SAIC Completes Acquisition of Halfaker and Associates
Science Applications International Corp. (SAIC) announced the completion of its acquisition of Halfaker and Associates LLC on July 2, 2021, for $250 million in cash. This move strengthens SAIC's digital transformation portfolio and enhances its support capabilities for government healthcare missions. Halfaker, known for its service culture, provides critical digital services and solutions to various government departments, highlighting its position as a top IT provider for the Department of Veterans Affairs. This acquisition is part of SAIC's strategy to boost its leadership in key government sectors.
- Acquisition of Halfaker enhances SAIC's digital transformation capabilities.
- Provides access to new strategic customers and contracts, particularly in healthcare.
- Strengthens position as a top IT provider for government agencies.
- None.
Science Applications International Corp. (NYSE: SAIC) completed its acquisition of Halfaker and Associates LLC, on July 2, 2021 for
With this acquisition, Halfaker and Associates brings to SAIC a proven ability to create, modernize, integrate, and secure mission-critical systems for federal government customers. Halfaker has a strong culture of service, rooted in the desire to make a difference in the lives of its community, veterans, and wounded warriors.
“We are excited to welcome the employees of Halfaker and Associates to SAIC as we continue to establish our company as a leading provider of innovative technology solutions in support of government digital transformation,” said SAIC CEO Nazzic Keene. “Together, we will reinforce SAIC’s commitment to helping our customers achieve their healthcare objectives through a more diverse talent base and greater access to strategic customers and contracts for the Department of Defense and other federal government agencies.”
Halfaker has established a reputation as a provider of digital services, data analytics, cybersecurity, and cloud solutions to the Department of Veterans Affairs, Department of Defense, Department of Health and Human Services, and the Centers for Medicare and Medicaid services. Halfaker is also a top 5 IT provider by awarded task orders on the VA’s Transformation Twenty-One Total Technology Next Generation (T4NG) acquisition program.
“Halfaker brings new customers and solutions to SAIC as well as a proven track of record of delivering advanced end-to-end digital solutions that transform and empower customer decision-making through modernization and optimization,” said Bob Genter, president of SAIC Defense and Civilian Sector. “Following our acquisition of Unisys Federal last year and our acquisition of Koverse earlier this year, SAIC is continuing to increase its leadership position in fast-growing segments of government.”
About SAIC
SAIC® is a premier Fortune 500® technology integrator driving our nation’s technology transformation. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes secure high-end solutions in engineering, digital, artificial intelligence, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions that are critical to achieving our customers' missions.
We are more than 26,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately
Forward-Looking Statements
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