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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.
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Science Applications International Corp. (SAIC) will hold an Investor Day on April 11, 2024, and transfer its stock exchange listing from NYSE to Nasdaq on March 4, 2024. The event will discuss the company's strategy and financial outlook, showcasing innovative capabilities.
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Science Applications International Corp. (SAIC) has been awarded an $80.5 million task order by the U.S. Navy to provide MK 710 Torpedo System Test Sets (TSTS) to enhance the Navy’s capability to validate MK 48 heavyweight torpedoes. The five-year contract will allow SAIC to support the Navy’s heavyweight torpedo program and further demonstrate the trust and confidence the Navy has placed on SAIC's expertise in this area.
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Science Applications International Corp. (SAIC) has been awarded a $156 million contract to provide system support to the U.S. Army Reserve Command (USARC) through their United States Army Reserve Command Information Technology Support Services (USARC ITSS II) contract. SAIC will provide cost-effective enterprise IT solutions and support, leveraging their expertise to deliver secure and resilient IT services for over 65,000 users across 700 locations globally. The company aims to enhance mission value, user experience, cybersecurity, network availability, and reliability for USARC and its customers.
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Science Applications International Corp. (SAIC) (NYSE: SAIC) has been selected to provide a range of Information Technology (IT) services on the Department of Veterans Affairs (VA) contracting vehicle called Transformation Twenty-One Total Technology Next Generation Two (T4NG2). SAIC will serve as a prime contractor and compete for task orders to provide IT services across 11 technical functional areas in support of the VA and other federal agencies. The company has a successful track record with the VA, executing 16 task orders valued at approximately $935 million to date.
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Science Applications International Corp. (SAIC) has been awarded a $375 million contract by the U.S. Navy to provide Command, Control, Communications, Computers (C4) Intelligence, Surveillance and Reconnaissance (ISR) fielding and integration on land-based vehicle platforms to support Naval Information Warfare Center Atlantic (NIWC Atlantic). This five-year contract will involve production-engineering, integration, installation, logistical, and programmatic support required to enable C4ISR fielding and integration on numerous land-based vehicle platforms across multiple Department of Defense services at both continental U.S. and overseas locations.
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Science Applications International Corp. (SAIC) (NYSE: SAIC) has been awarded a $63 million contract from the U.S. Navy to provide research, development, test and evaluation for Strategic Systems Programs and the Naval Surface Warfare Center Crane. The contract aims to support hypersonics advanced concepts and strategic mission solutions for the Navy’s Strategic Systems Programs and the Naval Surface Warfare Center Crane. SAIC will enhance hypersonics advanced concepts and strategic missions focused on next-generation systems, subsystems, components, features, and technologies. The company will also provide support in developing unique test capabilities, assessing and addressing technology gaps, recommending requirements and solutions for hypersonics advanced concepts and strategic mission areas, and identifying critical enabling technologies. SAIC's work will drive quick-reaction analysis and rapid engineering principals across Department of Defense hypersonic advanced concepts and strategic mission initiatives to enable continued technological superiority.
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Science Applications International Corporation (SAIC) (NYSE: SAIC) announced a reorganization, replacing two current business sectors with five new business groups: Army; Navy; Air Force and Combatant Commands; Space and Intelligence; and Civilian. The new structure aims to reduce hierarchy, increase innovation, expand business development, and gain greater customer intimacy. SAIC's CEO, Toni Townes-Whitley, expressed confidence in the company's ability to bring innovative solutions to market, prioritize growth, and deliver significant long-term value for shareholders, customers, and employees.
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Science Applications International Corporation (SAIC) reported revenues of $1.90 billion, with 10.6% organic growth adjusted for impact of divestitures. The company's net income was $93 million, and adjusted EBITDA was $178 million or 9.4% as a % of revenues, an increase of 50 bps year-over-year. Diluted earnings per share were $1.76, with adjusted diluted earnings per share of $2.27. Cash flows provided by operating activities were $101 million, and transaction-adjusted free cash flow was $148 million. SAIC also increased revenue and adjusted diluted EPS guidance for fiscal year 2024.
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Science Applications International Corp. (SAIC) announces a cash dividend of $0.37 per share of common stock, payable on January 26, 2024, to stockholders of record on January 12, 2024. SAIC plans to continue quarterly dividends, subject to board approval and financial factors.
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Science Applications International Corp. (NYSE: SAIC) is set to release its Q3 fiscal year 2024 results on December 4, 2023. The executive management will discuss operational and financial results in a webcast conference call at 10:00 a.m. Eastern time. The company will provide webcast access only, with no dial-in access available. A supplemental presentation will also be accessible on the Investor Relations section of the SAIC website.
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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
United States of America
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