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 Corp (NYSE: SAIC) delivers mission-critical technology integration and IT solutions for U.S. government agencies. This page provides investors and stakeholders with direct access to SAIC's latest news, including press releases, financial updates, and strategic developments.
Key resources include: Earnings reports, federal contract awards, cybersecurity initiatives, and leadership updates. Track SAIC's progress in defense modernization, digital transformation projects, and systems engineering innovations through verified primary sources.
All content is organized chronologically for quick reference, with clear sourcing and publication dates. Bookmark this page to monitor SAIC's evolving role in national security infrastructure and enterprise IT solutions.
Building Homes for Heroes, along with partners SAIC (NASDAQ: SAIC) and Amazon Web Services, announced they will pay off the mortgage for the family of fallen U.S. Army Special Forces Sergeant Major Anders Johansson, who died in a vehicle accident on December 26, 2024. The announcement came during the inaugural National Capital Classic golf fundraiser, which raised over $300,000 for the organization.
The mortgage payoff will provide financial stability for Johansson's wife Sarah and their four children, including a 16-year-old son who was critically injured in the accident. Sergeant Major Johansson served nearly 22 years in the military, earning multiple awards including a Silver Star, Legion of Merit, eight Bronze Stars, and a Purple Heart. Building Homes for Heroes aims to construct and gift up to 50 homes in 2025, assist 5,000 veterans and first responders, and reach their 500th home gift milestone by 2026.
SAIC has secured a new $55 million contract from the Space Development Agency (SDA) for the Proliferated Warfighter Space Architecture (PWSA) Tranche 3 Program Integration. The five-year contract, starting May 1, 2025, focuses on integrating multiple space layers, ground segments, and operational users for enhanced warfighter capabilities.
The PWSA constellation will provide global communications access, missile defense, augmented Position, Navigation and Timing, and 24/7 target custody. SAIC will manage enterprise requirements, schedule, engineering, technical reviews, and risk assessment. This builds on SAIC's existing work with SDA on the Battle Management Command, Control and Communications program.
SAIC and Bluescape have formed a strategic partnership to deliver a secure collaborative operations platform for government agencies. The alliance will provide Department of Defense, space, intelligence, and civilian agencies with an unlimited virtual workspace that meets FedRAMP Moderate+ and DoD IL4/IL5 security standards.
The platform enables dispersed teams to share, organize, and interact with critical intelligence, creating a common operating picture for enhanced mission planning. Key features include secure information exchange, mission application integration, and joint content production capabilities. The solution maintains persistent workspaces, allowing information and actions to remain intact after meetings.
This partnership combines Bluescape's secure insight platform with SAIC's mission-oriented delivery, addressing complex national security challenges while supporting large-scale government organizations with simultaneous user onboarding capabilities.
SAIC (NASDAQ: SAIC) has appointed Kathleen McCarthy as the new Executive Vice President and Chief Human Resources Officer, effective May 12, 2025. McCarthy will report to CEO Toni Townes-Whitley and lead human resources initiatives, employee engagement strategies, and talent acquisition operations.
McCarthy joins from GE Aerospace, where she served as CHRO for the Defense & Systems business. Her previous roles include CHRO positions at GE Aviation and GE Digital, where she led the business to profitability and shaped its Industrial Internet of Things vision. She also held executive positions at American Express as SVP and Chief Talent Officer, and at Thomson Reuters leading talent management.
A recognized industry leader, McCarthy is a member of World 50, G100, and The Learning Forum's Executive Council Network. She has served on the CEB Talent Management advisory board and is a frequent speaker on talent development.
SAIC (NASDAQ: SAIC) has launched ReadyOne™ Foundational, a commercial-grade digital engineering ecosystem solution now available on AWS Marketplace. This cloud-based platform is designed to meet Department of Defense (DoD) Instruction 5000.97 requirements and government customer needs.
The solution features a built-in digital thread accelerator that unifies data, tools, and teams in real-time through a configurable, turnkey approach. Key benefits include:
- Pre-loaded data-models, software tools, and connectors
- Tool-agnostic digital thread architecture powered by Aras Innovator
- Elimination of vendor lock-in
- Flexible deployment options including cloud-to-cloud or on-premises delivery
The platform enables organizations to transition from traditional document-based engineering to model-based techniques with digitally connected data, promoting transparent and secure collaboration while increasing mission effectiveness and reducing lifecycle costs.
SAIC reported strong Q4 FY25 results with revenues of $1.84 billion, showing 5.8% organic growth. Full fiscal year 2025 revenues reached $7.48 billion with 3.1% organic growth. Q4 net income was $98 million with adjusted EBITDA of $177 million (9.6% of revenue), while FY25 net income totaled $362 million with adjusted EBITDA of $710 million (9.5% of revenue).
Q4 highlights include diluted EPS of $2.00 ($2.57 adjusted) and operating cash flow of $115 million. The company secured Q4 net bookings of $1.3 billion with a book-to-bill ratio of 0.7. Notable post-quarter achievements include winning a $1.8 billion System Software Lifecycle Engineering contract. The company's backlog stands at approximately $21.9 billion, with $3.4 billion funded.
SAIC (NASDAQ: SAIC) has announced a quarterly cash dividend of $0.37 per share, scheduled for payment on April 25, 2025. Stockholders must be on record by April 11, 2025 to receive this dividend. 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.
SAIC (NASDAQ: SAIC) and Defense Unicorns have announced a strategic partnership to enhance software delivery capabilities for the Department of Defense (DoD). The collaboration centers on integrating Defense Unicorns' Unicorn Delivery Service (UDS) into SAIC's existing software ecosystem.
The partnership aims to address critical challenges in DoD software deployment, including fragmented processes, prolonged integration timelines, and inconsistent security standards. By implementing UDS as the standard delivery platform, the partnership promises to:
- Reduce software delivery timelines from months to weeks or days
- Provide secure, repeatable, and portable solutions
- Streamline deployment across cloud, on-premises, and tactical edge environments
- Automate deployment and accelerate compliance
SAIC brings 50 years of technology integration experience to scale UDS across complex defense programs, while Defense Unicorns contributes its automated software delivery expertise.
SAIC (NASDAQ: SAIC) has announced its upcoming fourth quarter fiscal year 2025 earnings release and conference call schedule. The company will release its financial results before market open on Monday, March 17, 2025, followed by 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 the Investors Relations section of SAIC's website. No dial-in access will be provided, but the company will make a supplemental presentation available on their website. An on-demand audio replay of the webcast will be accessible through the SAIC Investors Relations website after the call concludes.
SAIC has released its 2024 Corporate Responsibility Highlights focusing on sustainability achievements and goals. The company has reduced its carbon emissions by over 41% since 2019 and decreased electricity usage by 7% in 2023. Key initiatives include responsible procurement, e-waste management, and paper-saving practices.
The company is working towards diverting 50% of waste from landfills by 2025 and exploring renewable energy opportunities. SAIC partners with NASA to monitor Earth's conditions and with NOAA to track ocean health and provide tsunami warnings through deep-sea sensors. Their sustainability efforts combine daily operational improvements with innovative solutions for environmental challenges.