Science Applications Intl Corp Stock Price, News & Analysis

Science Applications International Corp. (SAIC) is set to announce its fourth quarter and full fiscal year 2022 results on March 28, 2022, before market open. A conference call discussing operational and financial results will follow at 10:00 a.m. EDT, available via webcast only. With a pro forma annual revenue of approximately $7.1 billion, SAIC is recognized for its technology integration across defense, space, civilian, and intelligence markets. The company emphasizes a commitment to diversity and inclusion as part of its corporate values.

Science Applications International Corp. (SAIC) has collaborated with Yale School of Nursing to fund research aimed at improving access to vaccines in minority and rural communities. The study, commissioned in February 2021 and completed in December 2021, identifies strategies to combat vaccine hesitancy and enhance distribution. It emphasizes the need for technology and supply chain modernization to ensure that vaccines are delivered equitably. Recommendations include mobilizing community leaders and simplifying registration processes.

Science Applications International Corp. (SAIC) secured $410 million in contract awards for Q4 FY 2022, totaling $2 billion for the fiscal year. The awards primarily focus on digital and systems engineering and data analytics, showcasing SAIC's commitment to innovative solutions in the National Security and Space sector. With annual revenues around $7.1 billion, SAIC continues to emphasize integrated solutions driven by advanced technologies to meet customer needs.

Science Applications International Corp. (NYSE: SAIC) will participate in the Cowen 43rd Annual Aerospace/Defense and Industrials Conference on February 8, 2022, from 3:10 to 3:50 p.m. ET. CFO Prabu Natarajan will engage in a moderated Q&A session. A live audio webcast will be accessible via SAIC's Investor Relations website and will be available for replay for 90 days.

Science Applications International Corp. (NYSE: SAIC) has appointed Jon Rucker as senior vice president of its Army Business Unit, managing a portfolio worth approximately $1.2 billion annually. Rucker brings extensive experience from previous roles at CACI and Lockheed Martin, focusing on strategy and business development for a diverse range of Army customers. His leadership aims to enhance SAIC's growth and capabilities in the defense sector, leveraging his strong relationships in U.S. federal agencies. Rucker's educational background includes degrees in Aerospace Engineering, Electrical Engineering, and an MBA.

Science Applications International Corp. (SAIC) has secured prime contract positions on the GSA ASTRO multiple-award contracts, being one of only six companies to win all ten contracts. This strategic addition enhances SAIC's portfolio accessible to federal government customers, particularly in supporting manned and unmanned systems for defense. The contracts, with a potential duration of ten years, cover various scopes such as data operations, mission operations, and research, with no defined ceiling value.

SAIC has launched Rugged Apps™, providing secure versions of commercial mobile applications for government customers. This initiative aims to protect against cybersecurity vulnerabilities in popular apps by ensuring NIAP compliance. The first app available is Avenza Maps Pro, designed for advanced geographic information needs. Additionally, SAIC recently held a Rugged Apps Mobile Challenge, awarding $25,000 to the winner, HighSide. This development supports SAIC’s strategy to enhance security solutions for military and federal agencies.

Science Applications International Corp. (SAIC) has secured a $99 million contract from the U.S. Air Force for the WESTAR program to enhance weapon system development. This five-year contract focuses on multi-spectral and multi-modal modeling capabilities, crucial for advancing munitions technology. Since 2000, SAIC has been collaborating with the Air Force Research Laboratory in this domain. The initiative aligns with the Air Force's AF Vision 2030 strategy, emphasizing innovative approaches to complex weapon systems.