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Business/Financial

SAIC Completes Scitor Acquisition, Opening Door Into Intel Community

By Cal Biesecker

Monday, May 4th, 2015

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SAIC Completes Scitor Acquisition, Opening Door Into Intel Community

SAIC CEO Tony Moraco

Science Applications International Corp. [SAIC] on Monday said it has completed its $790 million cash acquisition of Scitor Holdings, accelerating its entry into the intelligence community and classified work for the Air Force.“This transaction expands the markets we serve and we are dedicated to ensuring continuity of the mission to our customers,” Tony Moraco, SAIC’s CEO, said in a statement.Scitor has capabilities in systems engineering and integration, cyber security, program management, and information technology. It has about $600 million in…

Congress

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Army

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