Science Applications To Buy R.W. Beck
July 6, 2009 (FinancialWire) — Science Applications International Corp. (NYSE: SAI) said it has signed a definitive agreement to acquire R.W. Beck Group, Inc., a Seattle-based provider of business and technical consulting services in engineering, energy and infrastructure.
R. W. Beck serves public and private infrastructure organizations and financiers in the energy, water, wastewater and solid waste industries. The company employs 550 consultants, including engineers, economists, analysts and other professionals. The firm’s customers include utility organizations, government entities, financial institutions and other commercial customers.
The definitive agreement includes SAIC’s acquisition of Beck Disaster Recovery, Inc., an emergency management consultancy. R. W. Beck is the majority owner of BDR.
R.W. Beck will join SAIC’s infrastructure, logistics and product solutions group, one of four groups at SAIC.
San Diego-based Science Applications International is a scientific, engineering, and technology applications company whose roughly 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. government civil agencies and various commercial markets.
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.