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| Company type | Public company |
|---|---|
| Industry | Information technology and engineering |
| Founded | 1969; 57 years ago (1969) (original company) 2013; 13 years ago (2013) (asLeidos spin-off; formerly SAIC) |
| Headquarters | , U.S. |
Area served | Worldwide |
Key people |
|
| Revenue |  US$7.70 billion (2023) |
| US$501 million (2023) | |
| US$303 million (2023) | |
| Total assets |  US$5.54 billion (2023) |
| Total equity | US$1.69 billion (2023) |
Number of employees | c. 25,000 (2023) |
| Website | saic |
| Footnotes / references Financials as of February 3, 2023[update] References:[3][4][5][6] | |
Science Applications International Corporation, Inc. (SAIC) is an American technology company headquartered inReston, Virginia that provides government services and information technology support.[7]
The original SAIC was created in 1969 byJ. Robert Beyster. Then on September 27, 2013, itspun off a $4 billion unit which retained its name,[8] while the parent company changed its name toLeidos. The business units were separated into elements focused on 1) direct support and technical advice to government organizations (the SAIC portion), and 2) capability development (Leidos). Following the split, Anthony J. Moraco was appointed CEO of SAIC, andJohn P. Jumper was appointed CEO of Leidos.[9] The primary motivation for the spinoff was the conflicts of interest provisions in theFederal Acquisition Regulation which prevented the company from bidding on some new contracts because of existing contracts.[10][7]
Deborah Lee James, president of SAIC's technology and engineering sector, was sworn in asSecretary of the Air Force on December 20, 2013, after being appointed by PresidentBarack Obama.
On May 4, 2015, SAIC acquired Scitor Holdings, Inc. for $790 million to expand its presence in the intelligence industry through classified contracts, cleared personnel, and a robust security infrastructure.[11] Scitor was previously owned byLeonard Green & Partners, L.P., aprivate equity firm.[12]
On September 10, 2018, SAIC announced its acquisition ofEngility, a competitor in the U.S. government services contracting sector, for a combined US$2.5 billion with the merger set to take place in January 2019.[13]
On February 6, 2020, SAIC announced its acquisition ofUnisys US Federal, a competitor in the U.S. government services contracting sector, for a combined US$1.2 billion.[14][15]
In 2021, SAIC acquired Halfaker and Associates, a Virginia-based technology services company founded by veterans’ advocateFrances Dawn Halfaker.[16]
In 2012 SAIC was ordered to pay $500 million to theCity of New York foroverbilling the city over a period of seven years on the CityTime contract.[17][18] In 2014 Gerard Denault, SAIC's CityTime program manager, and his government contact were sentenced to 20 years in prison for fraud and bribery related to that contract.[19]
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