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SAIC Settles CityTime Case For $500.4 Million 51

Posted by samzenpus
from the show-me-the-money dept.
First time accepted submitter arnott writes "Science Applications International Corp. said that it will pay $500.4 million in restitution and penalties under a settlement over its CityTime program with New York City. From the article: 'Two former SAIC employees have been charged with conspiring to defraud New York, and New York Mayor Michael R. Bloomberg (I) has called on the company to reimburse the city for the more than $600 million it spent on the program over an 11-year period.'"
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SAIC Settles CityTime Case For $500.4 Million

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  • by fuzzyfuzzyfungus (1223518) on Friday March 16, 2012 @07:22AM (#39375489) Journal
    SAIC is a highly evolved obligate parasite of government.

    As with many highly evolved parasites, many capabilities are either vestigial or entirely absent; but the apparatus used to find, latch on to, and suck nutrients from, the host has been optimized to an impressive degree.
  • by MikeRT (947531) on Friday March 16, 2012 @08:51AM (#39375935) Homepage

    Is that given their federal track record, why would NYC give them something like this? Their prior performance at the federal level looks like the killing fields of Cambodia done on a bank statement. They're an institutional argument of why cost alone should never be a factor in awarding a contract; bang-for-the-buck instead because the feds have almost without fail gotten exactly what they've paid for from this company.

Aren't you glad you're not getting all the government you pay for now?

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