SAIC unveils new business unit structure
Science Applications International Corp. will take on a different alignment in this iteration of the strategy, which its new CEO told investors is mostly about the organic growth engine.
Science Applications International Corp. is showing more of what the company is describing as its "strategic pivots" with new chief executive Toni Townes-Whitley in that role for two months now.
After markets closed Monday, SAIC announced it will realign into a new structure of five smaller business units focused on specific customer categories from the current setup of two large divisions. The new structure will take effect on Feb. 3.
The five new business groups will be Army; Navy; Air Force and combatant commands; space and intelligence; and civilian. This is in contrast to the current alignment of two groups: defense and civilian, and national security and space.
SAIC is emphasizing organic growth and internal process improvements for the next two years, Townes-Whitley told investors during the company's Dec. 4 earnings call. Bolstering SAIC's business development and capture function will be a priority for this current iteration of its strategy.
Four of the five new business units will be led by current SAIC executives, all of which will move up to executive vice president titles and report directly to Townes-Whitley. SAIC is conducting an external search to hire the civilian unit president.
The four announced unit presidents are:
- Josh Jackson, Army
- Barbara Supplee, Navy
- Vinnie DeFronzo, Air Force and combatant commands
- David Ray, space and intelligence
Bob Genter, president of the defense and civilian segment, and Michael LaRouche, president of the national security and space sector, will leave SAIC on Feb. 2.