Home / Tag Archives: sai (page 2)

Tag Archives: sai

SAIC Sells Oil & Gas IT Services; CEO Havenstein, Group Pres. Craver Comment

SAIC (NYSE: SAI) has a deal in place to sell Wipro (NYSE: WIT) operations focused on “specialized IT services to oil and gas companies.” CEO Walt Havenstein announced the firm’s intent to move the units during a financial call last week. The firm is selling its U.S. oil and gas …

Read More »

2 SAIC Units Pick Up CMMI-DEV Maturity Level 3 Ratings; Larry Cox Comments

A pair of SAIC (NYSE: SAI) business units earned Capability Maturity Model Integration (CMMI-DEV) Maturity Level 3 rating from the Carnegie Mellon University Software Engineering Institute. According to the firm, “the Intelligence Systems Business Unit achieved the Maturity Level 3 rating using the Standard CMMI Appraisal Method for Process Improvement. …

Read More »

SAIC to Sell Portion of Business; CEO Havenstein Promises Aggressive Acquisition Strategy in Future

According to a report in The Washington Post, SAIC (NYSE: SAI) is looking to sell its business focused on IT solutions for oil and gas companies while seeking expansion in growth markets via acquisition. CEO Walt Havenstein noted the strategy in an investor call last week. “To grow our oil …

Read More »

Apptis, SAIC Ink Major DISA Deal Modifications

According to the Department of Defense, Apptis and SAIC (NYSE: SAI) were awarded two contract modifications to add two, six-month option periods and increase the ceiling amount under indefinite-delivery/indefinite-quantity contracts DCA200-02-D-5000 and DCA200-02-D-5001, the Defense Information Systems Network (DISN) Global Solutions (DGS) contracts.  The purpose of the optional extension periods …

Read More »

SAIC Charts Fiscal Growth; CEO Walt Havenstein Comments

SAIC (NYSE: SAI) released financial figures for the fourth quarter and fiscal year 2011, ending Jan. 31. The firm’s revenue for the year was listed at $11.1 billion, a 2 percent raise from the previous year, and at $2.77 billion for the quarter, a 2 percent uptick. “While market conditions …

Read More »

Veracode Assembles Fed. Advisory Board; Includes GD’s Woody Hall, SAIC’s Kevin Jackson

Veracode has established a federal advisory board to boost its market presence and create dialogue about developing cybersecurity issues, including insecure software. General Dynamics’ (NYSE: GD) Woody Hall was named to the board, along with SAIC’s (NYSE: SAI) Kevin Jackson and former Lockheed Martin officer and IC veteran Deboarah Loudon. …

Read More »

SAIC Sets Sail for Navy Work

According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a $13, 312, 717 cost-plus-fixed-fee contract to provide innovative research in the area of web-based approaches for medical and psychological health social networking, care delivery/tele-health, and capabilities that enable revolutionary advances in science, technology or systems.  This 26-month …

Read More »

SAIC Books Spot on $500 Million Navy Project

SAIC (NYSE: SAI) secured a contract from Navy, Space and Naval Warfare Systems Center Atlantic to provide audiovisual equipment. The ID/IQ contract carries a one-year base term, four one-year options for a total ceiling value of $500 million for all awardees. According to the firm, “SAIC will procure and deliver …

Read More »

DynCorp Wins Subcontract from SAIC

DynCorp International secured a suncontract from SAIC (NYSE: SAI) to support 1st Theater Sustainment Command munitions logistics services support. The agreement carries a total potential value of $33 million over a one-year base term and four one-year options. “DynCorp International is proud to continue serving our country as part of …

Read More »

SAIC Subsidiary Teams with Gradient on Energy Project

SAIC (NYSE:SAI) subsidiary Benham Constructors and Gradient, a developer of geothermal energy projects, announced today have executed an engineering, procurement and construction contract for the delivery of a new 60 megawatt modular binary cycle power plant at its Patua project in northern Nevada. According to SAIC, “Gradient’s Patua site, near …

Read More »