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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 (SAIC) announced its first-quarter fiscal year 2025 results. The company reported revenues of $1.85 billion, reflecting a 0.4% organic growth. Net income stood at $77 million, with an adjusted EBITDA of $166 million, making up 9.0% of total revenues. Diluted earnings per share were $1.48, and adjusted diluted EPS was $1.92. Cash flows from operations amounted to $98 million, though transaction-adjusted free cash flow was $21 million. Net bookings were recorded at $2.6 billion, with a book-to-bill ratio of 1.4. The company reaffirmed its fiscal year 2025 guidance. Key new contracts included a $444 million award from the U.S. Space Force and significant recompete awards from NASA and the U.S. Navy. CEO Toni Townes-Whitley highlighted the initiation of a multi-year growth strategy introduced at the 2024 Investor Day, aimed at maximizing long-term shareholder value. Additionally, SAIC appointed Srinivas “Srini” Attili as EVP for the Civilian Business Group.
Science Applications International Corp. (SAIC) declared a cash dividend of $0.37 per share of common stock.
The dividend will be payable on July 26, 2024, to stockholders of record on July 12, 2024. SAIC plans to maintain a quarterly dividend payment schedule, but future declarations will depend on various factors, including earnings and financial condition.
Science Applications International Corp. (NASDAQ: SAIC) has launched Tenjin GPT, a generative AI resource designed to enhance internal operations. This AI tool, part of SAIC's Tenjin data science platform, leverages OpenAI's GPT model to automate tasks, streamline processes, and provide valuable insights from large datasets. SAIC aims to boost employee productivity, creativity, and collaboration while upskilling its workforce. The AI initiative aligns with ethical governance standards and is powered by Microsoft's Azure AI for secure and scalable integration. Currently used internally, Tenjin GPT has potential applications for customer infrastructure.
Science Applications International Corp. (NASDAQ: SAIC) will release its first quarter fiscal year 2025 results on Monday, June 3, 2024, before market open. At 10:00 a.m. Eastern time, SAIC's executive management will discuss the operational and financial results in a conference call webcasted live via the SAIC Investor Relations website.
The company will not offer dial-in access, but a supplemental presentation and an on-demand audio replay of the webcast will be available on the Investor Relations website.
Science Applications International Corp. (SAIC) has secured a $232 million contract from the U.S. Army to develop signals intelligence and electronic warfare systems. The contract aims to enhance the DTIC repository and support the R&D and S&T community, focusing on addressing emerging battlefield challenges. SAIC will provide critical systems engineering and IT modernization services over a five-year period.
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