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SAIC Awarded U.S. Air Force Contract to Support DoD Combatant Commands

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SAIC secured a contract with the U.S. Air Force Life Cycle and Management Center valued at up to $90 million to enhance defenses against small unmanned aircraft systems (sUAS) threats. The contract includes a one-year base period with three optional years, expanding SAIC's existing role in counter-sUAS initiatives for the Department of Defense. Services will include logistics support, system maintenance, and modernization. SAIC aims to leverage its technological expertise to safeguard U.S. forces and support various Combatant Commands.

Positive
  • Won a contract worth up to $90 million with U.S. Air Force.
  • One-year base period with three additional options to extend.
  • Continues to expand its existing counter-sUAS role with the Department of Defense.
  • Leveraging technology innovations to enhance threat mitigation.
Negative
  • None.

Science Applications International Corp. (NYSE: SAIC) won a new contract with the U.S. Air Force Life Cycle and Management Center, Force Protection Division to help the U.S. Department of Defense Combatant Commands mitigate small unmanned aircraft systems (sUAS) threats and protect U.S. forces.

Under the contract, SAIC will provide a broad range of integrated logistics support and sustainment services necessary to modernize defenses against the rapidly evolving threat of sUAS in the U.S., host nations, and global contingency locations. The single-award contract has a one-year base period of performance with three one-year options, and is worth up to $90 million.

SAIC currently supports the U.S. Army’s counter-sUAS programs and will continue its work through this new Air Force Contract.

“SAIC’s past performance with the Army for more than nine years demonstrates our ability to provide the Combatant Commands with a full range of support and sustainment services for modernization of counter-sUAS that will help contain this growing tactical threat,” said Michael LaRouche, president of SAIC’s National Security and Space sector. “We are incredibly proud and honored to continue this important work.”

SAIC technology innovations will be leveraged to enhance the ability to neutralize sUAS threats. SAIC will be primarily responsible for repairing and maintaining counter-sUAS systems, equipment, and software, including help desk support, logistics, corrective and preventative maintenance, training, and supply chain management. The company will also provide innovative ways to modernize systems.

SAIC will provide these services to several Combatant Commands, including Central Command, European Command, Indo-Pacific Command, and Strategic Command., as well as the U.S. Space Force.

About SAIC

SAIC® is a premier Fortune 500® technology integrator driving our nation’s digital transformation. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes secure high-end solutions in engineering, IT modernization, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions that are critical to achieving our customers' missions.

We are more than 26,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $7.1 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.

FAQ

What is the value of SAIC's new contract with the U.S. Air Force?

The contract is valued at up to $90 million.

How long is the base period for SAIC's new contract?

The contract includes a one-year base period with three optional years.

Which commands will SAIC support under this new contract?

SAIC will provide services to several Combatant Commands, including Central Command and European Command.

What services will SAIC provide under the new Air Force contract?

SAIC will provide logistics support, system maintenance, and modernization services.

What experience does SAIC have with counter-sUAS programs?

SAIC has supported the U.S. Army's counter-sUAS programs for over nine years.

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