SAIC to provide laboratory operations and support for US DIA 12 May 2021 (Last Updated May 12th, 2021 10:14)
SAIC secures a $200m contract to help the US Defense Intelligence Agency manage laboratory operations.
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The US Defense Intelligence Agency (DIA) has awarded a contract to Science Applications International (SAIC) to provide laboratory operations and support.
The single-award indefinite-delivery, indefinite-quantity (IDIQ) contract has a potential ceiling value of around $200m.
SAIC noted that the contract work will be executed at its Huntsville facility in Alabama, US.
It is expected to be completed by 29 March 2031.
SAIC National Security and Space sector president Michael LaRouche said: “Our legacy of support to DIA for this important work dates back more than 30 years.
By Ross Wilkers
May 10, 2021
Four months on from the initial announcement, private equity firm Veritas Capital has completed its acquisition of Perspecta and merged that company into portfolio government technology firm Peraton.
Peraton now doubles in size to approximately $7 billion in annual revenue nearly three months after the company absorbed the former Northrop Grumman IT services business. That deal alone tripled Peraton’s scale to $3 billion-plus in pro forma annual sales at the time excluding Perspecta.
Nearly three-fourths of Perspecta s stockholders approved the sale of the company on Wednesday, which was the final hurdle to clear in closing the deal. Veritas held 11.7 percent of the stock before moving to acquire the whole and combine it with Peraton.
27 Apr 2021 (Last Updated April 27th, 2021 15:20)
Science Applications International (SAIC) has signed a definitive agreement to acquire US-based software company Koverse.
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Science Applications International (SAIC) has signed a definitive agreement to acquire US-based software company Koverse.
Founded in 2012, Koverse provides a data management platform powered by multi-level security capabilities for sensitive data.
The platform is built around the Apache Accumulo data system, which was created in 2008 by the US National Security Agency.
Koverse helps overcome challenges in developing AI tools by arranging structured and unstructured data from several sources depending on users’ individual attributes and permissions.
Based in Seattle, the company currently employs 16 people.
Science Applications International Corp. (NYSE: SAIC) announced today that it has entered into a definitive agreement to
acquire
, a software company that provides a data management platform enabling artificial intelligence (AI) and machine learning on complex, sensitive data.
Founded in 2012 by former U.S. intelligence community AI and high-volume data processing experts, Koverse is a 16-person, Seattle-based company that delivers scalable, secure, and high-performing solutions to federal and commercial customers. Koverse solves one of the most difficult and time-consuming challenges in developing AI tools: organizing structured and unstructured data from multiple sources based on a user’s individual attributes and permissions. This capability is essential for government and military organizations where data access requires various clearance levels, as well as regulated commercial industries such as healthcare, financial services, and pharmaceuticals.
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Science Applications International Corp. (NYSE: SAIC) announced today that it has entered into a definitive agreement to acquire Koverse, a software company that provides a data management platform enabling artificial intelligence (AI) and machine learning on complex, sensitive data.
Founded in 2012 by former U.S. intelligence community AI and high-volume data processing experts, Koverse is a 16-person, Seattle-based company that delivers scalable, secure, and high-performing solutions to federal and commercial customers. Koverse solves one of the most difficult and time-consuming challenges in developing AI tools: organizing structured and unstructured data from multiple sources based on a user’s individual attributes and permissions. This capability is essential for government and military organizations where data access requires various clearance levels, as well as regulated commercial industries such