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SAIC Posts Strong Fourth Quarter

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By Calvin Biesecker SAIC [SAI] on Wednesday reported strong earnings and sales in its fourth quarter bolstered by an expected pick up in its security business as well as a sustained focus on cost control. The company believes earnings and sales will expand further this year and be driven in part by strong security sales, most of which are expected later in the fiscal year, cost containment, and an improved mix of contracts in areas the company is targeting for…

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