SOURCE: Science Applications International Corp.
DESCRIPTION:
Reston, Va., August 31, 2021 /3BL Media/ – Science Applications International Corp. (NYSE: SAIC) announced that Halfaker and Associates, LLC, an SAIC company, and Cognitive Medical Systems have acquired CivitasDX, a certified service-disabled, veteran-owned small business (SDVOSB) joint venture to optimize digital experiences between citizens and their governments.
Halfaker, a technology solutions provider within the federal government’s health, intelligence, defense, and security sectors, was recently acquired by SAIC. Cognitive is a certified SDVOSB specializing in interpreting and contextualizing key health data at the point of origin, transforming and then communicating it to providers and patients as meaningful, actionable information.
Created in 2020, CivitasDX was previously owned by Agile Six Applications and Cognitive. With this transaction, Cognitive and Halfaker will own majority and minority interests in CivitasDX, respectively. This joint venture continues Halfaker’s commitment to support Cognitive through the Small Business Administration All-Small Mentor-Protégé program, which Halfaker entered earlier this year.
“We are privileged to be in a position to support one of our small business partners through the mentor-protégé program as they continue to grow and successfully navigate the industry,” said Dawn Halfaker, vice president of health strategy, SAIC. “The joint venture further deepens our partnership and enables us to deliver tangible value for our federal clients and empower them to better serve their constituents.”
This is Halfaker’s third mentor-protégé relationship and joint venture, demonstrating the firm’s commitment to helping build the next generation of small business government contractors. The new enterprise complements Halfaker’s other joint ventures and will further the company’s ability to serve the Department of Veterans Affairs as a prime contractor on theTransformation Twenty-One Total Technology Next Generation (T4NG) contract.
"We are excited to be in a partnership with Halfaker and SAIC. We look forward to learning from their years of success and to collectively building solutions which will help to transform the digital experiences that people have with government information systems,” said Cognitive President and Cofounder Douglas W. Burke.
About SAIC
SAIC® is a premier Fortune 500® technology integrator driving our nation’s technology transformation. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes secure high-end solutions in engineering, digital, artificial intelligence, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions that are critical to achieving our customers' missions.
We are more than 26,500 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $7.1 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
About CivitasDX
At CivitasDX, we believe government services should do just that: serve. And we are hungry to be a part of that service and provide value to the American public. That's why we created a partnership between Halfaker and Associates and Cognitive Medical Systems to bring our best practices and people to the digital transformation space. We engage our community of experts, government partners, and the public to create efficient and effective tech solutions to pressing government problems. CivitasDX’s mission is tooptimize digital experiences between citizens and their governments.
About Cognitive Medical Systems
Cognitive Medical Systems is a physician-led Service-Disabled Veteran-Owned Small Business. Cognitive interprets and contextualizes key health data at the point of origin for our clients, transforming and then communicating it to providers and patients as meaningful, actionable information. We also securely manage, move and store health data throughout its journey to final disposition. Cognitive’s mission is to empower the world to optimize healthcare outcomes. To learn more about Cognitive Medical Systems, please visit www.cognitivemedicalsystems.com.
Forward-Looking Statements
Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.comor on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.
Media Contact:
Brad Bass
240.418.0168 | brad.h.bass@saic.com
KEYWORDS: SAIC, SAIC Inc., Halfaker, veteran-owned small business, Disabled, CivitasDX
