RESTON, Va.--(BUSINESS WIRE)--The Pension Benefit Guaranty Corporation (PBGC) awarded Science Applications International Corp. (NYSE: SAIC) a contract to continue to provide the company’s IT operation support services, including IT operation and management services; development modernization, and enhancement; and SharePoint Solutions. The multiple-award contract is valued at more than $248 million over a five-year period for all awardees.
“We’re proud to work with PBGC in providing IT solutions and support to help them in their efforts to protect the retirement security of millions of Americans,” said Bob Genter, executive vice president and general manager of the Civilian Markets Customer Group.
SAIC’s primary point of differentiation is its U-Centric approach, which focuses on solutions and support for the end-user. SAIC’s team delivers top-notch solutions that have earned the organization high marks through the Contractor Performance Assessment Reporting System.
“Our emphasis on the customer experience of the end-user is foundational to our support for our clients. Our team has done an excellent job supporting our customer, and I really can’t thank them enough for their tireless work,” Genter continued.
PBGC protects the retirement security of more than 35 million American workers, retirees, and their families, in private sector defined benefit pension plans. It was created by the Employee Retirement Income Security Act in 1974 to encourage the continuation and maintenance of pension plans.
SAIC is one of three awardees.
SAIC® is a premier technology integrator solving our nation’s most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions.
We are 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $6.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
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