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SAIC Completes Acquisition of Icon Systems, Inc.

SAIC (published 22/04/2008)
 

Science Applications International Corporation announced today that it has completed the acquisition of Icon Systems, Inc. (Icon), a recognized leader in the design, development and production of state-of-the-art laser-based systems and products for military training and testing. This acquisition strengthens SAIC's position in the live training environment and enables the company to provide a more comprehensive array of capabilities in this arena.


Headquartered in San Diego with more than 100 employees, Icon's capabilities include expertise in Multiple Integrated Laser Engagement System (MILES) and Tactical Engagement Simulation System (TESS) technologies for individual combatant and platform live training.

Icon will function as an operation within SAIC's Analysis, Simulations, Systems, Engineering and Training business unit, and will operate under the continuing leadership of Himanshu Parikh, Icon's co-founder and chief executive officer.

'This acquisition represents a significant step toward our goal to advance our live training offerings,' said Beverly Seay, SAIC senior vice president and business unit general manager. 'The need for this type of simulated training will continue to grow across the military services because it is critical to preparing the warfighter for success in combat. This is a solid strategic move that gives us significant opportunities to help our customers -- both national and international -- enhance warfighter readiness and effectiveness.'


 

 

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