Le Lézard
Classified in: Science and technology
Subject: Contract/Agreement

Orange County, California Awards SAIC $55 Million IT Services Contract


The County of Orange, California awarded Science Applications International Corp. (NYSE: SAIC) a contract extension to continue to provide information technology (IT) managed services and solutions to agencies and departments within the county. As part of the contract, SAIC's services will support the county's data center, desktop, service desk, and applications.

"This contract extension is a testament to our success in delivering high performance IT managed services to the County of Orange," said Bob Genter, executive vice president and general manager of the Civilian Markets Customer Group. "We are committed to helping the county continue to reduce costs, improve operational efficiencies, and improve services to residents."

The firm-fixed-price contract has a base period of performance of 53 months and is valued at approximately $55 million. If exercised, the contract has two one-year options. Work will be primarily performed in Santa Ana, California.

Under the contract, SAIC will deliver services to support the county's IT and technology environments in the following areas:

The County of Orange government consists of 25 departments (and respective divisions) that provide services to its 3 million residents. The county serves as a regional service provider and planning agency whose core businesses include public safety, public health, environmental protection, regional planning, public assistance, social services, and aviation.

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.


These press releases may also interest you

at 06:50
Imagine a world where customers literally didn't have to lift a finger to engage with their favorite brands. Many consumers already use basic voice commands with their phones or home assistants, but voice tech in the age of GenAI is poised to...

at 06:49
MainStreaming, an intelligent media delivery company, today proudly announced the appointment of Tassilo Raesig as its new Chief Operating Officer (COO), effective from April 2024. With a track record of leadership and strategic vision, Tassilo comes...

at 06:45
The Unmanned Underwater Vehicles Market is valued at USD 4.8 billion in 2024 and is projected to reach USD 11.1 billion by 2030, at a CAGR of 15.0% from 2024 to 2030 according to a new report by MarketsandMarketstm. The market is driven by the...

at 06:45
Nothing today announced during its Q1 Community Update, live from Tokyo, Japan that it will be establishing a new foundation of its audio product suite with two new wireless earbuds, Nothing Ear and Nothing Ear (a). Simultaneously, Nothing announced...

at 06:45
On April 17, FAIR Health hosted a webinar entitled "Fifteen Years of Advancing Health Literacy and Cost Transparency: A Free Webinar on FAIR Health's Award-Winning Consumer Resources." This webinar offered a comprehensive review of FAIR Health's...

at 06:38
"According to the latest research study, the demand for Biologic Therapeutic Drugs: Technologies and Global Markets expected to grow from $452.9 in 2023 to reach $823.4 billion by the end of 2028 at a compound annual growth rate (CAGR) of 12.7%...



News published on and distributed by: