization, and Enhancement Services
MCLEAN, Va., June 19, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a prime contract by the United States Department of State (DOS), Bureau of Consular Affairs (CA), Office of Consular Systems and Technology (CST) to provide software engineering development, modernization, and enhancement (DME); and technical and operations support services for CA's visa, American citizen services, and passport business processes. The multiple-award, indefinite-delivery-indefinite-quantity (IDIQ) contract has a one-year base period of performance, four one-year options, and a contract ceiling value of approximately $750 million.
CA's mission is to protect the lives and interests of U.S. citizens abroad and to strengthen the security of U.S. borders through the vigilant adjudication of visas and passports. Under the contract, SAIC will provide development, modernization, enhancement and technology support services to CST in support of its information technology infrastructure. SAIC is one of nine contractors who will compete for task orders under the contract.
"This contract provides SAIC with an opportunity to expand its longstanding support of CST and to help CST migrate their business processes to enterprise solutions," said Thomas Watson, SAIC senior vice president and business unit general manager.
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.
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