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July 5, 2021updated 24 Nov 2021 5:10am

SAIC acquires Halfaker and Associates in $250m cash deal

The acquisition is expected to increase SAIC’s digital transformation portfolio.

Science Applications International (SAIC) has completed the previously announced acquisition of Halfaker and Associates for $250m in cash.

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The acquisition, which was first announced last month, will allow the company to better support the government’s healthcare mission while enhancing SAIC’s digital transformation portfolio.

Halfaker and Associates’ acquisition will enable SAIC to create, modernise, integrate and secure mission-critical systems for customers of the federal government.

SAIC CEO Nazzic Keene said: “We are excited to welcome the employees of Halfaker and Associates to SAIC as we continue to establish our company as a leading provider of innovative technology solutions in support of government digital transformation.

“Together, we will reinforce SAIC’s commitment to helping our customers achieve their healthcare objectives through a more diverse talent base and greater access to strategic customers and contracts for the department of defence and other federal government agencies.”

Halfaker is a provider of digital services, data analytics, cybersecurity, and Cloud solutions. Its customer base includes the US Department of Veterans Affairs (DVA), Department of Defense (DoD), Department of Health and Human Services (HHS), and the Centers for Medicare and Medicaid Services (CMS).

It also serves as an IT provider on the Veterans Affairs’ Transformation Twenty-One Total Technology Next Generation (T4NG) acquisition programme.

SAIC Defense and Civilian Sector president Bob Genter said: “Halfaker brings new customers and solutions to SAIC, as well as a proven track record of delivering advanced end-to-end digital solutions that transform and empower customer decision-making through modernisation and optimisation.

The latest acquisition follows SAIC’s purchase of Unisys Federal in a cash deal valued at $1.2bn and acquisition of US-based software company Koverse in April this year.

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