GekeVenn: SAIC
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SAIC (Science Applications International Corporation) is an intelligence technology defense contractor based in Reston, Virginia. Part of the company was spun off in 2013 and is now known as Leidos.
SAIC is probably best known for defrauding New York City out of $600 million. SAIC was originally awarded a $63 million contract for its CityTime payroll systems. But as has been pointed out many times in the “How Much Did the Military Spend Yesterday?” series, these contracts are often subject to “modifications” that increase the low bid that originally won the contract. So what was originally a $63 million contract grew into a $700 million fraudulent cost overrun.
SAIC's most recent contract was awarded by the Navy just two days ago, on August 9, for “production and delivery of integrated command, control, communications, computers, intelligence, surveillance, and reconnaissance systems, networks and support equipment.”
Note that in-house lobbyist Andy Jazwick served as a senior military legislative assistant for three US senators on the Armed Services Committee and its subcommittees for defense, energy and foreign operations appropriations.
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Posted from my blog with SteemPress : http://geke.us/2018/08/gekevenn-saic/
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Really!!!!! How do they get away with such things. $63 m contract ballooning to to $700 m and they are still getting more contracts.
By the way Geke, never forget to celebrate the little successes, I see you have moved from rep score of 66 to 67, congrats to you.
You got a 41.11% upvote from @ocdb courtesy of @geke!
SAIC is the CIA's... spelled backwards...