TYSONS CORNER, VA, January 29, 2018 — Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company gained increased capacity to pursue new markets and larger-scale business opportunities in the public sector following its $2.5B acquisition of Engility, ExecutiveBiz reported Jan. 22.
Moraco, a 2019 Wash100 awardee, told The Washington Post in a report published Jan. 20 that the transaction, which brought in 6K new personnel with security clearances, enables SAIC to explore big contracts in space, intelligence and mission assurance as well as invest more in research and development.
“We can spend more money on opportunities to expand and grow the business as opposed to protecting the business as it is today,” Moraco told the publication.
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