Top 500 Design Firms: SAIC Plans Split Into Two Firms
SAIC, ranked at No. 34 on ENR's list of the Top 500 Design Firms, is a $10.5-billion firm working in the national security and information-technology fields. It also does nearly $750 million in construction contracting and engineering.
This construction group may soon find itself with a new name—Leidos—as SAIC says it plans to split into two firms.
"We started out supporting both government and commercial customers, but the business models began to diverge," says Joe Craver, president of SAIC's health, energy and civil solutions group.
The plan is for the technical services and enterprise information-technology business to continue under the SAIC name, while the $7-billion national security, health and engineering business will be named Leidos.
The firm's board of directors is expected to make the company's new organization official at a meeting set for June. It may take until the end of the year to complete the separation, if approved.
Craver says the scope of the new Leidos will help the construction arm.
He cites the firm's work on the National Aeronautics and Space Administration's Vibro-Acoustic Research Facility near Cleveland.
"We used our work with the federal government, systems design experience, engineering and design-build capabilities to deliver a great project," he says.
