Search results
Results from the WOW.Com Content Network
CityTime was a New York City contract to build a timekeeping and payroll system for city employees, awarded to SAIC as a no-bid, $63 million contract in 2003. [1] In the following years, the contract ballooned to $700 million, as consultant rates were artificially inflated, and contract terms were adjusted to make the city responsible for "cost overruns".
In 2012 SAIC was ordered to pay $500 million to the City of New York for overbilling the city over a period of seven years on the CityTime contract. [15] [16] In 2014 Gerard Denault, SAIC's CityTime program manager, and his government contact were sentenced to 20 years in prison for fraud and bribery related to that contract. [17]
The analyst says that SAIC must secure new contracts and effectively execute them, as some projects may carry higher risks and technical demands, though they offer the potential for improved margins.
There just might be — many streaming services allow you to watch movies and TV shows for free. Here are 10 of the best. Here are 10 of the best. Websites To Watch Full Movies for Free: 9 Safe ...
However, Leidos is the legal successor of the original SAIC and retains SAIC's pre-2013 stock price and corporate filing history. [ 24 ] Before the split, Leidos employed 39,600 employees and reported $11.17 billion in revenue and $525 million net income for its fiscal year ended January 31, 2013, [ 25 ] making it number 240 [ 26 ] on the ...
Margins matter. The more SAIC (NYS: SAI) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy ...
SAIC (NYS: SAI) reported earnings on Aug. 30. Here are the numbers you need to know. The 10-second takeaway For the quarter ended July 31 (Q2), SAIC beat expectations on revenues and missed ...
Beyster wrote or co-authored approximately 60 publications and reports, as well as the books The SAIC Solution: How We Built an $8 Billion Employee-Owned Technology Company, published by John Wiley & Sons in 2007, [9] and Names, Numbers, and Network Solutions: The Monetization of the Internet, cowritten with Michael A. Daniels and published in ...