On August 12, Radiance Technologies announced the appointment of Tony Moraco to its board of directors. Moraco served as chief executive officer of Science Applications International Corporation (SAIC) from 2013 until his retirement in August 2019, leading the $7 billion defense contractor through significant growth and transformation.
“We’re excited to have Tony join our board,” said Bill Bailey, Radiance’s CEO. “He’s been through the battles of growing and transforming major defense companies, and that’s exactly the kind of real-world experience we need as we continue scaling our business and serving our customers.”
Moraco brings extensive expertise in national security, space systems, cybersecurity, and government contracting, with a particular focus on complex acquisitions and organizational transformations. His experience serving military and intelligence communities provides deep insight into the markets Radiance serves.
During his tenure at SAIC, Moraco led the 2013 separation of the $10 billion entity into Leidos Corporation and a refocused SAIC. Under his leadership, SAIC grew from $4 billion to $6.5 billion in revenue through strategic acquisitions, including Scitor Corporation and Engility Holdings. The company’s stock price more than doubled over his seven-year tenure.
Before joining SAIC in 2006, Moraco spent six years at Boeing, where he served in the Space & Intelligence Systems and Phantom Works organizations. He began his career at Autometric, Inc. in 1984, advancing to senior vice president for corporate development before the company was acquired by Boeing in 2000.
Since retiring from SAIC, Moraco has provided consulting services to various private equity firms, and GLG, a global expert network. In 2021, he joined the board of Curtiss-Wright Corporation where he serves on the Finance Committee and Human Resources and Compensation Committee.
Source: Radiance Technologies
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