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Monday, August 03, 2009 2:48:22 PM
Monday, Aug 03, 2009 (generated at 10:08 AM)
SAIC Awarded U.S. Air Force Contract to Provide Worldwide Force Protection Security Services --Company to Support Systems for Integrated Base Defense at Air Force and Other U.S. Department of Defense Sites
- Mon Aug 03 07:45:00 2009
EDT (PR Newswire)
- http://www.quote.com/news/story.action?id=PRN215p4321
August 3, 2009 2:45:01 PM EDT
News Story
SAIC Awarded U.S. Air Force Contract to Provide Worldwide Force Protection Security Services --Company to Support Systems for Integrated Base Defense at Air Force and Other U.S. Department of Defense Sites
Monday August 03, 2009 07:45:00 EDT
SAN DIEGO and MCLEAN, Va., Aug 03, 2009 /PRNewswire-FirstCall via COMTEX News Network/ --
Science Applications International Corporation (SAIC) (NYSE:SAI) today announced it was awarded a prime contract by the U.S. Air Force to provide force protection security services and support at Air Force and other Department of Defense sites worldwide. The five-year, multiple-award, indefinite-delivery/indefinite-quantity contract has a ceiling value of $495 million for all awardees.
Under the Force Protection Security Systems contract, SAIC will provide services to support integrated base defense, which includes the integrated use of tactics, techniques, procedures, and technology, as well as area intrusion detection, access control, and other capabilities. Specific tasks may include design, installation, testing, training and maintenance of integrated base defense physical security systems. The Air Force's 642nd Electronic Systems Squadron at Hanscom Air Force Base in Massachusetts manages the contract.
"This award demonstrates our commitment to developing and delivering critical systems and solutions for the protection of Department of Defense assets," said John Thomas, SAIC senior vice president and business unit general manager.
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 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. 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((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, 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.
Contact: Melissa Koskovich Laura Luke
(703) 676-6762 (703) 676-6533
melissa.l.koskovich@saic.com laura.luke@saic.com
SOURCE SAIC
http://www.saic.com
Copyright (C) 2009 PR Newswire. All rights reserved
--
4kids
all jmo
10/5/07 -- there are no coincidences here ...
oh and like many other longs .. not selling at this level --
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