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home / news releases / SAIC - SAIC considering sale of logistics business - report


SAIC - SAIC considering sale of logistics business - report

  • SAIC ( NYSE: SAIC ) has hired a financial advisor to evaluate the sale of its logistics and supply chain business.
  • Initial offers for the business, which generates $50 million to $60 million in annual EBITDA, are due next month, according to a Dealreporter item, which cited sources familiar. Private equity firms are likely to be interested in the unit. SAIC has a market cap of about $6 billion.
  • Last Thursday SAIC announced it won a blanket purchase order for e valuation systems for TSA Screening Equipment.

For further details see:

SAIC considering sale of logistics business - report
Stock Information

Company Name: SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
Stock Symbol: SAIC
Market: NASDAQ
Website: saic.com

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