SAIC Awarded New $170.9 Million Contract from the State of Texas for Managed IT Security Services
19 December 2024 - 1:00AM
Science Applications International Corp. (NASDAQ: SAIC), has been
awarded a new contract from the State of Texas’ Department of
Information Resources (DIR) to provide robust cybersecurity
services in protection of state agency networks. The contract has a
projected value of $170.9 million.
This award builds upon SAIC’s growing partnership and support of
state and local governments. In addition to the State of Texas,
SAIC also delivers high-end IT and cybersecurity services to
clients in the Commonwealth of Virginia, State of Colorado, and
State of California.
"We are excited to support our clients’ cybersecurity services
by applying cutting-edge technologies to enhance the speed of
delivery and stay ahead of emerging threats," said Srini Attili,
executive vice president of the Civilian Business Group at SAIC.
"This award expands our cybersecurity work in Texas, and is a
result of our employees' expertise, investment in innovation and
commitment to integrating solutions that will deliver superior
service for the Texas government and its citizens."
Under this contract, SAIC will provide security operations
services to assist DIR customers in maintaining and deploying
security tools; monitoring and managing the overall security
environments; assessing, managing, and mitigating risks; and
meeting the compliance requirements of the state, federal or
industry regulations.
SAIC is the prime contractor on the contract.
About SAICSAIC 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 StatementsCertain 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,”
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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
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involve risk, uncertainties and assumptions, and actual results may
differ materially from the guidance and other forward-looking
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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
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Relations section of our website at saic.com or on the SEC’s
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forward-looking statements, which speak only as of the date hereof.
SAIC expressly disclaims any duty to update any forward-looking
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Media Contact:Kelly Golden717.919.7975 |
kelly.golden@saic.com
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