Science Applications International Corporation, Inc. (SAIC) is an American technology company headquartered in

Reston, Virginia Reston is a census-designated place in Fairfax County, Virginia, United States, and a principal city of both Northern Virginia and the Washington metropolitan area. As of the 2020 U.S. census, Reston's population was 63,226. Founded in 1964, Rest ...

that provides government services and information technology support.

History

20th century

The original SAIC was created in 1969 by J. Robert Beyster. Then on September 27, 2013, it spun off a $4 billion unit which retained its name, while the parent company changed its name to

Leidos Leidos Holdings, Inc. is an American defense company, defense, Aerospace manufacturer, aviation, information technology, and biomedical research company headquartered in Reston, Virginia, that provides scientific, engineering, systems integrati ...

. 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, and John P. Jumper was appointed CEO of Leidos. The primary motivation for the spinoff was the conflicts of interest provisions in the

Federal Acquisition Regulation The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States. The document describes the procedures executive branch agencies use for acquiring products and services. FAR is part o ...

which prevented the company from bidding on some new contracts because of existing contracts.

21st century

Deborah Lee James, president of SAIC's technology and engineering sector, was sworn in as

Secretary of the Air Force The secretary of the Air Force, sometimes referred to as the secretary of the Department of the Air Force, (SecAF, or SAF/OS) is the head of the Department of the Air Force and the service secretary for the United States Air Force and United Sta ...

on December 20, 2013, after being appointed by President

Barack Obama Barack Hussein Obama II (born August 4, 1961) is an American politician who was the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American president in American history. O ...

. 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. Scitor was previously owned by Leonard Green & Partners, L.P., a

private equity firm A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...

. On September 10, 2018, SAIC announced its acquisition of Engility, 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. On February 6, 2020, SAIC announced its acquisition of

Unisys Unisys Corporation is a global technology solutions company founded in 1986 and headquartered in Blue Bell, Pennsylvania. The company provides cloud, AI, digital workplace, logistics, and enterprise computing services. History Founding Unis ...

US Federal, a competitor in the U.S. government services contracting sector, for a combined US$1.2 billion. In 2021, SAIC acquired Halfaker and Associates, a Virginia-based technology services company founded by veterans’ advocate Frances Dawn Halfaker.

CityTime payroll scandal

In 2012 SAIC was ordered to pay $500 million to the City of New York for

overbilling Overbilling (sometimes spelled as over-billing) is the practice of charging more than is legally or ethically acceptable on an invoice or bill. Overview Contractors and professionals Overbilling in the medical industry can occur when doctors seek ...

the city over a period of seven years on the CityTime contract. 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.

References

External links

* 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 {{US-company-stub