SAIC Science Applications International Corp.

SAIC Awarded $575 Million Contract by the U.S. Army Engineering and Support Center

The U.S. Army Corps of Engineers, Engineering and Support Center, Huntsville (CEHNC) awarded Science Applications International Corp. (NYSE: SAIC) the High Performance Computing Modernization Program (HPCMP) Integrated Technical Services (HITS) task order to provide program management and technical support necessary to advance the services, capabilities, infrastructure, and technologies in the HPCMP supercomputing centers.

The single-award, hybrid firm-fixed-priced, cost -reimbursable, cost-plus-incentive- fee task order has a one-year base period of performance, four one-year options, and a total contract value of $575 million, if all options are exercised. Work will be performed at centers in Hawaii, Maryland, Mississippi, and Ohio. The task order was awarded under the U.S. General Services Administration Alliant Governmentwide Acquisition Contract vehicle.

“We are excited to expand our customer base by providing leading services and solutions to CEHNC,” said Jim Scanlon, SAIC senior vice president and general manager of the Army Customer Group. “These world class services will address some of the most challenging problems that face our nation from oceanography and meteorology to nanotechnology and advanced weapon systems. We are proud to continue our commitment to the warfighter and to developing the technologies that shape tomorrow.”

CEHNC provides specialized technical expertise, global engineering solutions, and cutting edge innovations through centrally managed programs in support of national interests. It supports specialized missions that require unique technical expertise in programs with national or broad scope.

Under the HITS task order, SAIC will plan, deliver, execute, analyze, and report on high performance computing projects, services and activities. SAIC will also provide systems engineering and technical support for defining, planning, managing, and executing projects/programs to repair, modernize, improve, and acquire HPCMP and Department of Defense Supercomputing Resource Center assets and capabilities.

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.

EN
05/10/2016

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