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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.
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Science Applications International Corp. (SAIC) has secured an $889 million contract from the Federal Systems Integration and Management Center (FEDSIM) to support the Defense Counterintelligence and Security Agency (DCSA) in its One IT modernization initiative. This contract aims to transform DCSA’s IT infrastructure by enhancing efficiency and security.
SAIC, as the prime contractor, will provide comprehensive IT services, including cloud readiness, cybersecurity, and application development. The project includes one base year and four optional extensions, reflecting a significant commitment to advancing DCSA's IT capabilities.
SAIC has entered into a strategic partnership with GomSpace Group AB to provide space-based mission capabilities for government and commercial customers across the Americas. This collaboration combines SAIC's engineering and integration capabilities with GomSpace's spacecraft technology, aiming to deliver advanced CubeSat and SmallSat systems. SAIC will serve as the exclusive U.S. integrator for GomSpace satellites and a licensed product distributor. The partnership was formalized with a Memorandum of Understanding signed at the Space Symposium in Colorado Springs on April 18, 2023. Both companies have made significant investments in space capabilities, with SAIC building a Space Systems Development Center in Charleston, South Carolina, to enhance payload and satellite integration.
SAIC has announced its ongoing partnership with Building Homes for Heroes (BHH) since 2013, donating 13 mortgage-free homes to veterans and raising over $500,000. This year, SAIC is honored to support three new veteran recipients: U.S. Army Sergeant Alberto Montrond, Air Force Technical Sergeant Rahmeka Hopkins, and Navy Petty Officer Second Class Anthony Thompson. Employee volunteers actively participate in the initiative, contributing both time and funds.
SAIC emphasizes its commitment to veterans through these efforts, reinforcing its identity as a technology integrator with annual revenues of approximately $7.7 billion and a workforce of around 25,000 employees.
Science Applications International Corp (SAIC) is hosting a live discussion on energy and climate policy, coinciding with Earth Day. The event will feature Steve Ambrose, SAIC's chief climate scientist, and Pari Kasotia, senior director at Distributed Solar Development (DSD) Renewables. Key discussion topics include:
- Cost and incentives for renewable energy
- Government actions towards wind and solar energy
- The Biden Administration's Net Zero by 2050 goal
- Environmental justice in climate legislation
This initiative reflects SAIC's commitment to addressing the impacts of climate change and aligns with the broader national dialogue on renewable energy solutions.