SAIC Gets $300M Software Development Contract

San Diego-based Science Applications International Corporation (SAIC), a provider of engineering and other services, announced today that it has signed a $300M, five year contract with the U.S. Department of Education. According to the firm, it will provide software development services for developing applications for the Office of Federal Student Aid (FSA), a provider of federal and government-guaranteed funding for students. SAIC has approximately 44,000 employees serving both the Federal Government and some commercial customers.