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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.
Science Applications International Corp. (SAIC) secured $410 million in contract awards for Q4 FY 2022, totaling $2 billion for the fiscal year. The awards primarily focus on digital and systems engineering and data analytics, showcasing SAIC's commitment to innovative solutions in the National Security and Space sector. With annual revenues around $7.1 billion, SAIC continues to emphasize integrated solutions driven by advanced technologies to meet customer needs.
Science Applications International Corp. (NYSE: SAIC) will participate in the Cowen 43rd Annual Aerospace/Defense and Industrials Conference on
Science Applications International Corp. (NYSE: SAIC) has appointed Jon Rucker as senior vice president of its Army Business Unit, managing a portfolio worth approximately $1.2 billion annually. Rucker brings extensive experience from previous roles at CACI and Lockheed Martin, focusing on strategy and business development for a diverse range of Army customers. His leadership aims to enhance SAIC's growth and capabilities in the defense sector, leveraging his strong relationships in U.S. federal agencies. Rucker's educational background includes degrees in Aerospace Engineering, Electrical Engineering, and an MBA.
Science Applications International Corp. (SAIC) has secured prime contract positions on the GSA ASTRO multiple-award contracts, being one of only six companies to win all ten contracts. This strategic addition enhances SAIC's portfolio accessible to federal government customers, particularly in supporting manned and unmanned systems for defense. The contracts, with a potential duration of ten years, cover various scopes such as data operations, mission operations, and research, with no defined ceiling value.
SAIC has launched Rugged Apps™, providing secure versions of commercial mobile applications for government customers. This initiative aims to protect against cybersecurity vulnerabilities in popular apps by ensuring NIAP compliance. The first app available is Avenza Maps Pro, designed for advanced geographic information needs. Additionally, SAIC recently held a Rugged Apps Mobile Challenge, awarding $25,000 to the winner, HighSide. This development supports SAIC’s strategy to enhance security solutions for military and federal agencies.
Science Applications International Corp. (SAIC) has secured a $99 million contract from the
SAIC has secured a significant $1.1 billion contract from the U.S. Navy for the production, assembly, testing, and delivery of MK 48 MOD 7 Torpedo Afterbody Tailcones and MK29 Mod 0 Warshot Fuel Tanks. This contract builds on previous collaborations dating back to September 2016, reflecting SAIC's extensive experience with Navy torpedo systems. The new contract includes the integration of over 500 components into each tailcone, enhancing the Navy's operational capabilities.
SAIC reported a 4.4% increase in revenues, reaching $1.9 billion for Q3 FY2022, driven by new contracts and acquisitions. Diluted EPS rose by 20% to $1.22, with adjusted diluted EPS up 14% to $1.85. Cash flow from operations dropped by 42% to $134 million, mainly due to payroll tax impacts. The company raised its FY2022 guidance for revenue, adjusted EBITDA margin, and free cash flow. SAIC’s backlog remains strong at approximately $24 billion, with new contracts enhancing growth prospects.
Science Applications International Corp. (SAIC) announced $348 million in contract awards for Q3 FY2022 from space and intelligence organizations. Noteworthy is the $100 million digital engineering contract for a classified space customer and an initial $46 million IT solutions contract with potential for multi-year growth. These contracts reflect SAIC's strategy to enhance value through integrated solutions. With annual revenues around $7.1 billion, SAIC emphasizes its innovative capabilities in digital engineering, IT modernization, and AI to support national security.
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