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Major Company To Move To Area, Invest In Community

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Executives with the Science Applications International Corporation, or SAIC, cheer as a curtain is lowered and the plans for its new headquarters are unveiled.

The massive government contracting firm is moving from San Diego to Tysons Corner in Fairfax County, and it's bringing 1,200 new jobs with it.

Virginia governor Tim Kaine says SAIC is already the fourth largest private employer in the D.C. region, "but today we take it to the next level with this great announcement."

The company's executives say they want to be closer to their main client, the federal government. They also say that as a part of their move, SAIC will fund new science and math programs in Fairfax County Public Schools. "You can expect from SAIC an outreach," the company's new CEO, Walt Havenstein, says, "from kindergarten to college."

The state chipped in more than $8 million to entice SAIC to relocate to Virginia.

David Schultz reports...

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