SAN DIEGO and MCLEAN, Va., June 4 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a task order by General Services Administration (GSA) to provide navigation aids (NAVAIDS) to U.S. Central Command Air Forces (CENTAF). The task order has a one year base period of performance, a single one-year option and a total contract value of more than $17 million if the option is exercised.
Under the task order, SAIC will procure, install and integrate 8 tactical air navigation (TACAN) systems and one instrument landing system (ILS) with distance measuring equipment. The systems will support U.S. Air Force installations in Southwest Asia and the Middle East.
"This contract enables us to continue integrating and installing equipment for the U.S. Air Force in theater," said James Cuff, SAIC senior vice president and business unit general manager. "These new systems will help our customer to move military technicians out of harms way and support the systems from a safer location."
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 www.saic.com.
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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.