SAIC Names Lou Von Thaer to Lead National Security Sector (NSS)
NSS To Be Part of Solutions Company Leidos Following the Company's Planned
MCLEAN, Va., May 7, 2013
MCLEAN, Va., May 7, 2013 /PRNewswire/ -- Science Applications International
Corporation (SAIC) (NYSE: SAI) announced today that Lou Von Thaer has been
appointed to president of the company's National Security Sector (NSS),
effective June 6. The NSS, along with SAIC's current health and engineering
businesses, will be part of the solutions company Leidos following the
company's planned separation, announced Aug. 30, 2012.
In his new role, Von Thaer will lead nearly 13,000 analysts, scientists,
engineers, and business professionals providing support for customers across
the full spectrum of national security programs including cybersecurity.
"Lou's appointment will have an immediate impact on the NSS of today and also
on future Leidos," said COO Stu Shea. "His breadth of experience in programs
of vital importance to our nation will enable us to move the sector forward,
further refining our strategic focus and maintaining strong relationships with
"I am honored to be selected for this position, and look forward to working
with the talented and dedicated men and women of current SAIC and future
Leidos," said Von Thaer. "The promise of Leidos is an exciting prospect and
the changes that the company is undergoing now will set it on a strong path
toward success – I look forward to being a part of this new kind of company,
and helping take our support of our customers to the next level."
Since 2005, Von Thaer was president of General Dynamics Advanced Information
Systems, a business unit of General Dynamics. In this role, he supported key
national security programs and led more than 7,000 professionals, providing
end-to-end mission systems integration, development and operations support to
customers in the defense, intelligence and homeland communities, with a focus
on cyber, maritime and intelligence, surveillance and reconnaissance
Prior to this role, Von Thaer served in a variety of senior management
positions for General Dynamics Advanced Information Systems, and the Advanced
Technology Systems division of Lucent Technologies and its predecessor, AT&T
Bell Laboratories. He is a member of the Defense Science Board and the
Intelligence and National Security Alliance (INSA) Board of Advisors, and also
serves on the Virginia For Inspiration and Recognition of Science and
Technology (FIRST) Advisory Board, a nonprofit organization that designs
accessible, innovative programs that motivate young people to pursue careers
in science and technology. Von Thaer holds a bachelor's degree in electrical
engineering from Kansas State University and a master's degree in electrical
engineering from Rutgers University.
"The strength of SAIC today and the promise of future Leidos comes from the
talent, expertise and perspectives of our employees – and that starts at the
top," said CEO and Chairman John Jumper. "I'm incredibly excited for Lou to
join our company and add his talents to our leadership team. This will only
better position Leidos for future success."
SAIC is a FORTUNE 500® scientific, engineering, and technology applications
company that uses its deep domain knowledge to solve problems of vital
importance to the nation and the world, in national security, energy and the
environment, critical infrastructure, and health. The Company's approximately
40,000 employees serve customers in the U.S. Department of Defense, the
intelligence community, the U.S. Department of Homeland Security, other U.S.
Government civil agencies and selected commercial markets. Headquartered in
McLean, Va., SAIC had annual revenues of approximately $11.2 billion for its
fiscal year ended January 31, 2013. For more information, visit
www.saic.com. SAIC: From Science to Solutions®
Statements in this announcement, other than historical data and information,
constitute forward-looking statements that involve risks and uncertainties. A
number of factors could cause our actual results, performance, achievements,
or industry results to be very different from the results, performance, or
achievements expressed or implied by such forward-looking statements. Some of
these factors include, but are not limited to, the risk factors set forth in
SAIC's Annual Report on Form 10-K for the period ended January 31, 2013, and
other such filings that SAIC makes with the SEC from time to time. Due to such
uncertainties and risks, readers are cautioned not to place undue reliance on
such forward-looking statements, which speak only as of the date hereof.
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