SAIC Completes Acquisition of SM Consulting
SAN DIEGO and MCLEAN, Va., 21 May 2008 - Science Applications International Corporation (SAIC) has completed the acquisition of Maryland-based SM Consulting, Inc. (SMC).
SMC employs more than 460 people and provides services in management consulting, intelligence, logistics, information technology, language, business process outsourcing, and training to federal, state and local governments, and commercial companies. SMC will join SAIC's Mission Integration Business Unit, headquartered in Reston, Va.
"SMC's employees and management team share SAIC's steadfast customer commitment and mission focus," said Stu Shea, president of SAIC's Intelligence, Security and Technology Group. "While both organizations offer outstanding support for programs that are vital to our nation, together we will be positioned to apply greater capabilities, deeper expertise and broader experience in this important domain. That creates exciting opportunities for our employees, our company and our customers. We are very pleased to welcome SMC to the SAIC team."
SAIC employs approximately 44,000 employees serving clients in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies, and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended 31 January 2008.