McLEAN, Va. and SAN DIEGO, Dec. 17 Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a prime contract by the U.S. Army Research, Development and Engineering Command Acquisition Center - Natick Contracting Division to support the U.S. Navy's Chief Bureau of Medicine and Surgery (BUMED) for Medical Research and Development, and their subordinate research and development commands. The multiple-award, indefinite-delivery/indefinite-quantity contract has a one year base period of performance, four one-year options, and a total value of $20 million if all options are exercised. Work will be performed primarily at the Naval Health Research Center in San Diego and at BUMED facilities throughout the U.S.
BUMED develops and delivers operational biomedical research solutions that enhance the health, safety, readiness and performance of U.S. military forces. Under the contract, SAIC will conduct biomedical, epidemiological and clinical research to help prepare and protect Navy and Marine Corps personnel. In addition, the company will provide services in areas including medical modeling and simulation, warfighter performance, HIV/AIDS prevention, behavioral sciences and epidemiology. SAIC will also perform research on deployment and environmental health, and provide services in areas of psychological health including operational stress, post-traumatic stress disorder and traumatic brain injury.
"For more than 20 years, SAIC has worked with the Navy to enhance the health and medical readiness of our military personnel," said Anthony Hess, SAIC senior vice president and business unit general manager. "We look forward to continuing our support of BUMED and this important mission."
SAIC is a FORTUNE 500Ū 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 SolutionsŪ
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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