Growth of the Company: FY 2003
Revenues for the Fiscal Year ended January 31, 2003 (Fiscal 2003) were $5.9 billion. SAIC now ranks #288 on the FORTUNE® 500 list of the largest U.S. companies.
Fiscal Year 2003
Our strong growth also resulted in SAIC being ranked #1 among the Top Federal Systems Integration Contractors by Government Executive magazine.
SAIC won major contracts in several commercial growth areas. For the energy industry, new contracts included providing consolidated information technology (IT) infrastructure and managed services for BP, IT services for Calpine Corporation, and IT integration and software management for Alyeska Pipeline Service Company. For the automotive industry, our engineering experience will be used to help standardize vehicle electrical system designs for Ford Motor Company's future vehicles.
Numerous large federal government contracts also were awarded to SAIC during fiscal year 2003.
A contract from the Department of Interior's GovWorks Federal Acquisition Center for the Gateway/Defense Message System, the secure messaging system that will replace the Department of Defense's (DoD) legacy Automatic Digital Network. The five-year contract has a potential ceiling value of $1 billion.
A contract award from the Defense Information Systems Agency (DISA) to perform next generation engineering services for federal and DoD agencies worldwide. This multiple award, indefinite-delivery/indefinite-quantity (IDIQ) contract will have a seven-year lifecycle and a total, overall contract ceiling value of $1 billion.
An award from the Defense Threat Reduction Agency (DTRA) to support arms control, nonproliferation, and homeland security initiatives by supplying research and development services for DTRA programs to reduce the threats from weapons of mass destruction. This is a 10-year contract with a total ceiling value of $690 million.
An award from the National Guard Bureau to provide environmental engineering, scientific, and remediation support services for the Air National Guard and Army National Guard. This multiple, IDIQ contract has a ceiling value of $598 million with one base and nine option years.
- A contract from the National Security Agency (NSA) to provide the technology demonstration platform phase of the TRAILBLAZER program. This phase of the program currently is estimated at $280 million and will be performed over a period of 26 months.
During the year, SAIC made several significant strategic acquisitions and mergers to strengthen its consulting practice, engineering services for DoD, and IT services.