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Search Results for: SAIC

ScanSource’s Charles Mathis to Join SAIC as EVP, Finance Chief; Tony Moraco Comments

Charles Mathis, executive vice president and chief financial officer of technology products distributor ScanSource, will join Science Applications International Corp. (NYSE: SAIC) to serve in the same dual roles starting Nov. 14. SAIC said Monday Mathis will succeed interim CFO Maria Bishop, who will return to her full-time post as corporate controller. Bishop assumed responsibility for …

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Executive Mosaic Names CNSI’s Arnold Morse Among Top General Counsel Executives

TYSONS CORNER, VA, Oct. 18, 2016 — Executive Mosaic has named Arnold Morse, CNSI general counsel and chief compliance officer, as one of its top general counsel executive awardees, ExecutiveBiz reported Oct. 10. “The first step in removing the legal barriers to delivering a service or facility in response to a government …

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BAE, SAIC Amphibious Combat Vehicle Prototypes to Undergo Tests in 2017

TYSONS CORNER, VA, Sept. 30, 2016 — The Amphibious Combat Vehicle prototypes submitted by BAE Systems and Science Applications International Corp. (NYSE: SAIC) are scheduled to undergo tests by the U.S. Marine Corps in 2017, ExecutiveBiz reported Thursday. Marine Corps Times reported Tuesday the service branch will choose one contractor by 2018 to …

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SAIC Wins Potential $383M Navy Contract for MK 48 Torpedo Components

Science Applications International Corp. (NYSE: SAIC) has won a potential four-year, $383.1 million contract to produce MK 48 Mod 7 heavyweight torpedo components for the U.S. Navy. The Naval Sea Systems Command awarded the firm-fixed-price, cost-plus-fixed-fee contract through a competitive procurement process with two proposals received, the Defense Department said Thursday. …

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SAIC to Support IT Systems Installation at Future Air Force C2 Facility

TYSONS CORNER, VA, Sept. 28, 2016 — Science Applications International Corp. (NYSE: SAIC) will provide technical engineering and installation support for a future command-and-control facility of the U.S. Air Force in Nebraska under a $47 million task order, ExecutiveBiz reported Tuesday. The company said Tuesday it will help the Space and Naval Warfare Systems …

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SAIC Wins $700M Chemicals, Petroleum & Lubricants Supply Contract From DLA

Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $700M contract to help the Defense Logistics Agency to supply chemicals, packaged petroleum, oils and lubricants to military and government organizations. SAIC will deliver the products to the U.S. Army, U.S. Navy, U.S. Air Force, U.S. Marine Corps, as well as federal civilian agencies and foreign military …

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Weekly Roundup September 6-September 9: SAIC Reports Quarterly Earnings, Congress Back In Session, and More

September 6 – September 9 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With summer official coming to a close and the nation celebrating Labor Day we see the government contracting community returning to their normal schedules. With the federal budget year …

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September 8 Market Close: GovCon Index Closes Down Slightly, But Strong Performance From SAIC

Executive Mosaic’s GovCon Index closed down slightly for the second straight day. GovCon stocks split evening with 1/2 advancing and 1/2 declining. The biggest gainer in the GovCon sector was SAIC closing at $69.95, up $3.95 or 6.01%. SAIC released strong quarterly earning of $0.85 per share, beating the Wall Street …

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SAIC CEO: GovCon Services Consolidation to Continue, ‘Time-To-Market’ Key in Bids

Science Applications International Corp.’s (NYSE: SAIC) chief executive told investors Thursday he expects consolidation among government services contractors to continue as companies continue to pursue portfolio reshaping initiatives. SAIC itself was a player in the GovCon services consolidation wave through the $790 million acquisition of Scitor announced in March 2015 nearly five months …

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SAIC 2Q Earnings Top Street on Integration Cost Decline, Revenue Flat

Science Applications International Corp. (NYSE: SAIC) reported second quarter earnings above analyst forecasts before markets opened Thursday with a year-over-year increase to net income in part on lower acquisition and integration costs. GovCon Index-listed SAIC said earnings for the quarter ended Aug. 5, 2016 came in at 85 cents per share …

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