:

Business/Financial

SAIC Posts Strong Start To Fiscal Year; Acquiring Federal Health IT Company

By Cal Biesecker

Friday, June 4th, 2021

SHARE:

SAIC Posts Strong Start To Fiscal Year; Acquiring Federal Health IT Company

SAIC CEO Nazzic Keene. Photo: SAIC

Science Applications International Corp. [SAIC] late last Thursday afternoon reported strong first quarter results driven in part by an acquisition a year ago and solid organic growth, despite continued impacts from the pandemic, and profits improved on higher operating margin. SAIC also said it has agreed to acquire Halfaker and Associates, LLC, a provider of federal health information technology (IT) solutions, giving it a presence in this area and also bolstering its capabilities in digital services, data analytics, cybersecurity and…

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]