SAIC Awarded $254 Million Contract by the Defense Intelligence Agency

SAN DIEGO and MCLEAN, Va. , Oct. 9 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a contract by the Defense Intelligence Agency to support the National Media Exploitation...


SAN DIEGO and MCLEAN, Va. , Oct. 9 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a contract by the Defense Intelligence Agency to support the National Media Exploitation Center (NMEC). The contract has a six month base period of performance, four one-year options and a total contract value of more than $254 million if all options are exercised. Work will be performed primarily overseas.

The NMEC provides strategic document and media exploitation support to the intelligence community, law enforcement and the Department of Defense. Under the contract, SAIC will provide linguist translation and transcription, media and document exploitation and related support services.

"We look forward to helping this important customer provide timely, objective, all-source military intelligence to policy makers, war fighters, and force planners to meet current and future challenges," said John P. Hynes Jr. , 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 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 http://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, 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.

SOURCE SAIC