SAIC closes bd Systems deal

Science Applications International Corp. has completed its acquisition of bd Systems Inc., a provider of aerospace engineering and IT services. Terms of the deal announced last month were not disclosed.

The acquisition boosts SAIC's capabilities by marrying bd System's engineering and IT expertise with SAIC's technical and operational presence within the aerospace marketplace.

SAIC will maintain bd Systems of Torrance, Calif., as a subsidiary within its Chantilly, Va.-based Space and Geospatial Intelligence Business, led by Senior Vice President and General Manager K. Stuart Shea.

The newly acquired company has more than 330 employees and government and commercial clients in more than 20 locations throughout the United States.

Its core capabilities include systems engineering, enterprise network management, and aerospace engineering logistics and sustainment support. The unit also offers geographical information system and acquisition support.

SAIC has 43,000 employees and had annual revenue of $7.8 billion in fiscal 2006. The company ranks No. 3 on Washington Technology's 2006 Top 100 list of the largest federal IT contractors.