SAIC Wins Prime Contract by FEMA for Exercise Design and Control Support

Science Applications International Corporation (SAIC) (NYSE: SAI) announced today it was awarded a prime contract by the Federal Emergency Management Agency (FEMA) to provide exercise design and control support services to the FEMA National Exercise Division (NED) to enrich the National Exercise Program (NEP). The single-award, cost-plus fixed-fee contract has a one-year base period of performance, four one-year options, and a total contract value of approximately $39 million, if all options are exercised. The NEP base plan is the foundation for FEMA's collective effort to assess and evaluate national preparedness across the homeland security enterprise. Under the contract, SAIC will provide exercise design and control support services to the NED, including Homeland Security Exercise and Evaluation Program (HSEEP) compliant support to the Federal Interagency and whole community at the national, state, territorial, tribal and local levels over the course of the NEP two-year cycle.

(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Posted in: News, Contracts

Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

Editor's Picks