Welcome to our dedicated page for Science Applications Intl news (Ticker: SAIC), a resource for investors and traders seeking the latest updates and insights on Science Applications Intl stock.
Science Applications International Corporation provides technical, engineering, mission IT, enterprise IT and professional services primarily for U.S. government customers. The company operates across defense, space, civilian and intelligence markets, with work that includes secure technology integration, infrastructure modernization, systems sustainment, mission assurance and support for critical national-security and civil-agency operations.
SAIC news commonly covers federal contract awards and task orders, program support for agencies such as the U.S. Navy, NASA and the Government Accountability Office, quarterly and annual financial results, dividends, board and executive changes, and community initiatives connected to veterans and military families.
SAIC (NASDAQ: SAIC) reported that its board of directors has declared a cash dividend of $0.37 per share on its common stock. The dividend is payable on October 23, 2026 to shareholders of record as of October 9, 2026. SAIC stated it intends to continue quarterly dividend payments, but future dividends will be decided each quarter based on earnings, financial condition, capital needs and other factors.
SAIC (NASDAQ: SAIC) will release its second quarter fiscal year 2027 results before market open on Monday, August 31, 2026. Executive management will review operational and financial results on a webcast-only conference call at 10:00 a.m. EDT, with slides and an on-demand replay available via SAIC’s Investor Relations website.
SAIC (NASDAQ: SAIC) appointed David Benson and David Cush to its Board of Directors, effective August 20, 2026, increasing the board to 12 members. Both join the Audit Committee, with Benson also serving on the Human Resources and Compensation Committee and Cush on the Nominating and Corporate Governance Committee.
Benson is a former President, CFO and interim CEO of Fannie Mae, where he oversaw about $25 billion in annual revenue and roughly 8,000 employees. Cush is the former President and CEO of Virgin America and led its IPO and subsequent $4 billion acquisition by Alaska Airlines.
SAIC (NASDAQ: SAIC) announced a $400 million recompete contract to provide advanced systems engineering, technical integration and mission support services for a U.S. Intelligence Agency’s ground-based programs. This award lifts SAIC’s Intel Space market contract wins to over $1.6 billion in the first half of fiscal 2027.
SAIC (NASDAQ: SAIC) received a new $70 million, cost-plus-fixed-fee task order from the U.S. Navy’s Naval Surface Warfare Center Crane Division Radar Technologies Division. SAIC will provide advanced technical skills, analysis, engineering studies, modeling and simulation for radar systems supporting surface, air and maritime missions.
The company will deliver full lifecycle development and sustainment for radar, RF and microwave systems, including major platforms such as SPS-48E/49, SPQ-9B, SPS-67, MK-99, SPY-1, SPY-6 and G/ATOR. The task order has a one-year base period plus four one-year options, for a total potential duration of five years.
SAIC (NASDAQ: SAIC) received a leading position on the U.S. Air Force’s ABMS Digital Infrastructure Network Developer multiple-award contract, with an estimated value of $192 million. SAIC will design, develop, and deploy key elements of the DAF Battle Network to support CJADC2.
The work covers networking, C3, AI, cloud, and digital engineering across fixed, mobile, and edge environments, aiming to deliver real-time, multi-domain data to warfighters at all security levels.
SAIC (SAIC) received a follow-on $50.6 million U.S. Navy task order from Naval Undersea Warfare Center Newport to provide torpedo defense system design, modernization and sustainment services.
The work leverages digital engineering, modeling and simulation to upgrade systems including Nixie, ADCs, CRAW, EX 2, SLUAS and related Foreign Military Sales efforts.
SAIC (NASDAQ: SAIC) reported Q1 FY2027 revenues of $1.91 billion, up ~2% with 0.5% organic growth adjusted for the SilverEdge acquisition. Net income was $115 million and adjusted EBITDA $222 million (11.6% margin). Diluted EPS was $2.61; adjusted diluted EPS $3.23.
Operating cash flow reached $127 million and free cash flow $118 million. Net bookings were $2.1 billion with a book-to-bill of 1.1 and backlog of $22.9 billion. SAIC raised FY2027 guidance for adjusted EBITDA, adjusted EBITDA margin and adjusted diluted EPS, while reiterating revenue and free cash flow guidance.
SAIC (NASDAQ: SAIC) declared a cash dividend of $0.37 per share on its common stock. The dividend is payable on July 24, 2026 to shareholders of record on July 10, 2026. SAIC plans to pay dividends quarterly, subject to board approval and financial conditions.
SAIC (NASDAQ: SAIC) will release first quarter fiscal year 2027 earnings before market open on Monday, June 1, 2026. Executive management will host a 10:00 a.m. EDT webcast-only conference call for investors via the SAIC Investor Relations website, with slides and replay available.