Tony Moraco: Market Conditions Ripe for SAIC Spinoff

Tony Moraco, chief executive of the future Science Applications International Corp., believes the timing is right for the company to spin off from the current SAIC, he told the Washington Post in an interview published Monday.

Marjorie Censer writes the Post interviewed Moraco ahead of this week’s formal split into Leidos Holdings and SAIC.

“People have asked, ‘Is this a good time to spin?’” said Moraco, who previously served as president of SAIC’s intelligence, surveillance and reconnaissance group.

“My answer is yes, because of that uncertainty,” he said, noting that repositioning is the key, as is winning work held by competitors.

He also told the Post the current market landscape could lead to agencies acquiring products and services separately, rather in a total package.

Moraco joined SAIC seven years ago to manage the McLean, Va.-based company’s space and geospatial intelligence business, as well as corporate operations and performance excellence.