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 provides technical, engineering, mission IT, enterprise IT and professional services primarily for U.S. government customers. The company operates across defense, space, civilian and intelligence markets, with work that includes secure technology integration, infrastructure modernization, systems sustainment, mission assurance and support for critical national-security and civil-agency operations.
SAIC news commonly covers federal contract awards and task orders, program support for agencies such as the U.S. Navy, NASA and the Government Accountability Office, quarterly and annual financial results, dividends, board and executive changes, and community initiatives connected to veterans and military families.
SAIC (Nasdaq: SAIC) announced that Director James Reagan has been appointed Interim CEO, effective October 23, 2025, succeeding Toni Townes-Whitley.
Mr. Reagan has nearly two decades of senior defense and government services leadership, served as Executive VP & Chief Financial Officer at Leidos, previously held CFO roles at Vencore, PAE and other firms, and has been a SAIC board member since January 2023. The Board now comprises 11 directors, 10 independent.
The company reaffirmed fiscal year 2026 guidance originally provided on September 4, 2025, while warning a prolonged federal government shutdown could impair its ability to achieve that guidance.
Skydio (partnered with SAIC, NASDAQ: SAIC) was awarded a $7.9M contract on October 14, 2025 to deliver X10D small unmanned aircraft systems under the U.S. Army Short Range Reconnaissance (SRR) Tranche 2 Low-Rate Initial Production contract.
This award extends a multi-year SRR partnership and brings Skydio's FY25 program support on SRR Tranche 2 to $12.3M. The X10D is described as a modular, resilient tactical ISR sUAS with a 48MP telephoto camera, Teledyne FLIR Boson+ thermal sensor, advanced onboard AI for navigation and EW resiliency, IP55 rating, and inclusion on the Blue UAS Cleared List.
All Skydio drones are designed and manufactured in the United States, including a large facility in Hayward, CA.
Science Applications International Corp (NASDAQ: SAIC) agreed to acquire SilverEdge Government Solutions for $205 million in cash from Godspeed Capital.
SilverEdge supplies cybersecurity, software, data analytics, and intelligence solutions, including a SaaS suite SOAR and an agentic AI product MynAI for secured government environments. The deal is intended to add IP-based, commercial-grade products, cleared personnel, and SaaS capabilities to SAIC’s mission integrator portfolio to accelerate real-time mission solutions.
The transaction is subject to customary closing conditions and is expected to close in Q3 FY2026.
SAIC (NASDAQ: SAIC), a Fortune 500 technology integrator, has announced the pricing of $500.0 million in senior notes due 2033 with a 5.875% interest rate. The notes were priced at 100% of their principal amount and will be senior unsecured obligations of the company.
The offering is expected to close on September 25, 2025. SAIC plans to use the proceeds to repay its revolving credit facility debt, cover offering expenses, and fund general corporate purposes, including working capital, growth initiatives, and potential strategic projects.
The notes will be offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.
SAIC (NASDAQ: SAIC), a Fortune 500 technology integrator, has announced plans to offer $500.0 million in senior notes due 2033. The offering will be made to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.
The company plans to use the proceeds to repay existing revolving credit facility debt, cover offering expenses, and fund general corporate purposes, including working capital, growth initiatives, and potential strategic projects. The notes and related guarantees have not been registered under the Securities Act and will be subject to certain registration exemptions and restrictions.
SAIC (NASDAQ: SAIC) reported Q2 FY2026 results with revenues of $1.77 billion, representing a 3% year-over-year decline. Despite lower revenues, the company achieved improved profitability with net income of $127 million (up 57%) and adjusted EBITDA margin of 10.5%. Net bookings were strong at $2.6 billion with a book-to-bill ratio of 1.5.
The company secured several major contract wins, including a $928 million U.S. Air Force HOPE 2.0 contract and a $728 million Treasury Department cloud services task order. However, due to slower on-contract growth and delayed new business awards, SAIC lowered its FY2026 revenue guidance to $7.25-7.33 billion from $7.60-7.75 billion, while increasing its adjusted EPS guidance to $9.40-9.60.
SAIC (NASDAQ: SAIC) has announced a quarterly cash dividend of $0.37 per share of common stock. The dividend will be payable on October 24, 2025, to stockholders of record as of October 10, 2025.
The company has expressed its intention to continue its quarterly dividend payments, though future declarations will be subject to board approval and dependent on factors including earnings, financial condition, and capital requirements.
SAIC (NASDAQ: SAIC) has announced it will release its second quarter fiscal year 2026 financial results before market open on Thursday, September 4, 2025. The company will host a conference call at 10:00 a.m. Eastern time to discuss the results.
The earnings conference call will be accessible via webcast through SAIC's Investor Relations website. No dial-in option will be available, but investors can access a supplemental presentation and an on-demand audio replay after the call through the same platform.
Radiance Technologies has appointed former SAIC CEO Tony Moraco to its Board of Directors. During his tenure at SAIC (2013-2019), Moraco led the company through significant transformation, including the separation of a $10 billion entity into Leidos Corporation and SAIC, growing the latter's revenue from $4 billion to $6.5 billion through strategic acquisitions.
Moraco brings extensive expertise in national security, space systems, cybersecurity, and government contracting. He currently serves on the board of Curtiss-Wright Corporation (NYSE: CW) and holds advisory roles with AEA Investors and GLG. His appointment comes as Radiance Technologies aims to accelerate its growth in the defense and national security sectors.
SAIC (NASDAQ: SAIC) has secured a $202 million contract from the U.S. Navy to continue providing comprehensive training solutions for the Fleet Deployment Training Program. The contract includes a 10-month base period with four one-year options and a six-month extension option.
The company will deliver training and readiness support across 19 different headquarters and training commands, encompassing academic instruction, live exercises, and synthetic training events. SAIC's support includes Fleet Synthetic Training and Live, Virtual, and Constructive (LVC) environments, covering the entire Fleet Training Continuum from Basic Phase to Advanced Phase certifications.