Science Applications International Corporation
| Company type | Public |
|---|---|
| Industry | Technology, Government services, IT support |
| Founded | 1969 |
| Founder | J. Robert Beyster |
| Headquarters | Reston, Virginia , United States |
Key people | Anthony J. Moraco (CEO) |
| Products | Government services, IT support, Consulting |
| Website | www |
Science Applications International Corporation, Inc. (SAIC) is a U.S.-based technology firm located in Reston, Virginia, specializing in government services and IT support.
20th century
SAIC was originally established in 1969 by J. Robert Beyster. On September 27, 2013, the company underwent a corporate spin-off, separating a $4 billion division that continued under the SAIC name,[1] while the parent organization adopted the name Leidos. This separation created two distinct entities: SAIC focused on providing direct technical assistance and consulting to government clients, whereas Leidos concentrated on capability development. Anthony J. Moraco was appointed CEO of SAIC, with John P. Jumper leading Leidos.Cite error: The opening <ref> tag is malformed or has a bad name The restructuring resolved conflicts of interest governed by the Federal Acquisition Regulation, enabling SAIC to bid on new contracts without restrictions imposed by prior engagements.Cite error: The opening <ref> tag is malformed or has a bad name[2]
21st century
Deborah Lee James, who served as president of SAIC’s technology and engineering division, was confirmed as Secretary of the Air Force on December 20, 2013, following her appointment by President Barack Obama.
On May 4, 2015, SAIC expanded its intelligence sector capabilities by acquiring Scitor Holdings, Inc. for $790 million. This acquisition enhanced its classified contract portfolio and added cleared personnel. Scitor had been under the ownership of Leonard Green & Partners, a private equity firm.
SAIC announced on September 10, 2018, its $2.5 billion purchase of rival Engility, broadening its presence in U.S. government services contracting; the merger was finalized in January 2019.
Further strengthening its government contracting position, SAIC acquired Unisys US Federal for $1.2 billion on February 6, 2020.
In 2021, SAIC acquired Halfaker and Associates, a technology services company based in Virginia founded by veterans’ advocate Frances Dawn Halfaker.
CityTime payroll scandal
In 2012, New York City secured a $500 million settlement from SAIC due to overbilling issues related to the CityTime contract over a seven-year period. Subsequently, in 2014, Gerard Denault, who managed SAIC’s CityTime program, along with a government official involved, received 20-year prison sentences for fraud and bribery connected to this contract.
See also
External links
- Pages with reference errors
- Articles with short description
- 2013 establishments in Virginia
- American companies established in 2013
- Companies based in Reston, Virginia
- Companies listed on the New York Stock Exchange
- Corporate spin-offs
- Defense companies of the United States
- Engineering companies of the United States
- Companies in the S&P 400