Science Applications International Corporation
) recently procured a $102 million-worth contract from County of
Orange, Calif. to provide information technology (IT) services to
various departments within the county. As per the contract,
SAIC,Inc will provide IT service management including desktop
services; data center management and also help in upgrading
applications, thereby making IT services more cost
effective for Orange County.
Orange County consists of 25 departments with businesses
including public safety, public health, environmental, social
services, aviation, among others. Through its technological
expertise, SAIC, Inc aims to provide adequate support services to
County and centralize the IT services. With the services from
SAIC,Inc, Orange County will be able to respond effectively to
modernize its IT managed services.
Recently in May, SAIC,Inc procured a prime contract worth $495
million from the Joint Program Executive Office for Chemical and
Biological Defense (JPEO-CBD). SAIC,Inc will be providing
program, engineering, medical, and technical support services
under the multiple-award indefinite-delivery/indefinite-quantity
Back-to-back contract wins act as growth catalysts.
SAIC,Inc reported annual revenues of $11.2 billion for fiscal
year ended Jan 31, 2013 representing 5.7% year-over-year growth.
Since its inception in 1969, SAIC,Inc has utilized its vast
domain knowledge to solve critical problems of the country in
areas such as national security, energy and the environment,
critical infrastructure, and health.
SAIC,Inc currently has a Zacks Rank #3 (Hold). Other stocks that
look promising and are worth considering now include
Providence Service Corp
) with a Zacks Rank #1 (Strong Buy),
Huron Consulting Group Inc
); each carrying a Zacks Rank #2 (Buy).
HURON CONSLT GP (HURN): Free Stock Analysis
MAXIMUS INC (MMS): Free Stock Analysis Report
PROVIDENCE SVC (PRSC): Free Stock Analysis
SAIC INC (SAI): Free Stock Analysis Report
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