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SAIC Bags Contract From EPA's Climate Change Unit

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1/5/2012 9:06 AM ET

Science Applications International Corporation or SAIC (SAI: Quote) Thursday announced it was awarded a contract by the U.S. Environmental Protection Agency, or EPA , to provide technical and outreach services for the development and implementation of Greenhouse Gas Reporting Program.

The program is a result of the EPA action to report greenhouse gas data in the U.S. The Fixed Rates for Services multi award IDIQ contract has a one-year base period of performance, four one-year options, and a contract ceiling value of more than $139 million if all options are exercised.

Wednesday, SAIC shares closed at $12.57 on the New York Stock Exchange.

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by RTT Staff Writer

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