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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.

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The board of Science Applications International Corp. (SAIC) has declared a cash dividend of $0.37 per share. This dividend is payable on July 29, 2022, to stockholders of record on July 15, 2022. SAIC aims to continue quarterly dividends, contingent on future earnings and financial health. The company, headquartered in Reston, Virginia, reported annual revenues of approximately $7.4 billion and focuses on transforming technology across various sectors, including defense and intelligence.

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Science Applications International Corp. (NYSE:SAIC) has been awarded a $390 million task order by the General Services Administration for systems engineering and integration services aimed at modernizing the U.S. Space Force's Global Positioning Systems (GPS). This award supports the modernization efforts for both civil and military users, enhancing critical infrastructure. The task order spans a base period of 10 months with options for up to seven additional years. SAIC aims to fulfill operational requirements and bolster the resilience of GPS.

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Science Applications International Corp. (NYSE: SAIC) has been ranked as the #1 U.S. government services provider by revenue in both infrastructure implementation and application managed services, according to Gartner’s new Market Share report. This marks the second consecutive year for the top rank in application managed services. Additionally, SAIC is recognized as the #2 provider for application implementation and managed services, while maintaining the #3 position for technology consulting and overall IT services. The company's current annual revenues are approximately $7.4 billion.

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Science Applications International Corp. (SAIC) is set to announce its first quarter fiscal year 2023 results on June 6, 2022, before the market opens. Following the release, a conference call with SAIC's executive management will take place at 10:00 a.m. Eastern Time to discuss the operational and financial results. The call will be webcasted through the SAIC Investor Relations website, and an audio replay will be made available post-call. SAIC is recognized as a leading technology integrator, with annual revenues of approximately $7.4 billion.

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Science Applications International Corp. (SAIC) has secured a contract extension with the County of Orange, California, for continuing IT managed services. The extension spans 24 months and is valued at approximately $64 million, with potential one-year options thereafter. SAIC will support various IT operations, including data centers and security. This partnership highlights SAIC's strong performance, as evidenced by positive customer satisfaction surveys over eight years. The county serves about 3 million residents through its 25 departments.

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Science Applications International Corp. (SAIC) has appointed W. Scott Gould, former Deputy Secretary of Veterans Affairs, to its Strategic Advisory Board. Gould, who is currently CEO of Mountain Lake Associates, brings extensive experience in federal healthcare and military service. SAIC CEO Nazzic Keene anticipates Gould's insights will enhance the company's ability to meet client needs. This board, consisting of leaders from the public sector, will provide strategic guidance to support SAIC's growth and innovation efforts.

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Science Applications International Corporation (SAIC) reported Q4 revenues of $1.8 billion, marking a 4% increase, with full-year revenues reaching $7.4 billion and 5% growth. Despite this growth, Q4 diluted earnings per share fell 28% to $0.76, and adjusted diluted EPS decreased 10% to $1.50. The company has a strong backlog of $24.1 billion and repurchased $211 million of shares. For FY2023, SAIC anticipates revenues between $7.35 billion and $7.55 billion with an adjusted EBITDA margin of approximately 8.9%.

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Science Applications International Corp. (SAIC) announced a cash dividend of $0.37 per share, payable on April 29, 2022. Shareholders on record as of April 14, 2022 will receive this dividend. SAIC plans to maintain quarterly dividends, subject to board approval based on earnings and financial health. The company reported pro forma annual revenues of approximately $7.1 billion and emphasizes its commitment to delivering innovative technology solutions in defense, space, and intelligence markets.

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Science Applications International Corp. (SAIC) is set to announce its fourth quarter and full fiscal year 2022 results on March 28, 2022, before market open. A conference call discussing operational and financial results will follow at 10:00 a.m. EDT, available via webcast only. With a pro forma annual revenue of approximately $7.1 billion, SAIC is recognized for its technology integration across defense, space, civilian, and intelligence markets. The company emphasizes a commitment to diversity and inclusion as part of its corporate values.

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Science Applications International Corp. (SAIC) has collaborated with Yale School of Nursing to fund research aimed at improving access to vaccines in minority and rural communities. The study, commissioned in February 2021 and completed in December 2021, identifies strategies to combat vaccine hesitancy and enhance distribution. It emphasizes the need for technology and supply chain modernization to ensure that vaccines are delivered equitably. Recommendations include mobilizing community leaders and simplifying registration processes.

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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
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United States of America
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