I. Recommendations
II. Company Backgroundu
Science Applications International Corporation (SAIC), headquartered in McLean, Virginia is a publicly traded Fortune 500 company that provides information technology services to promote security and overall safety worldwide. SAIC delivers scientific and technological products and services in the computer integrated-systems design sector. Total SAIC personnel consists of 41,100 employees worldwide (Hoover’s, 2012).
SAIC secures over 90% of its revenues from the U.S. government, primarily serving the Department of Defense, the Department of Homeland Security, the U.S. Army, and the U.S. Navy. (Hoover’s 2012).
Exhibit 1: 2012 Sales Revenue Generated by SAIC 's Defense Business Sector: 40% of Total Sales
SAIC Operates in 5 Major Applications: * Cyber Security * Energy and Environment * Health * Intelligence, Surveillance, and Reconnaissance * Logistics, Readiness, and Sustainment
SAIC Operates in 5 Major Applications: * Cyber Security * Energy and Environment * Health * Intelligence, Surveillance, and Reconnaissance * Logistics, Readiness, and Sustainment
Sources: Mergent Online; SAIC’s 2012 Annual Report.
The SAIC Leadership Team Consists of Five Key Executives: * Chairman of the Board, A. Thomas Young (Chairman since 1995); * President & CEO, John Jumper (USAF-Ret); * Executive Vice President & CFO, Mark Sopp; * Executive Vice President and General Counsel, Douglas Scott; * Executive Vice President for Government Affairs, Communications, and Support Operations, Arnold Punaro
Industry Overview
The US Security and Exchange Commission classifies SAIC as a computer-integrated system design company (SIC 7373). Additional classifications include: * Engineering Services (SIC 8711) * Commercial Physical Research (SIC 8731) * Computer
References: Business Monitor International (2012, September 4). United States Defense and Security Report (Quarterly) Cella, J. (2012). SAIC, Inc. Retrieved on 4 September 2012 from Hoover 's Company Records database. Lockheed Martin. (2011). Market Overview – Unites States – Q4 2011. Retrieved from Business Monitor International United States Defense & Security SAIC. (2012). Annual Report. Retrieved from http://www.saic.com SAIC SAIC.(2012). Investing: Annual Financials for SAIC Inc. Retrieved from www.marketwatch.com. Accumulated other comprehensive loss | -7,834 | -3,115 | (9807) | Treasury stock, at cost (15,988 and 10,077 shares, respectively) | -465,303 | -136,631 | (86653) |