Science Applications Gets $357 Million Army Order
June 24, 2009 (FinancialWire) — Science Applications International Corp. (NYSE: SAI) said it has been awarded a prime single award blanket purchase agreement by the U.S. Army to support the U.S. military’s mine resistant ambush protected vehicle program.
The first task order under the BPA has a one-year base period of performance, one twelve-month option, and one six-month option, and is valued at more than $357 million if the options are exercised.
Work on the task order will be performed in Iraq, Afghanistan, Kuwait and at locations throughout the U.S. as required.
MRAP vehicles support urban combat operations, multi-mission operations, and mine/IED clearance operations and explosive ordnance disposal. Under the task order, SAIC will provide planning, management, and analytical support.
San Diego-based SAIC is a scientific, engineering, and technology applications company whose roughly 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 various commercial markets.
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