Science Applications Intl Corp Stock Price, News & Analysis

SAIC (NASDAQ: SAIC) has secured a $202 million contract from the U.S. Navy to continue providing comprehensive training solutions for the Fleet Deployment Training Program. The contract includes a 10-month base period with four one-year options and a six-month extension option.

The company will deliver training and readiness support across 19 different headquarters and training commands, encompassing academic instruction, live exercises, and synthetic training events. SAIC's support includes Fleet Synthetic Training and Live, Virtual, and Constructive (LVC) environments, covering the entire Fleet Training Continuum from Basic Phase to Advanced Phase certifications.

SAIC (NASDAQ: SAIC) has announced a strategic alliance with Google Public Sector to implement "AI at the Edge" solutions using Google Distributed Cloud. The multi-year partnership combines SAIC's defense, intelligence, and civilian sector expertise with Google Cloud's AI and machine learning capabilities.

Key initiatives include deploying tactical edge solutions, secure AI implementations, and rapid data insights. SAIC aims to train 1,000 personnel in Google Cloud technologies, with Google providing a dedicated Learning Consultant for certification support.

The collaboration will enable real-time data processing, enhanced operational efficiency, strengthened security compliance, and accelerated innovation for government clients through Google Distributed Cloud's infrastructure.

SAIC (NASDAQ: SAIC) has announced the launch of eligibilityNOW, a comprehensive claims management solution developed in partnership with Xerox. The AI-powered platform is designed to revolutionize government benefits claims processing by improving speed and accuracy for adjudicators.

The solution combines Xerox Intelligent Data Processing and SAIC's Intelligent Document Management to digitize, validate, route, and securely store claims data in the cloud. Targeting organizations like the Department of Veterans Affairs and Department of Health and Human Services, eligibilityNOW aims to address critical eligibility backlogs and streamline the benefits claims lifecycle.

SAIC (NASDAQ: SAIC), the nation's leading mission integrator, has appointed David Urban to its Board of Directors, effective September 15, 2025. Urban, a former senior advisor to President Trump and political strategist, brings extensive experience in government, military, legal, and public sectors.

Urban will serve on the Board's Audit Committee, expanding SAIC's Board from eleven to twelve members. He currently serves as Managing Director at BGR Group, Of Counsel at Torridon Law, and Senior Political Commentator for CNN. His experience includes advising major companies like Lockheed Martin, Zoom, Comcast, and ByteDance on public policy, strategic communications, corporate governance, and risk management.

SAIC (NASDAQ: SAIC) has announced a strategic collaboration with ServiceNow to launch a new government risk reduction effort (RRE) offering for mission operations. The partnership integrates ServiceNow's AI Platform into SAIC's mission labs to help U.S. armed forces, intelligence, and civilian agencies transform their IT risk management.

The collaboration aims to achieve zero outages, downtime, or incidents through real-time intelligence, issue prediction, and process automation. SAIC, as ServiceNow's Elite partner, currently leads the largest federal implementation through the Army Enterprise Service Management Platform (AESMP), demonstrating its capability to deliver enterprise-scale solutions.

SAIC (NASDAQ: SAIC) has secured a significant $928 million contract from the U.S. Air Force Tactical Exploitation of National Capabilities (AF TENCAP). The HOPE 2.0 contract, spanning five years starting July 2025, focuses on prototype engineering and mission integration services.

The company will provide comprehensive Research, Development, Test, and Evaluation services to create near program-ready prototypes, leveraging advanced commercial technologies for improved warfighting capabilities. Key focus areas include sensor and data fusion, command and control improvements, and innovative cyberspace capabilities, supporting 65 agencies and commands across the DoD and Intelligence Community.

SAIC reported Q1 FY2026 results with revenues of $1.88 billion, representing 2% growth year-over-year. The company achieved net bookings of $2.4 billion with a book-to-bill ratio of 1.3. Net income was $68 million, down 12% YoY, while adjusted EBITDA reached $157 million (8.4% of revenues). Diluted EPS was $1.42, and adjusted diluted EPS remained stable at $1.92. Notable contract wins included a $1.8B U.S. Army contract and a $327M Pension Benefit Guaranty Corporation deal. Management reaffirmed FY2026 guidance with expected revenue of $7.60B-$7.75B and adjusted EBITDA of $715M-$735M. The company deployed $152M in capital, including $125M in share repurchases and declared a quarterly dividend of $0.37 per share.

Science Applications International Corp (SAIC) has announced a quarterly cash dividend of $0.37 per share, payable on July 25, 2025, to stockholders of record as of July 11, 2025. The company has expressed its intention to maintain quarterly dividend payments, though future declarations will be subject to board approval and various factors including earnings, financial condition, and capital requirements. This regular dividend announcement demonstrates SAIC's commitment to providing consistent shareholder returns.

SAIC (NASDAQ: SAIC) has announced it will release its first quarter fiscal year 2026 earnings results before market open on Monday, June 2, 2025. The company will host a conference call at 10:00 a.m. Eastern time where executive management will discuss operational and financial results.

The conference call will be accessible via webcast through SAIC's Investor Relations website section. No dial-in access will be provided. A supplemental presentation will be available on the website, and an on-demand audio replay of the webcast will be accessible after the call concludes.