SAIC Wins $68 Million Contract With National Geospatial-Intelligence Agency to Deliver Apps and Data Content

SAIC Wins $68 Million Contract With National Geospatial-Intelligence Agency to Deliver Apps and Data Content

RESTON, Va.–(BUSINESS WIRE)–The National Geospatial-Intelligence Agency has awarded the $68 million Zeus contract to Science Applications International Corp. (NYSE: SAIC). The Zeus acquisition is the follow-on contract for the Innovative GEOINT Application Provider Program (IGAPP) that SAIC has supported since 2014. SAIC serves as the unbiased trusted broker for NGA, partnering with startups and innovative sources to acquire apps and data content that support geospatial intelligence missions.

“IGAPP drives the swift delivery of innovations to the defense and intelligence communities,” said Michael LaRouche, executive vice president and general manager of SAIC’s National Security Customer Group. “Not only does the program bring advanced commercial applications to the NGA GEOINT AppStore for use by Department of Defense and intelligence community users, it also models an effective and streamlined acquisition process. The NGA is really at the forefront of agile acquisition in government, and we are proud to partner with them.”

Zeus expands the scale and scope of the IGAPP program. SAIC will be responsible for identifying, prescreening, price negotiating, recommending, and delivering candidate applications and data content to NGA. The program will continue to operate under the IGAPP program name.

Under IGAPP, SAIC will implement strategies to increase the number and quality of apps and data content brought to the government for consideration. The expanded scope of the follow-on will provide NGA with expedited access to non-traditional content providers and new, innovative application capabilities that leverage that content. Additionally, the SAIC team vets and clears the apps and data sets of any security vulnerabilities.

About SAIC

SAIC® is a premier technology integrator solving our nation’s most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, 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.

We are 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $6.5 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.

Approved for public release, 20-061
Contacts
SAIC Media Contact:Lauren Presti
703-676-8982
[email protected]

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