Science Applications International Corporation
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Science Applications International Corporation (usually known as SAIC) is the largest employee-owned research and engineering firm in the United States. It was founded by Dr. J. Robert "Bob" Beyster in 1969 in La Jolla, California, as Science Applications Incorporated. As of 2005, SAIC employed over 42,000 employees and reported $7.2 billion in revenues, making it a Fortune 500 company.
Although SAIC is a large technology firm with numerous federal, state, and private sector clients, its traditonal expertise has been supporting the United States Department of Defense and the Intelligence Community, including the National Security Agency. In fiscal year 2003, SAIC did over $2.6 billion in business with the DoD, making it the ninth largest defense contractor in the United States.
Bob Beyster founded SAIC on the principles of employee-ownership - those who grow the company should share in its profits. On November 3, 2003 Kenneth C. Dahlberg was named the CEO of SAIC. In May 2005, under the new CEO, the company replaced its "An Employee-Owned Company" tagline with "From Science to Solutions". Whether this represents a change in focus remains to be seen; however, on June 6, 2005, Ken Dahlberg released an announcement preparing the employees for a potential IPO.
External link
- Official website (http://www.saic.com)Template:Corp-stub