Welcome to our dedicated page for Science Applications Intl news (Ticker: SAIC), a resource for investors and traders seeking the latest updates and insights on Science Applications Intl stock.
Science Applications International Corp (NYSE: SAIC) delivers mission-critical technology integration and IT solutions for U.S. government agencies. This page provides investors and stakeholders with direct access to SAIC's latest news, including press releases, financial updates, and strategic developments.
Key resources include: Earnings reports, federal contract awards, cybersecurity initiatives, and leadership updates. Track SAIC's progress in defense modernization, digital transformation projects, and systems engineering innovations through verified primary sources.
All content is organized chronologically for quick reference, with clear sourcing and publication dates. Bookmark this page to monitor SAIC's evolving role in national security infrastructure and enterprise IT solutions.
SAIC (NASDAQ: SAIC) has appointed Kathleen McCarthy as the new Executive Vice President and Chief Human Resources Officer, effective May 12, 2025. McCarthy will report to CEO Toni Townes-Whitley and lead human resources initiatives, employee engagement strategies, and talent acquisition operations.
McCarthy joins from GE Aerospace, where she served as CHRO for the Defense & Systems business. Her previous roles include CHRO positions at GE Aviation and GE Digital, where she led the business to profitability and shaped its Industrial Internet of Things vision. She also held executive positions at American Express as SVP and Chief Talent Officer, and at Thomson Reuters leading talent management.
A recognized industry leader, McCarthy is a member of World 50, G100, and The Learning Forum's Executive Council Network. She has served on the CEB Talent Management advisory board and is a frequent speaker on talent development.
SAIC (NASDAQ: SAIC) has launched ReadyOne™ Foundational, a commercial-grade digital engineering ecosystem solution now available on AWS Marketplace. This cloud-based platform is designed to meet Department of Defense (DoD) Instruction 5000.97 requirements and government customer needs.
The solution features a built-in digital thread accelerator that unifies data, tools, and teams in real-time through a configurable, turnkey approach. Key benefits include:
- Pre-loaded data-models, software tools, and connectors
- Tool-agnostic digital thread architecture powered by Aras Innovator
- Elimination of vendor lock-in
- Flexible deployment options including cloud-to-cloud or on-premises delivery
The platform enables organizations to transition from traditional document-based engineering to model-based techniques with digitally connected data, promoting transparent and secure collaboration while increasing mission effectiveness and reducing lifecycle costs.
SAIC reported strong Q4 FY25 results with revenues of $1.84 billion, showing 5.8% organic growth. Full fiscal year 2025 revenues reached $7.48 billion with 3.1% organic growth. Q4 net income was $98 million with adjusted EBITDA of $177 million (9.6% of revenue), while FY25 net income totaled $362 million with adjusted EBITDA of $710 million (9.5% of revenue).
Q4 highlights include diluted EPS of $2.00 ($2.57 adjusted) and operating cash flow of $115 million. The company secured Q4 net bookings of $1.3 billion with a book-to-bill ratio of 0.7. Notable post-quarter achievements include winning a $1.8 billion System Software Lifecycle Engineering contract. The company's backlog stands at approximately $21.9 billion, with $3.4 billion funded.
SAIC (NASDAQ: SAIC) has announced a quarterly cash dividend of $0.37 per share, scheduled for payment on April 25, 2025. Stockholders must be on record by April 11, 2025 to receive this dividend. The company has expressed its intention to maintain quarterly dividend payments, though future declarations will be subject to board approval and various factors including earnings, financial condition, and capital requirements.
SAIC (NASDAQ: SAIC) and Defense Unicorns have announced a strategic partnership to enhance software delivery capabilities for the Department of Defense (DoD). The collaboration centers on integrating Defense Unicorns' Unicorn Delivery Service (UDS) into SAIC's existing software ecosystem.
The partnership aims to address critical challenges in DoD software deployment, including fragmented processes, prolonged integration timelines, and inconsistent security standards. By implementing UDS as the standard delivery platform, the partnership promises to:
- Reduce software delivery timelines from months to weeks or days
- Provide secure, repeatable, and portable solutions
- Streamline deployment across cloud, on-premises, and tactical edge environments
- Automate deployment and accelerate compliance
SAIC brings 50 years of technology integration experience to scale UDS across complex defense programs, while Defense Unicorns contributes its automated software delivery expertise.
SAIC (NASDAQ: SAIC) has announced its upcoming fourth quarter fiscal year 2025 earnings release and conference call schedule. The company will release its financial results before market open on Monday, March 17, 2025, followed by a conference call at 10:00 a.m. Eastern time where executive management will discuss operational and financial results.
The conference call will be accessible via webcast through the Investors Relations section of SAIC's website. No dial-in access will be provided, but the company will make a supplemental presentation available on their website. An on-demand audio replay of the webcast will be accessible through the SAIC Investors Relations website after the call concludes.
SAIC has released its 2024 Corporate Responsibility Highlights focusing on sustainability achievements and goals. The company has reduced its carbon emissions by over 41% since 2019 and decreased electricity usage by 7% in 2023. Key initiatives include responsible procurement, e-waste management, and paper-saving practices.
The company is working towards diverting 50% of waste from landfills by 2025 and exploring renewable energy opportunities. SAIC partners with NASA to monitor Earth's conditions and with NOAA to track ocean health and provide tsunami warnings through deep-sea sensors. Their sustainability efforts combine daily operational improvements with innovative solutions for environmental challenges.
SAIC (NASDAQ: SAIC) has secured a new $170.9 million contract from the State of Texas' Department of Information Resources (DIR) to provide cybersecurity services for state agency networks. The company will deliver security operations services, including maintenance and deployment of security tools, environment monitoring, risk management, and compliance oversight.
This contract expands SAIC's growing partnership with state and local governments, adding to their existing IT and cybersecurity services portfolio with clients in Virginia, Colorado, and California. As the prime contractor, SAIC will focus on implementing cutting-edge technologies to enhance service delivery and address emerging threats.
SAIC has secured a prime position on the $1.8 billion Personnel and Readiness Infrastructure Support Management (PRISM) Multiple Award Task Order Contract for the Department of Defense. The contract includes one base year plus four option years, supporting the Office of the Undersecretary of Defense for Personnel and Readiness (OUSD P&R) and its strategic partners.
The PRISM contract implements Streamline Task Order Ordering Procedures (STOOP), designed to reduce acquisition lead time and increase process flexibility. SAIC will focus on enhancing OUSD P&R's operational capabilities through technology integration, data analytics, and mission support services, aiming to optimize readiness and strengthen defense personnel framework.
SAIC has unveiled its comprehensive ESG strategy, outlining a three-year rolling plan focused on corporate responsibility and sustainability. The strategy, informed by stakeholder input and a 2023 materiality assessment, rests on three strategic pillars designed to create long-term value.
The company's ESG vision aims to establish SAIC as an industry leader in corporate responsibility, while its mission focuses on delivering business value through environmental stewardship, social responsibility, and workforce engagement. Key material areas identified include:
- Ethics and Compliance
- Cybersecurity, Data Security and Privacy
- Corporate Culture
- Employee Well-being and Talent Management
- Corporate Governance
- Diversity, Equity and Inclusion
The strategy emphasizes stakeholder engagement through business strategy sharing, direct feedback, and targeted partnerships to address specific opportunities.
