Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $700M contract to help the Defense Logistics Agency to supply chemicals, packaged petroleum, oils and lubricants to military and government organizations.
SAIC will deliver the products to the U.S. Army, U.S. Navy, U.S. Air Force, U.S. Marine Corps, as well as federal civilian agencies and foreign military customers under the indefinite-deliver/indefinite-quantity contract, the Defense Department said Friday.
Work under the five-year base period will occur through Oct. 14, 2021 in New Jersey, Pennsylvania, Georgia, California, Texas and Arizona.
The contract also includes one three-year and one two-year option periods.
DLA’s aviation division received two bids for the procurement effort that the agency will fund using defense working capital funds in fiscal 2016.