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In 2012 SAIC was ordered to pay $500 million to the City of New York for overbilling the city over a period of seven years on the CityTime contract. [15] [16] In 2014 Gerard Denault, SAIC's CityTime program manager, and his government contact were sentenced to 20 years in prison for fraud and bribery related to that contract.
State Administration for Industry and Commerce. Prior to March 2018, the State Administration for Industry and Commerce ( SAIC; Chinese: 国家工商行政管理总局) was the authority in the People's Republic of China responsible for advancing legislation concerning the administration of industry and commerce in the People's Republic. [1]
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Leidos employees in 2017 Capital Pride in Washington, D.C.. In August 2012, SAIC announced its plans to split into two publicly traded companies. The company spun off about a third of its business, forming an approximately $4 billion-per-year service company focused on government services, including systems engineering, technical assistance, financial analysis, and program office support.
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