Science Applications Intl Corp Stock Price, News & Analysis

SAIC has secured approximately $950 million in contract awards in the third quarter of fiscal year 2023, focusing on space and intelligence sectors. These awards include a significant project with the Missile Defense Agency for analysis efforts. The company aims to leverage its diverse capabilities including secure cloud, C5ISR, machine learning, and digital engineering, enhancing its position as a key partner for national security. With annual revenues around $7.4 billion, SAIC emphasizes its commitment to delivering innovative solutions for critical missions.

Science Applications International Corp. (SAIC) is set to release its third quarter fiscal year 2023 results on December 5, 2022, before market open. Executive management will discuss the financial results during a conference call at 10:00 a.m. ET, which will be accessible via webcast on the SAIC website. The company has annual revenues of approximately $7.4 billion and provides technology integration across various sectors including defense and intelligence. Forward-looking statements included in the release emphasize the uncertainties of future performance.

Science Applications International Corp. (NYSE: SAIC) has secured a contract worth an estimated $757 million to provide software development and management services for the U.S. Army Enterprise Service Desk (AESD). This contract allows SAIC to optimize existing operations and modernize the Army's IT systems. The company will utilize its expertise in cloud migration and software engineering to enhance IT service delivery across the Army.

SAIC continues to solidify its role as a technology integrator with projected annual revenues of $7.4 billion.

SAIC has announced a successful fundraising initiative during Hunger Action Month, raising over $350,000 to support food insecurity in the U.S. This amount equates to approximately 3.5 million meals for those in need, facilitated through their partnership with Feeding America. Notably, SAIC employees contributed over $174,000 through various fundraising activities while volunteering at local food banks. This marks a continued commitment from SAIC in addressing hunger, a challenge affecting 118.5 million households in America, particularly impacting one in ten individuals.

Science Applications International Corp. (NYSE: SAIC) has secured a $170 million contract from NASA for independent verification and validation (IV&V) services related to space systems and software. This five-year Systems and Software Assurance Services 2 (SAS2) contract will support NASA's human space exploration and various Earth and planetary science missions.

SAIC’s expertise is crucial for the success of key missions like the Perseverance Mars Rover and the Artemis Program. The contract encompasses Software Systems IV&V, Safety & Mission Assurance, and Software Assurance services.

Science Applications International Corp. (SAIC) has pledged $1.5 million to the Alabama School of Cyber Technology and Engineering (ASCTE). This investment aims to enhance STEM education and workforce development, supporting the school's initiatives in cyber technology and engineering. ASCTE, located in Huntsville, Alabama, provides free tuition and housing, focusing on hands-on learning experiences. This partnership illustrates the collaborative effort between industry and education to cultivate future leaders in technology.

Science Applications International Corp. (SAIC) has partnered with Rogue Space Systems to enhance innovations in small satellite technology. This collaboration focuses on In-Orbit Service Assembly and Manufacturing (ISAM), asset inspection, and Space Situational Awareness (SSA). SAIC will develop and integrate Rogue's orbital robots, the Orbots™, to provide these services. This partnership aims to address the rising demand for ISAM and SSA in space, particularly for both commercial and government sectors, and reinforces SAIC's commitment to supporting national priorities in the growing global space market.

Science Applications International Corp. (NYSE: SAIC) has been selected for the Advanced Battle Management System (ABMS) Digital Infrastructure Consortium to enhance multi-domain operations for the Department of the Air Force. As one of five companies involved, SAIC will collaborate to integrate state-of-the-art digital capabilities, contributing to the Department of Defense's Command and Control vision. With annual revenues of approximately $7.4 billion, SAIC aims to support military readiness and strategic decision-making, ensuring mission success.