SAIC, Inc. and Leidos Holdings, Inc. Split Official by Sept. 27, 2013
SAIC, Inc. (NYSE: SAI) will officially change its technical, engineering and enterprise information technology services business to Leidos Holdings, Inc., as approved yesterday by the Board of Directors. The separation will be completed on September 27 2013, at which point Leidos will effectuate a 1:4 reverse stock split. The company declared a pro rata dividend
Leidos to be Headquartered in Reston, VA
SAIC announced today that Leidos, its national security, health and engineering solutions business, will be headquartered in Reston, Va. The company signed a lease with Boston Properties for office space located at 11951 and 11955 Freedom Dr., named One and Two Freedom Square, within the Reston Town Center complex. “The selection of the headquarters location for Leidos was made after
Science Lights the Way for JMU’s Graduating Class of 2013
Science Applications International Corporation (SAIC)’s Chief Operating Officer K. Stuart Shea delivers historic first commencement to the graduating class of 2013 for JMU’s College of Integrated Science and Engineering. “So let’s talk about change.” On the morning of May 4, 2013 Shea spoke to the nearly-graduated and the parents on the importance and inevitability of
SAIC Appoints John Thomas Executive Vice President of Leidos
SAIC announced today that John Thomas has been appointed Executive Vice President for strategic development at Leidos; the planned National Security, Health and Engineering Solutions company. The company is part of SAIC’s planned separation into two independent, publicly traded companies, as announced August 30, 2012. In this role, Thomas will be responsible for strategy, mergers and acquisitions, communications, and government
SAIC Reveals New Name as Company Splits Into Two Businesses: Leidos
To solidify the Aug. 30 notice of separation of SAIC into two independent, publicly traded companies, the company this week announced the names for the new businesses expected to be created in the latter half of this fiscal year. The technical services and enterprise Information Technology (IT) business will retain the SAIC name, and the
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