SAIC Announces New CEO is Walter Havenstein

San Diego-based Science Applications International Corp. announced this morning the retirement of its CEO Kenneth Dahlberg, who has been with the company since November 2003.

"Consistent with the company's mandatory retirement policy for executive officers," Dahlberg will step down effective September 20, the science and technology contractor said in a statement. SAIC also confirmed Walter Havenstein, outgoing CEO of Rockville-based defense contractor BAE Systems, will take his place. BAE first announced the move yesterday, as you may have read in today's Post story.

Under Dahlberg's leadership, SAIC transitioned from employee-owned to publicly traded and grew its annual revenues to $10 billion. SAIC is one of the region's biggest employers, with more than 17,000 workers in the Washington area.

--Emma L. Carew

By Sara Goo  |  June 23, 2009; 10:17 AM ET  | Category:  Aerospace & Defense
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