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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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Science Applications International Corp. (SAIC) has been awarded a contract to compete for task orders worth up to $556 million for the Technical Services Support (TSS) 2 Contract aimed at modernizing human resources for the Navy. This five-year contract allows SAIC to provide support in 10 core function categories including IT system support and cybersecurity. The work is expected to be completed by October 2026, with a possible extension to April 2027.

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Science Applications International Corporation (SAIC) will release its third quarter fiscal year 2022 results on December 6, 2021, before the market opens. The management will discuss financial and operational results in a conference call starting at 10:00 a.m. ET. The call will be available via webcast, with no dial-in option. A supplemental presentation will also be accessible to the public. An on-demand audio replay will be available on the SAIC Investor Relations website after the call.

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Science Applications International Corp. (SAIC) has been awarded a contract to compete for task orders worth up to $93 million for the U.S. Navy’s Tactical Integrated Threat/Target Training Systems (TTS) program. This five-year, indefinite-delivery / indefinite-quantity contract focuses on research and development, engineering, and sustainment of tactical threat systems to elevate Navy aircrew effectiveness and survivability. The project is expected to be completed by September 2026, enhancing SAIC's long-term engagement with military contracts.

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Science Applications International Corp. (SAIC) CEO Nazzic Keene has received the 2021 Technology Good Scout Award from the Boy Scouts of America. The award recognizes her commitment to advancing technology and embodies the Scout values of integrity and trustworthiness. Keene is the first female recipient and will accept the award at a reception in Tysons Corner, Virginia. The NCAC emphasizes the importance of outdoor activities for youth, with over 36,000 scouts participating in adventures promoting physical and mental health.

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Science Applications International Corp. (NYSE:SAIC) raised over $385,000 during Hunger Action Month in September, equating to 3.8 million meals for those facing food insecurity in the U.S. Employees contributed more than $205,000 through fundraising activities and donations, marking the highest amount raised in the eight-year partnership with Feeding America. The initiative addresses urgent hunger challenges exacerbated by the COVID-19 pandemic, as 38 million Americans confront food insecurity according to the USDA.

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Science Applications International Corp. (NYSE: SAIC) has appointed Vernon Saunders as senior vice president of its National Intelligence Community Business Unit. He brings significant experience from roles at prominent organizations like Huntington Ingalls and Jacobs National Security Solutions. Reporting to Michael LaRouche, Saunders aims to enhance SAIC's capabilities in cloud, application security, data analytics, digital engineering, and digital transformation. With SAIC’s 50-year history in the intelligence sector, this leadership change is expected to strengthen their position in the market.

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Science Applications International Corp. (SAIC) has appointed Kevin Brown as its new Chief Information Security Officer (CISO). With decades of experience in cybersecurity, including previous roles at Boston Scientific and Raytheon, Brown will manage SAIC's cybersecurity strategy, covering aspects like incident response and business resilience. He will report to Nathan Rogers, SAIC’s CIO. Brown, a U.S. Navy veteran, holds degrees from The George Washington University and the U.S. Naval Academy. SAIC reported pro forma annual revenues of approximately $7.1 billion.

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Science Applications International Corp. (NYSE: SAIC) announced an enhanced employee benefits package for 2022, emphasizing flexibility and support for families. Key initiatives include:

  • Flexible Work Arrangements: Introduction of a 4-day workweek and increased telecommuting options.
  • Juneteenth Holiday: Paid recognition of Juneteenth to support diversity and inclusion.
  • Paid Family Leave: Increased leave for family care and subsidized backup childcare.
  • Healthcare Costs: No increase in employee medical premiums for the second consecutive year.
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Science Applications International Corp. (NYSE: SAIC) announced that its U.S. Air Force client won the inaugural International Data Corporation (IDC) 2021 Future of Digital Innovation Award in the government category for the Virtual Mission Trainer (VMT). This extended-reality training platform has allowed pilots to conduct 95% of their training activities during the COVID-19 pandemic. VMT reduced training duration from 12 to 6 months and enabled solo flights 40% sooner than traditional methods, showcasing significant advancements in pilot training efficiency.

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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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