Science Applications International Corp.
10260 Campus Point Dr.
San Diego, Calif. 92121
www.saic.com Year founded: 1969 Industry: Information Technology Revenue: $6.72 Billion Net Income/Loss: $351.00 Million Earnings per share: $1.86 Dividend: n/a Stockholder equity: $2.19 Billion Auditor: Deloitte & Touche LLP Stock: Assets: $5.49 Billion Market capitalization: n/a 52-week high: n/a 52-week low: n/a CEO and President: Kenneth C. Dahlberg COO and President-federal business: Duane Andrews Employees: 43079 Local employees: 14889 Description: SAIC is a technology and engineering services company based in San Diego. The employee-owned company has a significant federal business based in McLean. It provides system integration and technology services, project management and biomedical research support to commercial and government customers. Developments: SAIC founder J. Robert Beyster retired after 34 years, opening up the company to the possibility of change. In November, Beyster was replaced by Kenneth C. Dahlberg, a defense industry veteran who held jobs at Raytheon and General Dynamics. Dahlberg has said one of his goals is to consolidate disparate units to form a more powerful and cohesive company. Dahlberg cut the number of its main business units from five to three. Dahlberg named Duane P. Andrews chief of its large federal business, which now includes both defense and civilian customers. In its fiscal year ended Jan. 31, earnings jumped to $351 million from $246 million and revenue rose to $6.7 billion from $5.9 billion. In December, the company's Canadian unit, SAIC Canada, completed its acquisition of Exploranium GS, a Toronto company that makes radiation detection systems. Terms of the deal were not disclosed. Dahlberg has hinted that acquisitions are part of his plan for growth, saying he wants to double the company's revenue in the next five years.
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