SAIC buys bd Systems
- By William Welsh
- Aug 02, 2006
Science Applications International Corp. has acquired bd Systems Inc., a provider of aerospace engineering and IT services. Terms were not disclosed.
The acquisition augments SAIC's technical and operational capabilities and will enable it to better meet customer needs.
Following the acquisition, the Torrance, Calif., company will become a unit of SAIC. Mike Smith, bd Systems' current executive vice president and chief operating officer, will lead the unit. The acquisition is expected to close in September.
The newly acquired company, which has more than 330 employees, offers systems engineering, enterprise network management and aerospace engineering services. It also provides logistics and sustainment support, geographical information systems and acquisition support.
SAIC of San Diego has 43,000 employees and had annual revenue of $7.8 billion for the fiscal year ending Jan. 31, 2006.
The company ranks No. 3
on Washington Technology's 2006 Top 100
list of the largest federal IT contractors.
William Welsh is a freelance writer covering IT and defense technology.