Radiance Technologies Welcomes Former SAIC CEO Tony Moraco to Its Board
Radiance Technologies Welcomes Former SAIC CEO to Board
Radiance Technologies, a prominent player in defense contracting, has officially announced the appointment of Tony Moraco to its Board of Directors. Moraco is a recognizable name in the industry, having led Science Applications International Corporation (SAIC) from 2013 until his retirement in 2019. His tenure at SAIC was marked by significant growth, steering the company from revenues of $4 billion to over $6.5 billion through strategic mergers and acquisitions.
An Impressive Track Record
Moraco's rich professional background in the defense and technology sectors provides Radiance with invaluable expertise as it strives to scale its operations and meet the demands of its clients. During his time at SAIC, he was instrumental in the company’s separation into Leidos Corporation and restructured SAIC, showcasing his capabilities in navigating complex organizational changes.
Bill Bailey, the CEO of Radiance, expressed his enthusiasm about Moraco's joining the board, recognizing his solid experience in major defense transformations. Bailey stated, "We are thrilled to have Tony join our board. His background in growing and transforming companies will be critical as we continue to serve our customers effectively."
Expertise in Security and Technology
Moraco specializes in several areas that align well with Radiance's core business sectors, including national security, space systems, and cybersecurity. His deep understanding of government contracting and acquisition processes is particularly timely, as Radiance aims to enhance its customer-focused solutions amid shifting market demands. His experience not only serves to bolster the leadership of Radiance Technologies but also extends the company's advantages in areas vital to defense and intelligence operations.
Relevant Experience
Before leading SAIC, Moraco honed his skills at Boeing for six years, where he held significant roles in mission systems and technology integration for homeland security. His career in the sector began at Autometric, where he advanced to senior vice president for Corporate Development before the company was acquired by Boeing.
Since retiring from SAIC, Moraco has offered consulting services to private equity firms and has been actively involved with Curtiss-Wright Corporation's board, contributing to various committees focused on finance and human resources. He also holds a Master of Science in Geodetic Sciences and a Bachelor of Science in Civil and Environmental Engineering from Virginia Tech, further establishing his technical foundation and leadership capabilities.
Forward-Looking Vision
As Radiance Technologies looks forward, Moraco's role will be pivotal in navigating the challenges and opportunities facing the defense industry as it adapts to new technological advancements and policy changes. The company is committed to leading in cybersecurity, systems engineering, and operational intelligence, areas where Moraco's insights will surely provide critical strategic direction.
In conclusion, the appointment of Tony Moraco to the Board of Directors at Radiance Technologies not only heralds a new chapter for the company but also underlines its commitment to growth, innovation, and excellence in serving its diverse clientele. With a strong leader like Moraco on board, the company is well-poised to meet the complex demands of the national security landscape in the years to come.