• Thu. Dec 3rd, 2020

Dimancherouge

Technology

SAIC Wins $49.5 Million U.S. Navy contract for Royal Saudi Naval Forces (RSNF) C4ISR Upgrades and Refurbishment

Company will leverage solutions such as engineering, design, and integration solutions to support critical network upgrades and refurbishment of Royal Saudi Naval Forces’ systems

The U.S. Navy awarded Science Applications International Corp. (NYSE: SAIC) a $49.5 million single-award task order to continue to provide the Royal Saudi Naval Forces support services for command, control, communications, computers, and intelligence, surveillance and reconnaissance (C4ISR) upgrade and refurbishment. Work will take place in the Kingdom of Saudi Arabia.

Under the cost-plus fixed-fee task order, awarded as part of the SeaPort-NxG contract, SAIC will leverage repeatable solutions such as engineering, design and integration, integrated product support and sustainment capabilities on critical networks. These networks fulfill the Naval Information Warfare Systems Command’s requirement for Program Executive Office C4I International Integration Program Office (PMW 740) Royal Saudi Naval Forces (RSNF) In-Kingdom of Saudi Arabia (KSA) Support Services.

“For more than 40 years, SAIC has supported the Navy’s mission to help maintain the Royal Saudi Naval Forces’ C4ISR capability modernization, engineering and logistics,” said Jim Scanlon, SAIC executive vice president and general manager of the Defense Systems Group. “As a leader in technology integration, SAIC is excited to continue its assistance to the Navy as it continues to build this strategic partnership with the Kingdom of Saudi Arabia.”

SAIC will deliver solutions and services to include program management, systems engineering and integration, maintenance engineering, and integrated logistics for the modernization and refurbishment of RSNF systems. These services are enabled by SAIC’s legacy of support to RSNF, and SAIC’s investments in digital engineering and end-to-end logistics and supply chain solutions.

The prime contract has a five-year base period of performance.

About SAIC

SAIC® is a premier Fortune 500® technology integrator driving our nation’s digital transformation. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes secure high-end solutions in engineering, IT modernization, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions that are critical to achieving our customers’ missions.

We are 25,500 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $7.1 billion.​​​​ For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements

Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201008005480/en/

Contacts

Lauren Presti
703-676-8982
[email protected]

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