Press release

SAIC Among Awardees for $982 Million U.S. Naval Sea Systems Command Contract

Sponsored by Businesswire

Science Applications International Corp. (NYSE: SAIC) has been awarded a multiple award, indefinite-delivery, indefinite-quantity contract from the U.S. Naval Sea Systems Command (NAVSEA) with a ceiling value of $982 million to provide products and services within the Unmanned Surface Vehicle (USV) Family of Systems (FOS). The contract carries a five-year period of performance and may extend to 10 years, if all options are exercised.

“SAIC is excited to continue this relationship with the Navy to support the expansion of unmanned surface vehicles within the Navy’s repertoire of technology,” said Jim Scanlon, SAIC executive vice president and general manager of the Defense Systems Group.

SAIC will deliver products and services to the USV FOS functional areas, as well as the platforms and systems that comprise the Navy’s future unmanned surface fleet to include: payloads; non-payload sensors; mission support systems; autonomy and vehicle control systems; ashore and host platform elements, and logistics and sustainment. SAIC has delivered strong proofs of mission engineering expertise to the Navy in the past, which will be a valued asset in the anticipated expansion of USV use.

“Our naval forces need to be machines of modern efficiency. The Navy needs to maintain and modernize its technology assets to meet current and future operational requirements. This contract will help them meet this mission,” Scanlon said.

SAIC is one of 40 awardees for the IDIQ-MAC.

About SAIC

SAIC® is a premier technology integrator solving our nation’s most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, 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.

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 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 or on the SEC’s website at 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.