SAIC Named to Advanced Battle Management System Digital Infrastructure Consortium

Rhea-AI Summary

Science Applications International Corp. (NYSE: SAIC) has been selected for the Advanced Battle Management System (ABMS) Digital Infrastructure Consortium to enhance multi-domain operations for the Department of the Air Force. As one of five companies involved, SAIC will collaborate to integrate state-of-the-art digital capabilities, contributing to the Department of Defense's Command and Control vision. With annual revenues of approximately $7.4 billion, SAIC aims to support military readiness and strategic decision-making, ensuring mission success.

Positive

• Selected for the Advanced Battle Management System Digital Infrastructure Consortium.
• Collaboration with four other companies enhances military capabilities.
• Focus on modern digital capabilities supports the Department of Defense's Command and Control vision.

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• None.

Company to develop digital and data-centric capabilities for the Department of the Air Force

RESTON, Va.--(BUSINESS WIRE)-- Science Applications International Corp. (NYSE: SAIC) has been named to the Advanced Battle Management System (ABMS) Digital Infrastructure Consortium developing digital capabilities that enable multi-domain operations for the Air Force, Space Force, and Joint Force.

“SAIC is one of five companies selected to serve a vital role in realizing the joint all domain Command and Control (C2) vision for the Department of Defense,” stated Michael LaRouche, president, National Security and Space Sector at SAIC. “We are prepared and ready to support our nation’s warfighters and provide them with a secure architecture that accelerates decision making and amplifies mission success.”

ABMS will accelerate the fielding of new battle management capabilities, utilizing the best industry has to offer to enable our joint and coalition forces to counter the evolving threat.

As part of the Digital Infrastructure Consortium, SAIC will collaborate with other members to integrate modern capabilities leveraging digital engineering. These modern capabilities will become the foundation for the Department of the Air Force’s contribution to the JADC2 concept.

To learn more about SAIC’s work in digital capabilities visit www.saic.com/jadc2.

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 26,000 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 $7.4 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/20220919005131/en/

Media Contact:

Thais Hanson

703.676.8215 | thais.c.hanson@saic.com

Source: Science Applications International Corp.

FAQ

What role did SAIC play in the recent Department of the Air Force announcement?

SAIC was selected for the Advanced Battle Management System Digital Infrastructure Consortium to develop digital capabilities for the Department of the Air Force.

What is the significance of the Advanced Battle Management System for SAIC?

The ABMS is vital for enabling multi-domain operations, where SAIC will collaborate to enhance military command and control capabilities.

How much revenue does SAIC generate annually?

SAIC has annual revenues of approximately $7.4 billion.

Who are the partners in the Digital Infrastructure Consortium along with SAIC?

SAIC is one of five companies participating in the Digital Infrastructure Consortium for the ABMS.

What is the goal of the Digital Infrastructure Consortium involving SAIC?

The goal is to integrate modern digital capabilities to support the Department of Defense's joint all domain Command and Control vision.