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Department of Defense Awards SAIC Prime Position on $1.8B PRISM Contract

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SAIC has secured a prime position on the $1.8 billion Personnel and Readiness Infrastructure Support Management (PRISM) Multiple Award Task Order Contract for the Department of Defense. The contract includes one base year plus four option years, supporting the Office of the Undersecretary of Defense for Personnel and Readiness (OUSD P&R) and its strategic partners.

The PRISM contract implements Streamline Task Order Ordering Procedures (STOOP), designed to reduce acquisition lead time and increase process flexibility. SAIC will focus on enhancing OUSD P&R's operational capabilities through technology integration, data analytics, and mission support services, aiming to optimize readiness and strengthen defense personnel framework.

SAIC ha ottenuto una posizione di rilievo nel contratto Multiple Award Task Order Contract (MATOC) da 1,8 miliardi di dollari per il Supporto alla Gestione delle Persone e dell'Infrastruttura della Prontezza (PRISM) per il Dipartimento della Difesa. Il contratto prevede un anno base più quattro anni opzionali, a supporto dell'Ufficio del Sottosegretario della Difesa per le Persone e la Prontezza (OUSD P&R) e dei suoi partner strategici.

Il contratto PRISM implementa le Procedure di Ordinazione Semplificate per gli Ordini (STOOP), progettate per ridurre i tempi di acquisizione e aumentare la flessibilità del processo. SAIC si concentrerà sul miglioramento delle capacità operative dell'OUSD P&R attraverso l'integrazione tecnologica, l'analisi dei dati e i servizi di supporto alle missioni, con l'obiettivo di ottimizzare la prontezza e rafforzare il quadro del personale della difesa.

SAIC ha obtenido una posición destacada en el Contrato Multiple Award Task Order Contract (MATOC) de 1.8 mil millones de dólares para el Soporte de Gestión de Personal e Infraestructura de Preparación (PRISM) del Departamento de Defensa. El contrato incluye un año base más cuatro años opcionales, apoyando a la Oficina del Subsecretario de Defensa para Personal y Preparación (OUSD P&R) y sus socios estratégicos.

El contrato PRISM implementa los Procedimientos Simplificados de Pedido de Órdenes (STOOP), diseñados para reducir el tiempo de adquisición y aumentar la flexibilidad del proceso. SAIC se enfocará en mejorar las capacidades operativas del OUSD P&R a través de la integración tecnológica, el análisis de datos y los servicios de apoyo a las misiones, con el objetivo de optimizar la preparación y fortalecer la estructura del personal de defensa.

SAIC는 국방부를 위한 18억 달러 규모의 인사 및 준비 인프라 지원 관리(PRISM) 다수 수상 작업 주문 계약에서 주요 위치를 확보했습니다. 이 계약은 1년 기본 계약과 4년의 선택 계약을 포함하며, 인사 및 준비를 위한 국방부 차관실(OUSD P&R) 및 그 전략적 파트너를 지원합니다.

PRISM 계약은 조달 리드 타임을 줄이고 프로세스 유연성을 높이기 위해 설계된 간소화된 작업 주문 절차(STOOP)를 구현합니다. SAIC는 기술 통합, 데이터 분석 및 임무 지원 서비스를 통해 OUSD P&R의 운영 능력을 향상시키는 데 집중하며, 준비성을 최적화하고 방위 인사 구조를 강화하는 것을 목표로 하고 있습니다.

SAIC a sécurisé une position de premier plan dans le contrat Multiple Award Task Order Contract (MATOC) d'une valeur de 1,8 milliard de dollars pour le Support à la Gestion des Personnels et des Infrastructures de Préparation (PRISM) pour le Département de la Défense. Le contrat comprend une année de base plus quatre années optionnelles, soutenant le Bureau du Sous-secrétariat à la Défense pour le Personnel et la Préparation (OUSD P&R) et ses partenaires stratégiques.

Le contrat PRISM met en œuvre des Procédures Simplifiées de Commande de Tâches (STOOP), conçues pour réduire les délais d'acquisition et accroître la flexibilité du processus. SAIC se concentrera sur l'amélioration des capacités opérationnelles de l'OUSD P&R grâce à l'intégration de la technologie, à l'analyse des données et aux services de soutien aux missions, visant à optimiser la préparation et à renforcer le cadre du personnel de défense.

SAIC hat eine erstklassige Position im Vertrag über die Multiple Award Task Order Contract (MATOC) über 1,8 Milliarden Dollar für das Personal- und Bereitschaftsinfrastrukturmanagement (PRISM) beim Verteidigungsministerium sichergestellt. Der Vertrag umfasst ein Basisjahr sowie vier Optionen und unterstützt das Büro des Unterstaatssekretärs der Verteidigung für Personal und Bereitschaft (OUSD P&R) sowie seine strategischen Partner.

Der PRISM-Vertrag implementiert die vereinfachten Verfahren zur Bestellung von Aufträgen (STOOP), die darauf abzielen, die Beschaffungszeiten zu verkürzen und die Prozessflexibilität zu erhöhen. SAIC wird sich darauf konzentrieren, die operationale Fähigkeit von OUSD P&R durch Technologieregion, Datenanalyse und Mission Support Services zu verbessern, mit dem Ziel, die Bereitschaft zu optimieren und den Rahmen des Verteidigungspersonals zu stärken.

Positive
  • Secured prime position on $1.8B DoD PRISM contract
  • Contract duration of up to 5 years (1 base + 4 option years)
  • Streamlined ordering procedures reduce acquisition lead time
Negative
  • None.

Insights

The $1.8 billion PRISM MATOC award represents a significant opportunity for SAIC to expand its defense sector footprint. While this is a multiple-award contract with other vendors likely competing for task orders, SAIC's established presence in defense technology integration positions them well to capture a meaningful share. The 5-year contract structure (1 base + 4 option years) provides potential for steady revenue streams, though actual task order wins will determine the realized value. The STOOP procedures could accelerate task order awards, potentially leading to faster revenue recognition compared to traditional contract vehicles.

The focus on personnel readiness infrastructure aligns with DoD's increasing investments in force modernization and data-driven decision making. With a current market cap of $5.5 billion, this contract vehicle represents a substantial opportunity relative to SAIC's size, though impact will depend on task order win rates and execution.

The PRISM contract's emphasis on data integration and real-time analytics signals a strategic shift in defense personnel management. SAIC's commitment to implementing advanced data analytics capabilities could transform how the DoD handles workforce readiness assessment and resource allocation. The streamlined acquisition process (STOOP) indicates a push toward agile implementation of technology solutions, which could accelerate innovation cycles and improve system responsiveness.

The focus on technology integration and data-driven decision-making aligns with modern military requirements for rapid information processing and actionable insights. This positions SAIC to potentially introduce cutting-edge solutions in areas like predictive analytics for personnel readiness and automated workflow optimization, creating long-term value beyond the initial contract scope.

Company will provide support to OUSD P&R and its Strategic Partners

RESTON, Va., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) has been awarded a prime position on the $1.8 billion Personnel and Readiness Infrastructure Support Management (PRISM) Multiple Award Task Order Contract (“MATOC”) vehicle to support the Department of Defense (DoD) and its need to obtain critical services in a shorter time frame. The contract award is for one base year and four option years.

The PRISM contract provides the Office of the Undersecretary of Defense for Personnel and Readiness (OUSD P&R) and strategic partners with innovative and cost-effective services through the use of Streamline Task Order Ordering Procedures (“STOOP”). These procedures result in a significant reduction in acquisition lead time and increased flexibility for the entire acquisition process.

“Under the PRISM MATOC, SAIC aims to enhance the operational capabilities of the Office of the Under Secretary of Defense for Personnel & Readiness (OUSD P&R) and its Directorates,” said Josh Jackson, executive vice president and manager, Army Business Group. “We steadfastly commit to providing innovative and cost-effective services as well as leveraging expertise in technology integration, data analytics, and mission support to empower OUSD P&R to streamline operations, optimize readiness, and ensure a resilient and agile defense personnel framework.”

Under the contract, SAIC is committed to bolstering Department of Defense (DoD) readiness through advanced data integration and instantaneous analytics. This initiative will refine operational workflows, elevate strategic decision-making, and cultivate a well-informed, proactive defense community. By doing so, SAIC will directly contribute to the reinforcement of national security, delivering it with heightened proficiency and impact.

To learn more, visit www.saic.com/defense

About SAIC 
SAIC is a premier Fortune 500 technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.  

We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom. 

Forward-Looking Statements 
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. 

Media Contacts:
Gregory Hicks
619.961.0075 | Gregory.L.Hicks@saic.com


FAQ

What is the value of SAIC's new PRISM contract with the Department of Defense?

The PRISM contract awarded to SAIC is valued at $1.8 billion.

How long is the duration of SAIC's PRISM contract?

The contract includes one base year plus four option years, for a total potential duration of five years.

What services will SAIC provide under the PRISM contract?

SAIC will provide technology integration, data analytics, and mission support services to enhance operational capabilities for the Office of the Under Secretary of Defense for Personnel & Readiness.

What is STOOP in SAIC's PRISM contract?

STOOP (Streamline Task Order Ordering Procedures) is a system that reduces acquisition lead time and increases flexibility in the procurement process.

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