Top 5 Income Companies To Invest In Right Now: SAIC Inc(SAI)
SAIC, Inc. scientific, engineering, systems integration, and technical services and solutions to various branches of the U.S. military, agencies of the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security and the other U.S. government civil agencies, state and local government agencies, foreign governments, and customers in select commercial markets. Its Government segment provides a range of technical services and solutions in the areas of systems engineering and integration, software development, cyber security, data processing and analysis, secure information sharing and collaboration, IT outsourcing, communication systems and infrastructure, command and control, logistics, research and development, environmental consulting, energy and utilities, design and construction, securing critical infrastructure, disaster preparedness and recovery, homeland security product, geospatial solutions, and modeling and simulation. The compan y?s Commercial segment provides consulting, systems integration, and managed IT services, as well as customizable IT software solutions to oil and gas customers; and enterprise information technology optimization, business intelligence, enterprise resource planning maintenance, and staff augmentation services to select commercial customers, and state and local government customers. In addition, it offers business, engineering, energy, and infrastructure consulting services; language translation, interpretation, and training services; architectural design services; and information systems and communications, and rapid prototyping of technical solutions and products focused on support to intelligence and special warfare operations. SAIC, Inc. was formerly known as Science Applications, Inc. The company was founded in 1969 and is headquartered in McLean, Virginia.
! Advisors' Opinion:- [By Rich Smith]
By far the largest contract of the day was a massive $5.3 billion indefinite-delivery/indefinite-quantity, multiple-award contract issued to a mind-boggling 914 separate recipients simultaneously. Winners included everyone from subsidiaries of brand-name defense contractors such as AAR Corp (NYSE: AIR ) and SAIC (NYSE: SAI ) to lesser-known, federally defined small businesses such as "Wakelight Technologies" of Honolulu and "Electromagnetic Compatibility Management Concepts" of Sterling, Va.
- [By Rex Moore]
The Navy League's Sea-Air-Space Exposition is the largest maritime expo in the U.S., and brings together dozens of defense contractors and military decision-makers. The Motley Fool's Rex Moore was at the event in National Harbor, Maryland, and saw demonstrations of several technologies. In the video below he chats with Dr. Timothy Barton of SAIC (NYSE: SAI ) about how the company's AD16 establishes a high-bandwidth, long-range data link between command posts and mobile sensor platforms.
- [By Rich Smith]
The Department of Defense awarded three of its favorite defense contractors a combined $220 million on Monday, hiring each of Booz Allen Hamilton (NYSE: BAH ) , SAIC (NYSE: SAI ) , and Engility Holdings (NYSE: EGL ) to "support shore networks with sustainment services for the Base Level Information Infrastructure."
- [By Dan Caplinger]
Next Monday, SAIC (NYSE: SAI ) will release its latest quarterly results. Even though the stock has soared to two-year highs recently, investors appear nervous about the company's earnings prospects going forward.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-income-companies-to-invest-in-right-now.html
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