SAIC Awarded $53 Million Contract to Support the TRICARE® Military Health System — Press Release

by: Matthew Potter
May 20, 2011

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SAIC Awarded $53 Million Contract to Support the TRICARE® Military Health System

Company to Provide Information Technology Services and Electronic Health Record Systems Support

MCLEAN, Va., May 19, 2011 /PRNewswire/ — Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the Department of Defense to provide information technology (IT) services and electronic health record systems support to the TRICARE® Management Activity Military Health System (MHS). The contract has a one-year base period of performance, three one-year options, and a total value of $53 million if all options are exercised. Work will be performed in Falls Church, Va. and San Diego, Calif.

MHS manages the TRICARE® health care program for more than nine million active duty, National Guard and Reserve, retired service members, their families and beneficiaries. Under the contract, SAIC will provide IT services as required, to improve the current electronic health record (EHR) by addressing existing technical and functional EHR challenges. The services include the necessary fixes to the legacy EHR systems and architecture so that the EHR capability will be more reliable, stable, user friendly and perform with adequate speed. The contract also provides for the new capabilities that need to be implemented in support of the Captain James A. Lovell Federal Health Care Center in North Chicago.

“SAIC is pleased to continue providing critical support to assist MHS in enhancing the agency’s health care information management system,” said Steve Comber, SAIC senior vice president and business unit general manager. “We look forward to modernizing the current suite of EHR applications, and helping sustain clinical systems that support the highest quality of care-giving to our military men and women and their family members.”

About SAIC

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 and the environment, critical infrastructure and health. The company’s approximately 43,000 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 $11.1 billion for its fiscal year ended January 31, 2011. For more information, visit 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.

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