APRIL 29, 2024
SAIC Awarded $494 Million NASA Contract for Safety and Mission Assurance Engineering
Company will advance NASA programs in deep space exploration and human space flight
Reston, Va., April 29, 2024 – Science Applications International Corp. (NYSE: SAIC)has been awarded a $494 million contract by NASA to enable safe and reliable exploration of space through the Safety and Mission Assurance Engineering Contract III (SMAEC) program.
"SAIC is thrilled to support NASA’s next chapters as we go to the Moon and beyond,” said David Ray, executive vice president, Space and Intelligence Business Group at SAIC. “Every mission matters and SAIC's SMAEC team is turning science fiction into reality."
Performing work at the Johnson Space Center in Houston, Texas and the White Sands Test Facility, N.M., SAIC merges distinct expertise, blends commercial ingenuity with federal resilience and incorporates cutting-edge solutions to tackle demanding missions. On the SMAEC program, SAIC will work on next-gen space missions like Orion, the lunar Gateway, the International Space Station and human space flight.
Working across commercial, civil, defense and intelligence space, SAIC’s recent achievements include securing contracts for the modernization of ground stations and launch ranges, and an invitation from NASA to demonstrate the potential of digital engineering for lunar exploration at the Goddard Space Symposium in College Park, Md.
In addition to supporting the government space community, SAIC offers safety and mission assurance, probability risk assessment and software independent verification and validation services to the commercial space sector.
SAIC fosters innovation, enhances customer value through integrated technology and stands ready to address current and future national imperatives.
To learn more about SAIC’s space exploration efforts, please visit SAIC.com/space.
About SAIC
SAIC® is a premier Fortune 500® technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.
We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 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.
Media Contact:
Thais Hanson
703.676.8215 | publicrelations@saic.com