SAN DIEGO and MCLEAN, Va., April 23 /PRNewswire-FirstCall/ -- Science Applications International Corporation announced today that it received the Dwight D. Eisenhower Award for Excellence from the Small Business Administration (SBA). SAIC received this award in the research and development category, recognizing its commitment to using small businesses as subcontractors and suppliers.
During the federal government fiscal year 2006, SAIC subcontracted more than $1.2 billion to small businesses. This amount accounts for approximately 15 percent of SAIC's total revenue for the same period.
The Eisenhower Award was presented to George Otchere, SAIC senior vice president and director of small business programs, during Small Business Week in Washington, D.C.
"SAIC believes that working with small businesses makes good business sense," said Otchere. "By working together, we tap the strength of diversity. Our highly talented employees, in conjunction with the capable professional staff of our small business teammates, create innovative solutions that help solve complex challenges facing our customers and the nation." The SBA, created in 1953 during the Eisenhower administration, is dedicated to helping the growth of small businesses. The Eisenhower Award, created in 1991, is given to firms that qualify as large businesses and operate as federal prime contractors in the areas of research and development, manufacturing, service, construction, and utility.
Nominees for the Eisenhower Award are selected from a large pool of contractors. To be considered for the award, companies must provide maximum, practicable opportunities for small businesses as required by the statute and regulations. Eisenhower Award winners are chosen from a select group.
SAIC is a leading provider of scientific, engineering, systems integration and technical services and solutions to all branches of U.S. military, agencies of Department of Defense, the intelligence community, the U.S. Department of Homeland Security and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With more than 44,000 employees in over 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers' mission-critical functions. SAIC had annual revenues of 8.3 billion for its fiscal year ended in January 31, 2007.
SAIC: FROM SCIENCE TO SOLUTIONS(TM)
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, 2007, and such other 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.
