Science Applications International

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Headquarters: 10260 Campus Point Drive San Diego, CA 92121 Employees: 43,000 CEO: Ken Dahlberg Employee owned Website: http://www.saic.com Career Site SAIC is the fourth largest majority employee-owned company and the largest employee-owned research and engineering firm in the U.S. The engineers and scientists of SAIC solve complex technical problems in national security, homeland security, energy, the environment, space, telecommunications, health care, and logistics. The company's products cover a broad spectrum, from aviation and unmanned vehicles to systems to support contraband detection and radiation measurement. SAIC also develops customer relationship management software to financial institutions. SAIC and its subsidiaries have more than 43,000 employees with offices in over 150 cities worldwide. SAIC ranks among the top 10 defense contractors for the U.S. military. In fiscal 2005, SAIC reported record revenues of $7.2 billion. Net income was $409 million. History Science Applications International was founded by Dr. J. Robert Beyster and a small group of scientists in La Jolla, CA in 1969. The company's first solid business base was established with the Defense Nuclear Agency (DNA) in 1970, performing sophisticated nuclear weapons effects calculations. This initial work grew to include other areas of weapons effects such as nuclear blast, simulation, and underground test instrumentation and measurements. Benefits Insurance Plans - SAIC offers a variety of programs for employees to choose from, including medical, dental, vision, group term and supplemental life and accident insurance, short- and long-term disability programs. Some benefits, including the Employee Assistance Program, group term life insurance and long-term disability insurance are paid for by SAIC. The cost of other programs may be covered by a combination of Company and employee pre-tax contributions. Comprehensive Leave - Eligible employees accrue comprehensive leave each pay period. Comprehensive leave provides paid time off for vacation, personal business and short-term illness. Accrual rates vary, based upon years of service with the Company and fringe package offered by the sponsoring Business Unit. Holidays - Nine holidays per year Education Assistance - Tuition assistance plan SAIC Stock - 15% discount for employee purchase Retirement Plans - Company-funded retirement benefits are offered to employees, depending on SAIC organization and business area. Employees need to satisfy certain service requirements to become participants and receive credit for vesting in these plans. Plan investments include SAIC stock funds and a variety of mutual funds. Employees may also be eligible to defer a certain percentage of salary (subject to IRS limits) to SAIC's 401(k) plan. A company matching contribution which vests based on service may be made. Salary deferrals are self-directed by participants into mutual funds as well as SAIC stock funds. The 401(k) plan permits rollovers from prior employer-sponsored qualified plans. Loans and hardship withdrawals may be available under plan rules. Updated March 12, 2006

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