Company to Provide Next-Generation Simulation and Training Devices
SAN DIEGO and MCLEAN, Va. , Feb. 5 /PRNewswire-FirstCall/ --Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a Simulation and Training Omnibus Contract (STOC II) by the U.S. Army's Program Executive Office for Simulation Training and Instrumentation (PEO STRI). SAIC will provide simulation, training and instrumentation services and products to Army and Department of Defense customers worldwide. This ten year, multiple-award, indefinite delivery/indefinite quantity contract has a two year base period of performance and three option ordering periods with a total ceiling value of
PEO STRI provides interoperable simulation, training, and testing solutions and acquisition services to support military and civilian agencies. Under the contract, SAIC will perform a full range of life cycle management to include front end analysis, design, development, fielding, and sustainment of training and testing systems, instrumentation, and gaming system simulators.
"SAIC has a long history of support to this important customer," said Beverly Seay , SAIC senior vice president and business unit general manager. "We look forward to continuing to deliver innovative training capabilities to the Armed Forces."
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 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
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.