RESTON, VA.--(BUSINESS WIRE)--
The Federal Aviation Administration (FAA) selected Science Applications International Corp. (NYSE: SAIC) to provide and modernize a variety of end-user services to FAA’s diverse workforce, including service desk support, business and administrative systems infrastructure support, training services, and IT asset management.
The new single-award, indefinite-delivery, indefinite-quantity contract is worth $378 million and has a 10- year period of performance.
“We are excited to leverage our industry-leading solutions and capabilities to deliver an outstanding user experience for the FAA,” said Bob Genter, SAIC executive vice president and general manager of the Civilian Markets Group. “We will focus on enriching the FAA’s IT user experience so they can continue to focus on their critical mission: ensuring our airways remain safe, secure, and efficient.”
SAIC’s solution will leverage the company’s U-Centric approach to providing intelligent and proactive IT support services by incorporating automation and predictive analytics to support FAA’s business and administrative system users.
“This is a benchmark win for our U-Centric approach,” said Jeff Raver, vice president and interim general manager for SAIC’s Solutions and Technology Group. “By leveraging the benefits of automation and focusing on proactive delivery of services using a personalized approach, we will be able to provide FAA’s 50,000 person workforce with the tools and capabilities they need to be successful.”
SAIC will also help the FAA improve its existing IT processes, help introduce new IT strategies based on a service oriented model, and increase the efficiency and effectiveness of the Business Partnership Service organization under the office of FAA’s CIO.
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.
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.
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