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SAIC Posts 29% Gain for Q4 2020; Nazzic Keene Quoted

saic-posts-29-gain-for-q4-2020-nazzic-keene-quoted
Nazzic Keene
Nazzic Keene

TYSONS CORNER, VA, April 17, 2020 “” Science Applications International Corp. (NYSE: SAIC) posted a $348M revenue increase, or 29 percent, for the fourth quarter of its 2020 fiscal year, ExecutiveGov reported March 27.

The company said March 26 its Q4 and annual revenues hit $1.5B and $6.4B, respectively, mainly driven by the Engility acquisition that concluded in January last year.

SAIC also closed its $1.2B cash purchase of Unisys' (NYSE: UIS) federal business last month.

Nazzic Keene, SAIC CEO and a 2020 Wash100 winner, said the company aims to solidify its position in the information technology services market with the addition of the Unisys Federal business.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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