:

Business/Financial

SAIC Consolidates Organizational Structure; Offers Early Retirement Package

By Cal Biesecker

Friday, October 6th, 2017

SHARE:

SAIC Consolidates Organizational Structure; Offers Early Retirement Package

SAIC CEO Tony Moraco

Science Applications International Corp. [SAIC] has consolidated its customer facing groups and capabilities focused service lines to improve its strategy execution.Last week the company also said it has offered a voluntary retirement incentive package to about 100 senior managers. A company spokesman told Defense Daily that there is no estimate of a potential charge associated with the voluntary retirement offer because the company doesn’t know how many employees will accept the offer. The offer is good until mid-November.Under the consolidation…

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]