AMERICAN SYSTEMS Completes Acquisition of Test & Evaluation Business Unit of SAIC

Contractor's T&E Capabilities Bolstered Through Strategic Acquisition


CHANTILLY, VA--(Marketwire - Nov 9, 2012) - AMERICAN SYSTEMS, a leading provider of federal IT and engineering solutions, today announced it has completed the acquisition of Science Applications International Corporation's (SAIC's) Test & Evaluation (T&E) business unit.

Test & Evaluation is a strategic area for AMERICAN SYSTEMS, which has made significant progress entering the market organically with contracts including the Defense Information Systems Agency's (DISA's) Joint Interoperability Test Command (JITC) Mission Support Services. The acquisition now accelerates this growth, complementing and strengthening AMERICAN SYSTEMS' current T&E capabilities and expanding the company's offerings to include testing, scientific, engineering, logistic, administrative and ancillary support. 

"The Test & Evaluation market traditionally experiences remarkable growth as conflicts are winding down. Innovative technologies developed to support various divisions of our military now need to achieve interoperability. We see this area as a huge growth opportunity for AMERICAN SYSTEMS," said William C. Hoover, president and chief executive officer of AMERICAN SYSTEMS. "Our organizations share strong cultural similarities in our commitment to our customers and prioritization of their missions, making the acquisition a natural fit."

As reported previously, approximately 300 SAIC personnel have joined AMERICAN SYSTEMS' Human Capital & Managed Services group (HC&MS) in connection with the acquisition. All employees of the acquired unit will remain in their current organizational structure, in support of current contracts. Jason Frye, vice president and general manager at AMERICAN SYSTEMS, leads the HC&MS group.

"We are thrilled to have joined AMERICAN SYSTEMS, a company with an exceptional reputation for meeting government missions. As a part of AMERICAN SYSTEMS, we now have a greater opportunity to pursue T&E contracts," said Chuck Zang, Vice President & Executive Director of the T&E business unit.

About AMERICAN SYSTEMS

Founded in 1975, AMERICAN SYSTEMS is one of the largest employee-owned companies in the United States, with approximately 1,500 employees nationwide. Based in the Washington, D.C. suburb of Chantilly, Va., the company provides systems engineering, technical and managed services to government customers. For more information, please visit: www.AmericanSystems.com.

Contact Information:

Contact:
Mike Dolton
Director, Corporate Communications
703.968.5287