Business News
SAIC Awarded $45 Million Contract From NASA
2008-07-17 15:05:00
Company to Provide Independent Program/Project Assessment, Analysis and Evaluation Services SAN DIEGO and MCLEAN, Va., July 17 /EMWNews/ -- Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a contract in support of the NASA Office of Program Analysis and Evaluation (PA&E) to provide independent program/project assessment, analysis and evaluation services. This contract has a five year period of performance and a maximum value of $45 million. Work will be performed primarily at NASA's Langley Research Center in Hampton, Va. The PA&E supports NASA leadership in independently assessing and evaluating advanced concepts and ongoing programs and projects, adding confidence in their objectives, agreed costs and schedules. The highly technical nature of the assessments presents the need for access to a variety of engineering, analytical, scientific, administrative and project management skills. SAIC will provide these services as required in areas including independent assessment, cost estimation and schedule/risk analysis support. The SAIC team will also conduct independent technical, schedule, and cost assessments of NASA projects and programs, and participate in multi-disciplinary teams to provide independent analysis and evaluations. "We look forward to providing quality services that align with the PA&E mission, goals, and objectives, and offer highly critical assessments and evaluations of NASA's most important programs," said Charles Zang, SAIC senior vice president and business unit general manager. "We will assess and analyze existing and future programs and projects, including space transportation systems, spacecraft and instruments, and aerospace research."
About SAIC SAIC is a FORTUNE 500(R) 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 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit http://www.saic.com. SAIC: From Science to Solutions(R) 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, 2008, 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.
Contact: Melissa Koskovich Laura Luke (703) 676-6762 (703) 676-6533 [email protected] [email protected]
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