SAIC Wins $46 Million Contract from Dept of Homeland Security Agency for Airport Security

A $46 million contract has been awarded to Science Applications International Corporation (SAIC) (NYSE: SAI) from the Transportation Security Administration (TSA).

TSA, an agency part of the U.S. Department of Homeland Security (DHS) has tasked SAIC with the responsibility of hazardous materials management and disposal services. The services provided will include training programs, treatment storage, and disposal of hazardous waste that will total more than $1.5 million pounds per year.

"This contract award represents the continuation of more than eight years of SAIC support to TSA," said JT Grumski, SAIC senior vice president and business unit general manager of the Mclean-based company. "Having helped stand-up this one-of-a-kind program, SAIC is very pleased to have the opportunity to continue to support our nation's security missions and to help ensure the safe and compliant tracking, management, and disposal of more than 1.5 million pounds of hazardous waste each year."

The single award contract will last up to five years based on performance. Most of the work will be performed off mainland United States in airport locations in Alaska, Hawaii, South Pacific, and U.S. Virgin Islands.

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