MCLEAN, Va. and SAN DIEGO, Oct. 27 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a prime contract by the Federal Aviation Administration (FAA) to provide program management and technical services in support of the agency's NextGen transformation program efforts. The single-award, indefinite-delivery/requirements contract has a one year base period of performance, four one-year options and total value of more than $106 million if all options are exercised. Work will be performed primarily in Washington, DC and at FAA locations as required.
NextGen is a wide-ranging transformation of the entire national air transportation system. The program aims at moving away from legacy ground based technologies to a new and more dynamic satellite-based technology. These new capabilities and the interdependent technologies that support them will change the way the system operates, reduce congestion, and improve the passenger experience. Under the contract, SAIC will provide program management and technical services in a broad range of task areas to include safety management systems, aeronautical communications activities, and aviation weather programs.
"The SAIC team brings a single source of specialized aviation expertise and direct NextGen-related knowledge," said Charles Zang, SAIC senior vice president and business unit general manager. "We look forward to helping the FAA phase in new technology to help relieve the growing congestion in the nation's air transportation system."
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 45,000 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 $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit 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, 2009, 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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