MCLEAN, Va., Feb. 15, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) [NYSE: SAI] announced today it was awarded a prime contract by the U.S. Naval Medical Logistics Command (NMLC) to provide operational and medical research and development services to the Bureau of Medicine and Surgery (BUMED) Military Treatment Facilities (MTF) under the Clinical Investigation Program (CIP). The five-year, multiple-award, indefinite delivery, indefinite quantity (IDIQ) Investigational Research Omnibus contract has a potential value of $49.9 million for all awardees.
BUMED affords high quality health care to beneficiaries, providing care for uniformed services' family members and retirees at military treatment facilities around the globe. Under the contract, SAIC will provide research and development services as required, including: clinical research, experimental design, protocol development, data entry, statistical analysis, scientific literature review for research projects, diagnostic and experimental tests, and ongoing and future research projects. SAIC is one of nine contractors that will compete for task orders under the contract.
"We are proud to continue our support of the Navy's medical research and development program to ensure the health, safety and readiness of our military personnel, and their mission's success," said Steve Comber, SAIC senior vice president and business unit general manager.
SAIC is a FORTUNE 500®scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy & environment, health, and cybersecurity. The company's approximately 41,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of approximately $11 billion for its fiscal year ended January 31, 2011. For more information, visit www.saic.com. SAIC: From Science to Solutions®
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2011, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.