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SAIC Wraps Up Icon Systems Purchase

SAIC, a San Diego research and engineering firm, said April 21 that it completed the purchase of Icon Systems Inc., a defense contractor specializing in laser technologies, for an undisclosed price.

Based in San Diego with 100 employees, Icon will operate within SAIC’s analysis, simulations, systems, engineering and training business unit and will be headed by Himanshu Parikh, its founder and chief executive.

SAIC, also known as Science Applications International Corp., has more than 44,000 employees, including more than 4,300 in San Diego.

, Mike Allen

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