- 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