Status Report

SAIC Awarded NASA Contract to Support Kennedy Space Center

By SpaceRef Editor
December 15, 2008
Filed under , ,

Company to Provide Engineering and Technical Services to the Ground Operations Project Office in Support of the Constellation Program

Science Applications International Corporation (NYSE:SAI) today announced it has been awarded a contract by the National Aeronautics and Space Administration (NASA) to provide engineering and technical services to the Kennedy Space Center (KSC) Ground Operations Project Office in support of NASA’s Constellation Program. The maximum value of the contract is more than $69 million if all options and line items are exercised. The core contract has a two year base period of performance, three one-year options, and total potential value of $59.3 million. The contract also contains an indefinite delivery/indefinite quantity line-item option with a ceiling value of $10 million. Work will be performed primarily at KSC in Cape Canaveral, Florida.

The Constellation Program aims to gain significant experience in operating away from Earth’s environment, developing technologies needed for opening the space frontier and conducting fundamental science. The program will develop the next-generation U.S. spaceship system – the Orion space capsule and the Ares rocket to launch Orion. Under the contract SAIC will provide engineering and technical services, project and business management, and administrative services in support of the program.

“SAIC has supported NASA at KSC for the past 10 years,” said Charles Zang, SAIC senior vice president and business unit general manager. “We look forward to continuing our support of the Constellation program, and helping NASA advance human exploration, use, and development of space.”

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 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 selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit 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.

SpaceRef staff editor.