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SAIC, Booz Allen See Potential Federal Spending Increase on Defense; Tony Moraco Comments

Tony Moraco
Tony Moraco

TYSONS CORNER, VA, December 9, 2015 — Science Applications International Corp. (NYSE: SAIC),  Booz Allen Hamilton (NYSE: BAH) and other defense companies could see an increase in business as the federal government works to counter terrorist threats, ExecutiveBiz reported Monday.

The Washington Business Journal reported Friday SAIC CEO Tony Moraco and Booz Allen CFO Kevin Cook have both expressed some anticipation of increased federal spending on defense.

“[It’s] really not getting any safer, so we expect that we will see some potential impact, ” Moraco said.

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