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Archives by date > 2014 > April > 9th

SAIC’s 2013 Sales Testament to Services Doldrums

Apr 09, 2014 16:05 UTC

  • Post-spinoff SAIC announced FY2013 revenue down 14% to $4B, confirming the generally depressed state of defense services.

  • Pursuing a more thorough overturn of sequestration beyond FY15 is again on the Senate Armed Services Committee’s agenda.

  • The Government Accountability Office disagrees with the US Navy’s decision to decommission the USS Port Royal (CG-73) missile cruiser. In 2013 the Navy postoned their initial decommissioning timeframe, but USS Royal is set for retirement next year.

  • The US Navy cancelled its RFP issued in March 2013 for a Joint Terminal Control Training and Rehearsal System (JTC TRS) “due to a change in requirements.”

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