MCLEAN, Va.--(BUSINESS WIRE)--
The Defense Logistics Agency awarded Science Applications International Corp. (NYSE: SAIC) a $700 million fixed-price, single award indefinite-quantity contract for chemicals, packaged petroleum, oils, and lubricants. The contract has a five-year base period of performance, one three-year option, and one two-year option, for a total potential value of up to $1.4 billion, if all options are exercised. Work will be performed in Arizona, California, Georgia, New Jersey, Pennsylvania, and Texas.
DLA manages logistics on behalf of all U.S. military branches, and federal civilian agencies as well. Under the contract, SAIC will provide comprehensive logistics and supply chain management services to the U.S. Army, U.S. Navy, U.S. Air Force, U.S. Marine Corps, federal civilian agencies, and foreign military sales customers.
“SAIC has supported DLA with multiple logistics and supply chain solutions for more than 30 years in their mission to provide products and services to American troops and others to accomplish their missions. We are proud to continue these critical services to DLA for the next decade under this contract,” said Linda Messano, SAIC senior vice president and general manager of the Department of Defense Agencies and Commands Customer Group.
During the past 10 years, SAIC has delivered more than 42 million packaged petroleum, oils, lubricants, and chemicals to DLA’s customers around the world. As a DLA Supply-Chain Alliance member, SAIC was named one of DLA's Superior Suppliers, Gold Category for fiscal year 2015.
About SAIC
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s approximately 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in McLean, Virginia, SAIC has annual revenues of approximately $4.3 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and 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 and other such filings that SAIC makes with the SEC from time to time, which may be viewed or obtained through the Investor Relations section of our web site at www.saic.com. 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.
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