| Science Applications International Corp. |
10260 Campus Point Dr.
San Diego, Calif. 92121
Year founded: 1969
Industry: Information Technology
Revenue: $6.72 Billion
Net Income/Loss: $351.00 Million
Earnings per share: $1.86
Stockholder equity: $2.19 Billion
Auditor: Deloitte & Touche LLP
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
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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