Secretive SAIC Goes Public

The federal contractor that works on many hush-hush military and security projects has filed for an IPO. The big winners: Its workers
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By Ronald Grover

What's the reward for working for a supersecret federal contractor? Plenty, if you happen to be employed by San Diego-based Science Applications International Corp. SAIC, which generated a healthy chunk of its nearly $7.2 billion in revenues last year from work for the Pentagon and Homeland Security Dept., filed for an initial public offering on Sept. 1.