SAIC Awarded $13 M DFAS Support Contract

(San Diego and McLean, Va., June 30, 2008) -- Science Applications International Corporation (NYSE: SAI) announced today that it has been awarded a contract by the Defense Finance and Accounting Service (DFAS) to support the Financial Management Education and Training program. This single-award, prime contract has a one-year base period of performance, four one-year options, and a contract value of more than $13 million if all options are exercised. Work will be performed primarily in Southbridge, Mass.

Under the contract, SAIC will design, develop, maintain, and instruct a customized financial management education and training curriculum to support the learning needs of the DFAS and DoD financial management workforce.

"We are pleased to continue our successful relationship with DFAS and to help address their future training needs," said Beverly Seay, SAIC senior vice president and business unit general manager. "SAIC has a deep understanding of the program goals and objectives, and we look forward to providing quality services and innovative solutions to help DFAS effectively accomplish their mission."

Source : SAIC

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