Science Applications International Corporation (SAIC) (NYSE: SAI) announced it was awarded a prime contract by the U.S. Marine Corps Logistics Command (LOGCOM) to provide innovative and responsive logistics support to meet the evolving mission needs of the war fighter. The multiple-award, indefinite-delivery/indefinite quantity contract has a one-year base period of performance, four one-year options, and a total contract value of $854 million for all awardees, if all options are exercised. Work will be performed throughout the continental United States and outside the continental United States.
LOGCOM provides worldwide integrated logistics/supply chain and distribution management; maintenance management; and strategic prepositioning capability in support of the operating forces and other supported units.
Under the contract, SAIC will provide logistics support in several task areas, including: program management and operations; information/technology specialized support; training support; program support; transportation/supply support; and maintenance and logistics technical data. SAIC is one of 19 contractors eligible to compete for task orders under the unrestricted category.
"The logistics services SAIC and our team offer through this contract vehicle will improve LOGCOM's ability to meet the emerging needs of the Marines during this key transition period," said SAIC Senior Vice President and Group General Manager Larry Hill.
Source: Science Applications International Corporation (SAIC) (NYSE: SAI)
Date: Aug 28, 2013