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‘New’ SAIC Sees More Headroom To Expand Business Post Spinoff

Defense Daily Staff Defense Daily Staff
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The size of the addressable business market for the new Science Applications International Corp. [SAIC] will expand by about $25 billion once the company completes its spinoff from the current SAIC later this month, the chief of the new SAIC told investors last week. The split of SAIC [SAI] into two separately traded public companies, Leidos [LDOS] and SAIC on Sept. 30 will allow both new companies to compete for work that they currently are barred from or reluctant to…

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