SAIC Reports 3Q Growth in Health, Intelligence, Cyber Solutions

SAIC Inc. (NYSE: SAI) has reported financial results for the third quarter of its 2012 fiscal year ended Oct. 31.

The company generated greater revenue growth than during the third quarter of its 2011 fiscal year in its health, energy and civil solutions operating segment and its intelligence and cybersecurity solutions operating segment.

  • health, energy and civil solutions revenue grew more than 5.5 percent to $758 million

The company said revenues from healthcare IT consulting services helped drive up operating margins to 10.6 percent of revenue from 8.6 percent in the previous year period.

  • intelligence and cybersecurity solutions revenue grew more than 5.4 percent to $936 million

The company said this was driven by internal growth in airborne surveillance, intelligence analysis and cybersecurity programs. SAIC also reported higher material deliveries on an intelligence processing, exploitation and dissemination contract.

Related Posts