By Calvin Biesecker SAIC [SAI] on Tuesday lowered its organic revenue and earnings expectations for the year amid uncertainty in the government contracting environment including delays in the contracting cycle, and the company's new chief outlined a strategy that deemphasizes some what core services market in favor directing more resources to specific high growth areas. The contracting cycle is being delayed on the front end as new business opportunities are emerging more slowly than expected and on the back end…
As Outlook Dims, SAIC Alters Strategy To Focus On High Growth Areas
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