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Science Applications International Corp. (SAIC) unveils a new strategic growth vision to enhance customer and stakeholder value. CEO Toni Townes-Whitley presents the 2024 Investor Day attendees with the company's innovative enterprise growth strategy.
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-2.2%
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Science Applications International Corp. (SAIC) has been acknowledged as a Leader in the IDC MarketScape report for U.S. National Government Professional Security Services 2024. The report emphasizes cybersecurity challenges and SAIC's expertise in addressing them.
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-1.94%
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SAIC appoints Srini Attili as executive vice president of Civilian Business Group, aiming to drive growth and innovation in the civilian market. Attili's experience in digital transformation and technology integration is expected to align with SAIC's strategic pivots and accelerate sustainable profitable organic growth.
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0.03%
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SAIC reports Q4 FY24 revenues of $1.74 billion with 7.7% organic growth and FY24 revenues of $7.44 billion with 7.4% organic growth. The company achieved Q4 FY24 net income of $39 million and adjusted EBITDA of $127 million. SAIC's FY24 net income was $477 million with adjusted EBITDA of $668 million. The company's Q4 FY24 diluted earnings per share were $0.74, adjusted diluted earnings per share were $1.43. FY24 diluted earnings per share were $8.88 with adjusted diluted earnings per share at $7.88. SAIC's Q4 FY24 cash flows provided by operating activities were $63 million, with transaction-adjusted free cash flow of $119 million. FY24 cash flows provided by operating activities were $396 million, with transaction-adjusted free cash flow of $486 million. SAIC updated its FY25 guidance to reflect higher revenue and free cash flow.
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-9.98%
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Science Applications International Corp. (SAIC) declared a cash dividend of $0.37 per share of common stock, payable on April 26, 2024, to stockholders of record on April 12, 2024. SAIC plans to continue quarterly dividends, subject to board approval and financial factors.
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-0.38%
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SAIC announces receiving $284 million in awards from the US intelligence community in early 2024, with plans to recognize $160 million in total awards in Fiscal Year 2025. The company is focusing on expanding its mission, IT, and engineering work within the community, aiming to strengthen customer relationships and deliver on mission sets. SAIC was awarded two contracts exceeding $100 million each and the first task order of a single-award indefinite delivery, indefinite quantity contract, covering data, AI, and engineering capabilities. The company's recent restructuring allows for enhanced collaboration opportunities between its intelligence community and space segments.
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-0.26%
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SAIC honors the winners of the 2024 Black Engineer of the Year Awards (BEYA) in the 'Modern Day Technology Leader' and 'Science Spectrum Trailblazer' categories. The winners, Samford Anderson, Marcus Hill, and Deja Noel, showcase exceptional achievements in STEM professions.
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SAIC secures a $444 million contract to support the U.S. Space Force's Space Systems Command and Space Launch Deltas, enhancing spaceport launch schedules and modernizing space range instrumentation.
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-0.59%
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Science Applications International Corp. (SAIC) has secured a $96 million contract from the Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) to modernize business operations. SAIC will collaborate with OUSD(R&E) to enhance data management, knowledge management, and strategic planning, aiming to improve operational efficiency and support the mission effectively.
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SAIC employees raise over $311,908 during Hunger Action Month, providing 3.1 million meals for those in need. The company's partnership with Feeding America has helped deliver 25 million meals over the past 10 years.
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Science Applications International Corporation
NYSE:SAIC
SAIC Rankings
SAIC Stock Data
6.85B
50.92M
0.86%
78.78%
1.01%
Computer Systems Design Services
Professional, Scientific, and Technical Services
United States of America
RESTON
About SAIC
saic is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. saic is redefining ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. saic’s approximately 15,000 employees are driven by integrity and mission focus to serve customers in the u.s. federal government. headquartered in mclean, virginia, saic has annual revenues of approximately $4.4 billion. for more information, visit saic.com.