Growth of the Company: FY 2005
Revenues for the fiscal year ended January 31, 2005 (fiscal 2005), were $7.2 billion, reflecting growth over the prior year's revenue of 23 percent. Strong growth raised SAIC to No. 276 on the FORTUNE® 500 rankings of the largest U.S. companies.
Fiscal Year 2005
SAIC was ranked the No. 1 Top Physics Company by Physics Today, was ranked as No. 3 Systems Integrator, No. 3 Top GSA Schedule 70 Holders by Federal Computer Week, and No. 3 among the Top 50 Technology Contractors by Government Executive magazine.
Ken Dahlberg succeeded J. Robert Beyster, Ph.D., SAIC's founder, as SAIC's chairman of the board of directors on July 16, 2004.
A definitive stock purchase agreement entered into on November 17, 2004, resulted in SAIC's sale of the stock of its subsidiary Telcordia Technologies, Inc. (Telcordia) during the next fiscal year.
SAIC was awarded the U.S. Small Business Administration 2004 Frances Perkins Vanguard Award in recognition of its utilization of women-owned small businesses. It also received two Department of Defense (DoD) Nunn-Perry Mentor-Protégé Awards.
SAIC's integration services were used by the biopharmaceutical industry, and its outsourcing services, advanced technology development and environmental support continued to serve the oil and gas industry as well as other commercial enterprises. The SAIC-developed U.K. government online service won the IVCA Business Communication 2004 Gold Award for best business use of the Internet.
SAIC received the Frost & Sullivan Defense and Aerospace Division 2003 Market Leadership award in Homeland Security and Homeland Defense, and the SAIC "Terrorism Protection Manual" was awarded a Government Security Expo & Conference 2004 Profiles in Innovation Award. SAIC's OneSAF Objective System was selected as one of the DoD's Top 5 Software Projects and also won a National Training Systems Association 2004 Modeling & Simulation Award.
SAIC was awarded numerous large federal government contracts during fiscal year 2005.
A contract from the U.S. Army to serve as the Guardian Installation Protection Program lead systems integrator.
A contract to provide distance learning support for the Joint Knowledge Development and Delivery Capability.
A contract from the Defense Contracting Command-Washington for continued support of the Military Health System.
Several large business contract awards from the Department of Veterans Affairs' newly created Federal Acquisition Center for technology support services.
- A contract was awarded to a team led by SAIC for enterprise information technology acquisition from the U.S. Air Force Materiel Command, Electronic Systems Center, Materiel Systems Group.
During the year, SAIC made several significant strategic acquisitions, including those to enhance supply chain management capabilities.
Related Information: SAIC Announces Financial Results for Fiscal Year 2005.
By The Numbers
Revenue: $7.2 billion
Employees: 42,000
Net Income: $488 million
Earnings per Share: $2.18