SAIC to acquire Boeing IT services group

Science Applications International Corp. ended months of speculation today when it announced plans to buy Boeing Information Services, the Boeing Co., subsidiary which provides the federal government with information technology and integration services.

Boeing IS has 1,200 employees, and it projected revenues of over $300 million in 1999. Its key contracts include the Army Reserve Component Automation System and the Defense Information Systems Agency's major integration services contract. It also holds integration and service contracts at the Navy's vast China Lake, Calif., range and test facility as well as contracts with NASA and the Marine Corps.

Robert Beyster, SAIC's chairman and chief executive officer, said Boeing IS customers and employees will make "an excellent fit" with SAIC and will expand his company's opportunities in the government business area. SAIC expects to complete the transaction in one month, and Boeing IS president William Delany is expected to continue to manage the unit under its new ownership.

Featured

  • Cybersecurity
    Deputy Secretary of Homeland Security Alejandro Mayorkas  (U.S. Coast Guard photo by Petty Officer 3rd Class Lora Ratliff)

    Mayorkas announces cyber 'sprints' on ransomware, ICS, workforce

    The Homeland Security secretary announced a series of focused efforts to address issues around ransomware, critical infrastructure and the agency's workforce that will all be launched in the coming weeks.

  • IT Modernization
    Blue Signage and logo of the U.S. Department of Veterans Affairs

    VA plans 'strategic review' of $16B software program

    New Veterans Affairs chief Denis McDonough announced a "strategic review" of the agency's Electronic Health Record Modernization program of up to 12 weeks.

Stay Connected