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SAI Saudi Arab.Inv.

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0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Saudi Arab.Inv. LSE:SAI London Ordinary Share GB0000447960 ORD SHS $0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Eagan, McAllister Associates, Inc. Awarded Space and Naval Warfare Systems Center Contract

31/07/2007 12:50pm

PR Newswire (US)


Saudi Arabia Investment Fund (LSE:SAI)
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SAN DIEGO and MCLEAN, Va., July 31 /PRNewswire-FirstCall/ -- Eagan, McAllister Associates, Inc. (EMA), a wholly owned subsidiary of Science Applications International Corporation [NYSE: SAI] today announced that it won an indefinite-delivery/indefinite-quantity, single-award, cost-plus-fixed-fee performance-based contract from the Space and Naval Warfare Systems Center, Charleston, S.C. (SSCC). The contract has a one-year base term, four one-year options and a total value of more than $91 million, if all options are exercised. Through the contract, EMA will provide advanced technology services including systems engineering, integration and technical support; program and configuration management; network security systems engineering, and training and procurement support. EMA also will support information assurance certification, test, and evaluation; integrated logistics support and life cycle support; security sustainment services; and security operations as required by Space and Naval Warfare Command (SPAWAR). Work under this contract will be performed in Charleston and Norfolk, Va. "We look forward to continuing our long relationship with SPAWAR Systems Center Charleston with this contract," said John McAllister, chief executive officer of EMA. "SSCC's work, and our support of that effort, provides our Navy and Joint Forces, support in information operations, information assurance, and information warfare." EMA, a C4ISR, information technology, and naval aviation support services firm, operates as part of SAIC's Command, Control, Communications, Computers, and Information Technology Business Unit. SAIC is a leading provider of scientific, engineering, systems integration, and technical services and solutions to all branches of the U.S. military, agencies of the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With more than 44,000 employees in over 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers' mission-critical functions. SAIC had annual revenues of $8.3 billion for its fiscal year, which ended January 31, 2007. SAIC: FROM SCIENCE TO SOLUTIONS(TM) 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, 2007, 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. DATASOURCE: SAIC CONTACT: Ron Zollars, San Diego, +1-858-826-7896, , or Melissa Koskovich, McLean, +1-703-676-6762, , both of SAIC Web site: http://www.saic.com/

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