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 (SAIC) (NASDAQ: SAIC) is a Fortune 500 mission integrator and technology company serving defense, space, intelligence, and civilian customers. This news page aggregates company announcements, contract awards, earnings updates, and strategic developments that shape the SAIC stock story.
Recent SAIC news highlights include major U.S. government contracts and organizational changes. The company has reported awards such as the COBRA (Collaborative Operations for Battlespace Resilient Architecture) task order supporting multi-domain command and control, and a contract from the Naval Undersea Warfare Center to operate, maintain, and upgrade propulsion test facilities for undersea weapons and vehicles. SAIC has also announced collaborations, such as its partnership with HavocAI to connect autonomous maritime fleets to joint command and control infrastructure using its Joint Range Extension system.
Investors and observers can follow SAIC’s quarterly earnings releases, where the company reports revenues, margins, bookings, backlog, and cash flow metrics, along with commentary on program performance and capital deployment, including share repurchases and dividends. News items also cover leadership changes, including the appointment of an interim Chief Executive Officer and a Chief Growth Officer, and organizational restructuring intended to simplify the company’s structure and sharpen its focus on growth and shareholder value creation.
Additional coverage includes announcements about acquisitions, such as the agreement to acquire SilverEdge Government Solutions to expand mission-focused, IP-based solutions and commercial products for national security missions. By reviewing this news feed, readers can track how SAIC’s mission IT, enterprise IT, engineering services, and professional services evolve across defense, space, civilian, and intelligence markets over time.
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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.
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