M&A Deal Summary

Science Applications International Acquires Icon Systems

On April 21, 2008, Science Applications International acquired defense company Icon Systems

Acquisition Highlights
  • This is Science Applications International’s 2nd transaction in the Defense sector.
  • This is Science Applications International’s 15th transaction in the United States.
  • This is Science Applications International’s 4th transaction in California.

M&A Deal Summary
Date 2008-04-21
Target Icon Systems
Sector Defense
Buyer(s) Science Applications International
Deal Type Add-on Acquisition

Target

Icon Systems

San Diego, California, United States
Icon Systems, Inc. is a provider in the design, development and production of state-of-the-art laser-based systems and products for military training and testing.

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Buyer(S) 1

Buyer

Science Applications International

Reston, Virginia, United States
Category Company
Founded 1969
Sector Information Technology
Employees26,000
Revenue 7.4B USD (2024)
DESCRIPTION
SAIC office in Tysons Corner, Virginia.
SAIC office in Tysons Corner, Virginia.

Science Applications International (SSAIC) is a scientific, engineering, and technology applications company that uses its domain knowledge to solve problems in national security, energy and the environment, critical infrastructure, and health. Science Applications International was founded in 1969 and is based in Reston, Virginia.

DEAL STATS #
Overall 16 of 24
Sector (Defense) 2 of 2
Type (Add-on Acquisition) 16 of 22
State (California) 4 of 4
Country (United States) 15 of 23
Year (2008) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-12 Scicom Technologies Pvt.

Noida, India

Scicom Technologies Pvt. Ltd. is a provider for onsite and offshore hydrocarbon exploration product development services and technology consulting in the science and engineering sector. Scicom delivers large-scale data modeling and simulation management solutions, spatial data management for the energy industry and diagnostic imaging for healthcare.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-21 SM Consulting

Linthicum Heights, Maryland, United States

SM Consulting, Inc. is a provides services in language, intelligence, information technology, management consulting, business process outsourcing, training, and logistics to federal, state and local governments and private industry.

Buy -
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