Monday, August 7, 2006

SAIC Buys Cornerstone Industry

San Diego-based Science Applications International Corporation (SAIC) has purchased a Alexandria, Virginia-based defense contractor. SAIC said that it acquired Cornerstone Industry, a provider of joint doctrine development for the US military forces, e-learning, web services, and computer gaming. Financial terms were not disclosed. Cornerstone employs 59 in Washington DC and elsewhere.