SAIC Awarded NASA Environmental Management and Safety Contract
Applications International Corporation (NYSE: SAI) today announced that it has been awarded a contract by NASA’s Glenn Research Center to provide environmental and safety support services to facility-wide operations.
The single-award, indefinite-delivery/indefinite-quantity, time and materials contract has a three-year base period, one two-year option, and a total value of more than $46 million if all options are exercised.
SAIC will provide support services in the areas of environmental, chemical and waste management; environmental, chemical and safety compliance; industrial hygiene, environmental engineering, and construction safety. Work will be performed at Glenn Research Center and its Plum Brook Station in Cleveland and Sandusky, Ohio, respectively.
“We are pleased to have been selected to continue our environmental, health and safety support to NASA Glenn,” said Bob Shokes, SAIC senior vice president and business unit general manager. “NASA is one of SAIC’s most valued clients and we have successfully supported the Glenn Research Center mission for the past 10 years.”
SAIC is a leading provider of scientific, engineering, systems integration and technical services and solutions to all branches of the U.S. military, agencies of the Department of Defense, the intelligence community, the U.S. Department of Homeland Security and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With approximately 44,000 employees in more than 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers’ mission-critical functions. SAIC had annual revenues of $8.3 billion for its fiscal year ended January 31, 2007.
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, 2007, 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.
