SAIC Awarded $160 Million Task Order

Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has been awarded a prime contract by the Naval Sea Systems Command (NAVSEA) to provide the Program Executive Office for Integrated Warfare Systems (PEO IWS) with engineering support services. The task order has a one-year base period of performance, a one-year option, three one-year award terms, and a total value of more than $160 million if all options and awards are exercised. Work will be performed primarily in Washington, D.C. The task order was awarded under the U.S. Navy's SeaPort-e contract.