Sunday, March 27, 2011

SAIC has about $4 billion in annual revenues

“SAIC has about $4 billion in annual revenues, roughly 80 percent of which are derived from federal contracts.

SAIC board members include Retired Admiral Bobby Ray Inman, who was offered the job of defense secretary by

Bill Clinton, and two retired generals, from the army and the air force. Past board members have included

former Defense Secretary William Perry; Melvin Laird, Nixon’s defense secretary; Donald Hicks, former head of

research and development for the Pentagon; and former NIKE SHOX directors Robert Gates and John Deutsch. The

firm and its executives contribute over $100,000 to political campaigns in each election cycle. …

“All of the facts indicated to us that NSOL should not have been successful in retaining the interests that if

did in the domain-name registry. The amount of money it was allowed to change for its registry service is

offensive. The terms were imposed on the market through the influence that Network Solutions has with the

federal government. That’s what makes this case completely different from any other company we’ve publicly

shorted.

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