SAIC Wins $79 Million Task Order to Enhance U.S. Air Force Readiness
Summary
RESTON, Va.--(BUSINESS WIRE)--The U.S. Air Force awarded Science Applications International Corp. (NYSE: SAIC) a $79 million task order to deliver mission engineering services to the 414th Supply Chain Management Squadron’s Intercontinental Ballistic Missile (ICBM) LGM-30 Minuteman III missile system. “As part of this new task order, SAIC will partner with the squadron to advance its mission by providing end-to-end product support and sustainment solutions using technologies like model-based systems engineering to reduce risk and optimize the Air Force supply chain,” said Michael LaRouche, executive vice president and general manager of SAIC’s National Security Group. “The 414th mission is critical to our national defense, and our newly designed solutions will enhance Air Force readiness.” Under the five-year task order, awarded as part of the Information Analysis Center Multiple Award Contract (IAC MAC), SAIC will analyze and recommend solutions that will make the missile system more reliable, easier to maintain, and better able to interoperate with other systems. 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. 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.