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 Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
none
-
Rhea-AI Summary

Science Applications International Corp. (NYSE: SAIC) announced its participation in the Cowen and Company 42nd Annual Aerospace/Defense and Industrials Conference. CEO Nazzic Keene and CFO Prabu Natarajan will engage in a Q&A session on February 11, from 9:20 a.m. to 10:00 a.m. ET. A live audio webcast will be accessible via SAIC's Investor Relations website and available for replay for 90 days. SAIC is a technology integrator with approximately $7.1 billion in pro forma annual revenues, specializing in defense, space, civilian, and intelligence markets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.84%
Tags
conferences
Rhea-AI Summary

On January 25, 2021, Parsons Corporation (NYSE: PSN) announced its leadership of an industry team, including Leidos (NYSE: LDOS) and SAIC (NYSE: SAIC), for a 10-year, $953 million contract with the U.S. Air Force. This initiative aims to design and maintain Air Base Air Defense (ABAD) systems across Europe and Africa, addressing emerging asymmetric threats. The team will utilize advanced technologies and an open architecture approach to enhance air base defense capabilities, ensuring protection for military assets in contested environments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
none
-
Rhea-AI Summary

Science Applications International Corporation (NYSE: SAIC) reported robust financial results for the third quarter ending October 30, 2020, with revenues increasing 11% to $1.818 billion, driven by acquisitions and new contracts. Operating income rose 17% to $110 million, while diluted earnings per share increased to $1.02. The company experienced a book-to-bill ratio of 2.7, with net bookings around $5.0 billion. However, COVID-19 impacted approximately $60 million in revenue. The Board declared a cash dividend of $0.37 per share, payable on January 29, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.28%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
covid-19
Rhea-AI Summary

Science Applications International Corp. (NYSE: SAIC) will showcase its training and simulation solutions, including its in-SITE microlearning platform, at the 2020 I/ITSEC conference. The company highlights its innovative approaches to training, notably through partnerships with the U.S. Air Force and Army National Guard, achieving significant training milestones during the COVID-19 pandemic. Their solutions are utilized by various military branches, enhancing performance through advanced technologies. Noteworthy contracts include a $737 million support deal with the Air Force and a $750 million task order for the Army National Guard.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
covid-19
-
Rhea-AI Summary

Science Applications International Corp. (NYSE: SAIC) has secured a task order valued at $973 million from U.S. Customs and Border Protection (CBP) for the operation and enhancement of its security systems. The task order, awarded under the General Services Administration’s Alliant 2 contract, encompasses a one-year base period with four additional one-year options and a potential six-month extension. SAIC aims to leverage cloud, machine learning, and AI to improve the efficiency of CBP's targeting systems, enhancing the identification of potential security threats.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
none
-
Rhea-AI Summary

Science Applications International Corp. (NYSE: SAIC) announced the appointment of Prabu Natarajan as executive vice president and chief financial officer, effective January 4, 2021. Natarajan, who has a strong background from Northrop Grumman, will replace Charlie Mathis, who retired earlier this year. His experience in financial strategy, mergers, and acquisitions positions him to significantly contribute to SAIC's growth strategy and program performance, as highlighted by CEO Nazzic Keene.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
Tags
management
Rhea-AI Summary

Science Applications International Corp. (NYSE: SAIC) has been awarded a position on the U.S. Department of Agriculture Farm Production and Conservation (FPAC) blanket purchase agreement (BPA), which allows them to compete for task orders for IT support services valued at approximately $620 million. This BPA has a duration of five years and aims to enhance and maintain various information systems for the USDA. SAIC will provide extensive IT support, including conservation planning and financial assistance, strengthening its role in supporting USDA's conservation mission.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
Tags
none

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