STOCK TITAN

Science Applications International Corporation - SAIC STOCK NEWS

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.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
management dividends
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.25%
Tags
none
Rhea-AI Summary

SAIC has announced a successful fundraising initiative during Hunger Action Month, raising over $350,000 to support food insecurity in the U.S. This amount equates to approximately 3.5 million meals for those in need, facilitated through their partnership with Feeding America. Notably, SAIC employees contributed over $174,000 through various fundraising activities while volunteering at local food banks. This marks a continued commitment from SAIC in addressing hunger, a challenge affecting 118.5 million households in America, particularly impacting one in ten individuals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
partnership

FAQ

What is the current stock price of Science Applications International Corporation (SAIC)?

The current stock price of Science Applications International Corporation (SAIC) is $111.42 as of December 20, 2024.

What is the market cap of Science Applications International Corporation (SAIC)?

The market cap of Science Applications International Corporation (SAIC) is approximately 5.4B.

What does Science Applications International Corporation (SAIC) do?

SAIC provides full life cycle services and solutions in technical, engineering, intelligence, and enterprise IT markets, mainly serving the U.S. government.

Where is SAIC headquartered?

SAIC is headquartered in McLean, Virginia.

How many employees does SAIC have?

SAIC employs approximately 15,000 people.

What are SAIC's main services?

SAIC offers engineering, systems integration, and information technology services, particularly for large government projects.

What was SAIC's recent revenue?

SAIC has annual revenues of approximately $4.4 billion.

Who are some of SAIC's recent award winners?

Recent BEYA award winners include Samford Anderson, Marcus Hill, Deja Noel, Donald Tarpley, and Geataeus Willocks for their outstanding achievements in STEM fields.

What are SAIC's core capabilities?

SAIC's core capabilities include engineering, systems integration, and IT services, especially for government projects.

How does SAIC support diversity and inclusion?

SAIC is committed to diversity, equity, and inclusion, as evidenced by its recognition of employees through awards and active support of various initiatives.

Where can I find more information about SAIC?

You can find more information about SAIC on their official website: https://saic.com.

What recent projects has SAIC been involved in?

SAIC has been involved in various projects including U.S. Army constructive experimentation, IT initiatives for the U.S. Army Corps of Engineers, and electronic warfare space control for the U.S. Air Force Space and Missile Systems Center.

Science Applications International Corporation

NYSE:SAIC

SAIC Rankings

SAIC Stock Data

5.41B
48.40M
0.96%
77.37%
1.9%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
RESTON