Federal Contracting Activities and Contract Types

Federal Contracting Activities and Contract Types

Science Applications International Corporation

Science Applications International Corporation is an engineering solutions provider company. This is a Fortune 500 scientific company and is famous for its dynamic and robust solutions in engineering and technology domains. It is highly profitable company with around 45,000 employees. It provides intelligent network and defense solutions to NASA, armed forces of United States and many other important departments of the state.

History and Background of the Company

This company started off its journey on February 3, 1969 on a very small scale under the founding ship of J. Robert Beyster. Its first office was situated in La Jolla, California. During the initial days this company faced some cash flow and other financial problems and the investment requirements of this company were unlimited. After a great hard work of the Beyster, Dr. Larry Kull and other few employees the company reported a profit of $243,000.this was regarded as aggregate achievement since Beyster was criticized earlier as a founder.

The company then expanded its wings and opened a new office in Washington D.C in 1970, under the leadership of Bill Layson. Bill Layson was given a target for 18 months to make a profit of $1 million. This target was well met cue to the hardship of all the people working in SAIC. Then the morale of the people working for SAIC boost up and they started working really hard for acquiring important consulting contracts for the company. It was challenging because of many other renowned consulting companies, but the scientists at SAIC succeeded in proving their credibility to its customers.

In its 10th year, the company achieved $100 million goal. According to 2010 statistics, the company is now operating with $11.1 billion annual revenues and doing a massive business in its sector (Science Applications International Corporation, 2013).

Recent Major Contracts Awarded to SAIC

The fiscal year 2012, proved out to be winning year for the SAIC. The company was awarded almost 40 contracts giving a business of 100 million dollars to the company. SAIC has recorded great business in its domain. SAIC provided supply chain management and inventory management services to Defense Logistics agency. NASA integrated and communication services signed a three year base period contract to provide support to the communication management system of NASA. SAIC also provides its services in the health sector by facilitating the health care centers by ...