SAIC acquires small business

Science Applications International Corp. a major technology provider to the federal government, has acquired VGS Inc., a systems integrator based in Fairfax, Va.

SAIC announced the acquisition Jan. 28 without disclosing financial terms.

VGS, with annual revenues of about $17 million, is exclusively a government contractor, with 55 percent of its business coming from civilian agencies and the rest from the Defense Department. It has been an employee-owned company with U.S. government small-business status.

SAIC, based in San Diego, reports revenues of about $6.1 billion annually with customers in both the government and commercial sectors.

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