Welcome to our dedicated page for Science Applications International Corporation news (Ticker: SAIC), a resource for investors and traders seeking the latest updates and insights on Science Applications International Corporation stock.
Science Applications International Corporation (SAIC) is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. Headquartered in McLean, Virginia, SAIC is a key player in the U.S. federal government sector, leveraging its deep customer and domain knowledge to deliver systems engineering and integration offerings for large, complex projects.
With approximately 15,000 employees driven by integrity and mission focus, SAIC serves a wide range of customers across various government agencies. The company's end-to-end enterprise IT offerings cover the entire spectrum of customers' IT infrastructure needs, emphasizing higher-end technology services.
SAIC's core capabilities include engineering, systems integration, and information technology services, particularly for large government projects. The company has annual revenues of approximately $4.4 billion, reflecting its strong financial position and significant market presence.
Recent achievements highlight SAIC's commitment to innovation and excellence. The company recently honored its 2024 Black Engineer of the Year Awards (BEYA) winners, celebrating outstanding achievements in STEM professions:
- Samford Anderson, Senior Operations Research Analyst, recognized as a 'Modern Day Technology Leader' for his work in planning and executing U.S. Army constructive experimentation.
- Marcus Hill, Senior Program Manager, also a 'Modern Day Technology Leader', noted for his leadership in IT initiatives and program management offices supporting the U.S. Army Corps of Engineers.
- Deja Noel, Cybersecurity Specialist, acknowledged for her role in risk assessment and mitigation within SAIC's Governance, Risk, and Compliance team.
- Donald Tarpley, Program Analyst Manager, awarded the 'Science Spectrum Trailblazer' title for his exceptional logistics strategy and management for the U.S. Department of Homeland Security's Science and Technology Directorate.
- Geataeus Willocks, Systems Engineering Manager, also a 'Science Spectrum Trailblazer', recognized for her contributions to electronic warfare space control and mentoring efforts in STEM fields.
These achievements underscore SAIC's dedication to diversity, equity, and inclusion, as well as its commitment to solving the most difficult challenges and succeeding together with its customers.
For more information about SAIC, its projects, and career opportunities, please visit the official website at saic.com.
SAIC has been recognized by Frost & Sullivan as a Company to Watch for its contributions to the Department of Defense's JADC2 strategy. The company has secured over $500 million in related contract awards in 2022. Experts from SAIC are noted for their advanced capabilities in network virtualization, software integration, and cloud operations. Their role involves transforming legacy systems for enhanced decision-making efficiency.
Science Applications International Corp. (SAIC) declared a cash dividend of $0.37 per share, payable on January 27, 2023, to stockholders recorded by January 13, 2023. The company plans to maintain quarterly dividends, contingent on earnings, financial health, and capital needs. With annual revenues of approximately $7.4 billion, SAIC emphasizes its role as a technology integrator across various markets, ensuring effective solutions for customer missions.
SAIC has secured approximately $950 million in contract awards in the third quarter of fiscal year 2023, focusing on space and intelligence sectors. These awards include a significant project with the Missile Defense Agency for analysis efforts. The company aims to leverage its diverse capabilities including secure cloud, C5ISR, machine learning, and digital engineering, enhancing its position as a key partner for national security. With annual revenues around $7.4 billion, SAIC emphasizes its commitment to delivering innovative solutions for critical missions.
Science Applications International Corp. (SAIC) is set to release its third quarter fiscal year 2023 results on December 5, 2022, before market open. Executive management will discuss the financial results during a conference call at 10:00 a.m. ET, which will be accessible via webcast on the SAIC website. The company has annual revenues of approximately $7.4 billion and provides technology integration across various sectors including defense and intelligence. Forward-looking statements included in the release emphasize the uncertainties of future performance.
Science Applications International Corp. (NYSE: SAIC) has secured a contract worth an estimated $757 million to provide software development and management services for the U.S. Army Enterprise Service Desk (AESD). This contract allows SAIC to optimize existing operations and modernize the Army's IT systems. The company will utilize its expertise in cloud migration and software engineering to enhance IT service delivery across the Army.
SAIC continues to solidify its role as a technology integrator with projected annual revenues of $7.4 billion.
SAIC has announced a successful fundraising initiative during Hunger Action Month, raising over
Science Applications International Corp. (NYSE: SAIC) has secured a $170 million contract from NASA for independent verification and validation (IV&V) services related to space systems and software. This five-year Systems and Software Assurance Services 2 (SAS2) contract will support NASA's human space exploration and various Earth and planetary science missions.
SAIC’s expertise is crucial for the success of key missions like the Perseverance Mars Rover and the Artemis Program. The contract encompasses Software Systems IV&V, Safety & Mission Assurance, and Software Assurance services.
Science Applications International Corp. (SAIC) has pledged $1.5 million to the Alabama School of Cyber Technology and Engineering (ASCTE). This investment aims to enhance STEM education and workforce development, supporting the school's initiatives in cyber technology and engineering. ASCTE, located in Huntsville, Alabama, provides free tuition and housing, focusing on hands-on learning experiences. This partnership illustrates the collaborative effort between industry and education to cultivate future leaders in technology.
Science Applications International Corp. (SAIC) has partnered with Rogue Space Systems to enhance innovations in small satellite technology. This collaboration focuses on In-Orbit Service Assembly and Manufacturing (ISAM), asset inspection, and Space Situational Awareness (SSA). SAIC will develop and integrate Rogue's orbital robots, the Orbots™, to provide these services. This partnership aims to address the rising demand for ISAM and SSA in space, particularly for both commercial and government sectors, and reinforces SAIC's commitment to supporting national priorities in the growing global space market.
FAQ
What is the current stock price of Science Applications International Corporation (SAIC)?
What is the market cap of Science Applications International Corporation (SAIC)?
What does Science Applications International Corporation (SAIC) do?
Where is SAIC headquartered?
How many employees does SAIC have?
What are SAIC's main services?
What was SAIC's recent revenue?
Who are some of SAIC's recent award winners?
What are SAIC's core capabilities?
How does SAIC support diversity and inclusion?
Where can I find more information about SAIC?