SAIC gets $13M financial management pact from Defense Finance & Accounting Svc

Mon. June 30, 2008; Posted: 08:01 AM

BOSTON, Jun 30, 2008 (Thomson Financial via COMTEX) -- SAI | Quote | Chart | News | PowerRating -- SAIC Inc. said Monday it received a support contract from the Defense Finance and Accounting Service, or DFAS.

The pact to support the financial management education and training program has a one-year base with four one-year options and a value of more than $13 million if all options are exercised.

Under the terms of the contract, SAIC will design, develop, maintain and instruct a customized finance management education and training curriculum to support the learning needs of the DFAS and Department of Defense management work force.

Shares of SAIC, a San Diego-based technical services company, closed Friday at $21.12. Greg Saulnier gs/jw

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For full details on Saic Inc (SAI) click here. Saic Inc (SAI) has Short Term PowerRatings of 6. Details on Saic Inc (SAI) Short Term PowerRatings is available at This Link.

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