SAIC CEO: 'It is our plan and intention' to retain all Unisys Federal employees

The chief executive of Science Applications International Corp. said today the company hopes to keep all of Unisys Federal's employees.

SAIC earlier today announced it would acquire Unisys Federal in a $1.2 billion deal.

In a call with reporters this afternoon, Nazzic Keene said the acquisition does not count on cost synergies.

"It is our plan and intention to bring the entirety of Unisys Federal to the SAIC family," she said. "We're not looking to . . . drive significant cost savings. We truly are looking to bring the talent and the assets of Unisys Federal into SAIC."

She said SAIC and Unisys Federal can now begin working out the details.

Keene also told reporters the company will benefit from its experience integrating Engility.

She said SAIC and Unisys Federal executives will "talk to the employees, share as much information as fast as we can."

"We'll look to make decisions quickly," Keene added, noting the two companies will put together a combined integration team.