SAIC Announces Appointment of New Board Member

Rhea-AI Summary

Former Global Chief Information Officer Dana Deasy joins SAIC Board of Directors

Former Global Chief Information Officer of the Department of Defense and JP Morgan Dana Deasy to Join Board

RESTON, Va.--(BUSINESS WIRE)-- Science Applications International Corp. (NYSE: SAIC) today announced the appointment of veteran government and private sector Global Chief Information Officer Dana Deasy to its Board of Directors, bringing the board’s total membership to eleven. Deasy has also been appointed to serve on the Board’s Risk Oversight Committee.

“We are delighted to have Dana Deasy join our Board of Directors,” said Donna Morea, SAIC Board Chair. “As a highly accomplished technology leader in government and the private sector, he brings a wealth of relevant IT and cyber expertise to our objectives which advance the critical missions of our customers. It is an honor to welcome him to the Board.”

With extensive experience in managing the constantly evolving cyber landscape, Deasy has 40 years of professional experience leading the delivery of large-scale IT strategies and solutions for the Department of Defense, JP Morgan Chase, British Petroleum, General Motors, Tyco International, Siemens Americas and Rockwell Space Systems. Inducted into the CIO Hall of Fame in 2012 and the International Association of Outsourcing Professionals Hall of Fame in 2013, he was named Transformational CIO in 2017 and a 2019 Wash100 leader.

About SAIC

SAIC® is a premier Fortune 500® technology integrator driving our nation’s technology transformation. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in engineering, digital, artificial intelligence and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective and efficient solutions that are critical to achieving our customers' missions.

We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $6.9 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements

Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230907131190/en/

Thais Hanson

703.676.8215 | thais.c.hanson@saic.com

Source: Science Applications International Corp.