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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.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

David Smith
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