Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a prime contract by the U.S. Army Environmental Command (USAEC) to provide environmental remediation support services at Army installations nationwide. The multiple-award indefinite-delivery/indefinite-quantity contract has a five-year base period of performance and a total contract value of $240 million for all awardees.
The USAEC leads and executes Army cleanup and environmental quality programs, providing technical expertise to enable soldier readiness and sustainable military communities. Under the contract, SAIC will provide development of technical and regulatory solutions to address critical Army environmental clean-up issues. SAIC is one of nine contractors eligible to compete for task orders under this contract.
"This contract award represents a tremendous opportunity for SAIC to develop and apply solutions to difficult environmental problems and insure the safety of military communities," said JT Grumski, SAIC senior vice president and business unit general manager.
Source: Science Applications International Corporation (SAIC) (NYSE: SAI)
Date: Jan 3, 2013