Growth of the Company: FY 1996
Over its first 27 years, SAIC demonstrated a remarkable ability to make the most of changing technologies and creatively respond to changing customer needs.
Fiscal Year 1996
The company’s entrepreneurial spirit and small-company flexibility kept SAIC at the forefront of new technology trends such as the Internet, which may produce a greater paradigm shift than the personal computer revolution.
The company achieved its 27th consecutive year of improved financial performance and steady growth
An active corporate acquisition program continued to add to SAIC’s revenue base and technical strength
SAIC acquired Network Solutions, Inc. (NSI), the company that registers domain names for the Internet
SAIC added 5,000 employees during 1996 (1,600 through acquisitions)
- During the year, the company updated its mission and value system, which continued to stress quality, responsiveness, professional excellence, the highest standards of ethical behavior, and professional integrity
By The Numbers
Revenue: $2,155,657,000
Employees: 20,931
Net Income: $57,296,000
Earnings per Share: $1.13