SAIC, Inc.’s former subsidiary Telcordia, since March 2001, is still in arbitration proceedings before the International Chamber of Commerce (ICC), against Telkom South Africa as a result of a contract dispute.
Telcordia seeks to recover damages for breach of contract, plus…
SAIC, Inc. says that it identified a number of potential indemnification claims against certain sellers, following the closing of an undisclosed acquisition in December 2006, according to the Company’s quarterly report filed with the Securities and Exchange Commission for the…
SAIC, Inc. continues to be subject to routine compliance reviews by the Internal Revenue Service (IRS) and other taxing authorities.
The IRS is currently reviewing fiscal years 2007 and 2008. During the next 12 months, it is reasonably possible that resolution…
SAIC, Inc. says that oral arguments over an appeal in a dispute over the proper interpretation of contract pricing terms are scheduled for January 2009.
As a result of the dispute, the Company has initiated a lawsuit against a state government…
SAIC, Inc., on October 2008, filed post-trial motions, challenging a judgment, which was in favor of the Nuclear Regulatory Commission (NRC) in a False Claims Act case.
The U.S. Department of Justice filed a lawsuit against the Company in September 2004…
The negotiations between SAIC Inc. and the Hellenic Republic of Greece relating to the provisions of the Greek contract to resolve the US$2 million adjustment in excess of the previously agreed- upon maximum price reduction limit of US$11 million are…
SAIC, Inc.’s former Telcordia subsidiary’s contract dispute with Telkom South Africa is ongoing.
As previously disclosed in the Company’s Annual Report on Form 10- K for the year ended Jan. 31, 2007 and Quarterly Reports on Form 10-Q for the three…
SAIC, Inc. continues to pursue its lawsuit against a state government customer seeking payment for certain technical services as a result of a dispute over the proper interpretation of contract pricing terms.
Although the amount of the claim, based on…
The lawsuit filed by the U.S. Department of Justice against SAIC, Inc. in September 2004 in the U.S. District Court for the District of Columbia is ongoing.
The lawsuit alleges civil False Claims Act violations and breach of contract on…