Growth of the Company: FY 1991
Since the company began in 1969, SAIC’s accomplishments echoed its credo: to deliver “Quality scientific and technical products and services contributing to the security and well-being of our communities throughout the world.”
Fiscal Year 1991
SAIC’s many technical accomplishments translated into an impressive rate of growth. In Fiscal Year 1991, SAIC’s annual revenues exceeded $1.1 billion, equating to a compound growth rate of almost 24% per year for more than 20 years.
In Fiscal Year 1991, the environment and energy business grew by 24%; the health system business expanded by 45%
SAIC had 25 reservists called for service in Desert Storm; SAIC also had another 25 employees working in Saudi Arabia who chose to stay within the theater during the hostilities
SAIC’s work for the Army’s National Training Center (NTC) at Fort Irwin, California, proved critical to the success of Operation Desert Storm
SAIC’s largest ongoing program, the Composite Health Care System (CHCS), was expanded to provide a patient care medical information system for all U.S. military service hospitals and clinics worldwide
- Fiscal Year 1991 was a landmark year for the company’s environmental business — SAIC won more than $300 million of new work for EPA, DoE and DoD