MCLEAN, Va., Jan. 3, 2013 /PRNewswire/ -- Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a prime contract by the U.S. Army Environmental Command (USAEC) to provide environmental remediation support services at Army installations nationwide. The multiple-award indefinite-delivery/indefinite-quantity contract has a five-year base period of performance and a total contract value of $240 million for all awardees.
The USAEC leads and executes Army cleanup and environmental quality programs, providing technical expertise to enable soldier readiness and sustainable military communities. Under the contract, SAIC will provide development of technical and regulatory solutions to address critical Army environmental clean-up issues. SAIC is one of nine contractors eligible to compete for task orders under this contract.
"This contract award represents a tremendous opportunity for SAIC to develop and apply solutions to difficult environmental problems and insure the safety of military communities," said JT Grumski, 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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