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One of the most significant developments in the GovCon sector of recent memory occurred in August 2012, when Science Applications International Corp. (NYSE: SAI) announced its intention to split into two independent, publicly-traded companies sometime in SAIC’s 2014 fiscal year. The ramifications of the plan are still to be fully determined an...

Thomas will oversee strategy, mergers and acquisitions, communications and government and legislative affairs at Leidos after SAIC splits into two independent companies, SAIC said Wednesday. Stu Shea, SAIC’s current and Leidos’ future chief operating officer, said Thomas will aim to create business strategies, identify acquisition opport...

The other business focused in national security, health and engineering will take on the name “Leidos, ” intended to reflect how the company brings together ideas from different angles and representing a kaleidoscope, SAIC said Monday. Tony Moraco will serve as CEO of SAIC and John Jumper will lead Leidos as chairman and chief executive....

As part of plans to separate into two independent publicly-traded companies, Science Applications International Corp. (NYSE: SAI) announced Monday an initial set of executive appointments for both firms. By the second half of fiscal year 2014, one company will focus on science and technology in the national security, health and engineering sectors w...

The board of directors at SAIC Inc. (NYSE: SAI) has given management approval to formulate a plan to split SAIC into two independent, publicly traded companies. In its announcement, SAIC said it intends for one company to focus on government technical services and enterprise information technology. The other will focus on science and technology solu...

SAIC Inc. (NYSE: SAI) has appointed Mary Craft deputy general manager for the company’s mission support business unit, effective March 12. Larry Hill, SAIC’s mission support general manager, said Craft’s appointment aligns with the company’s plans to grow its workforce across the commercial and federal sectors. The mission suppor...

SAIC Inc. (NYSE: SAI) has promoted Stu Shea to chief operating officer, effective immediately, the company announced Monday. Shea, who joined the McLean, Va-based contractor in 2005, previously served as president of the company’s intelligence, surveillance and reconnaissance group. Shea currently leads nearly 13, 000 scientists and engineers that...

SAIC Inc. (NYSE: SAI) has appointed Larry G. Hill as general manager of the company’s mission support business unit,  effective immediately. Hill will report to Stu Shea, president of SAIC’s intelligence, surveillance and reconnaissance group. Hill joined SAIC in 2005 and has held a variety of executive positions, including deputy business ...

SAIC has announced a series of structural changes designed to direct the company’s resources and energy to emerging and high-growth areas. Effective August 2, SAIC plans to move from four groups to three by combining the Information Technology and Network Solutions Group with the Infrastructure, Logistics and Products Solutions Group. The two ...

SAIC (NYSE: SAI) has completed its acquisition of CloudShield Technologies, Inc., a leading cybersecurity and management solutions provider based in Sunnyvale, Calif. The acquisition will enhance SAIC’s cybersecurity offering, and help the company bring to market DPI solutions for high speed networks. This will enable SAIC to better meet emerg...