SAIC Appoints AI Expert Paul Eremenko and Cybersecurity Leader Admiral Mike Rogers to Board of Directors
Rhea-AI Summary
Science Applications International Corp. (NASDAQ: SAIC) appointed Paul Eremenko and retired Navy Adm. Michael Rogers to its Board of Directors effective April 9, 2026, expanding the Board from 11 to 13 members. Both join the Audit Committee and the Technology Committee.
Eremenko brings AI, aerospace R&D, and advanced-tech leadership; Adm. Rogers adds cybersecurity, intelligence, and national security experience. The appointments are positioned to inform SAIC's federal mission alignment and innovation-led growth priorities.
Positive
- Board expands from 11 to 13 members
- Adds AI and aerospace expertise via Paul Eremenko
- Adds cybersecurity and intelligence expertise via Adm. Mike Rogers
- Both appointees join the Audit and Technology Committees
Negative
- None.
News Market Reaction – SAIC
On the day this news was published, SAIC declined 3.01%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SAIC was down 2.9% while key peers were mixed: APLD down 3.12%, PSN roughly flat, INGM and PONY slightly up. This points to a stock-specific move rather than a broad sector reaction.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 16 | Earnings results | Neutral | -1.3% | Reported FY26 results and FY27 guidance across revenue, EBITDA, EPS, and cash flow. |
| Mar 13 | Dividend declaration | Positive | +0.4% | Board declared a $0.37 quarterly cash dividend with intent to continue payouts. |
| Mar 03 | Earnings call setup | Neutral | +2.1% | Scheduled Q4 FY26 earnings release and webcast-only conference call on Mar 16. |
| Feb 26 | Federal IT contract | Positive | +5.7% | Awarded a $95M GAO contract for full-scale IT services and modernization. |
| Feb 19 | Strategic alliance | Positive | +2.8% | Launched alliance to support execution of the $50B Rural Health Transformation Program. |
Recent news has generally been met with modestly positive price reactions, especially around contracts and strategic initiatives, while earnings drew a slight pullback.
Over the last two months, SAIC has reported Q4 and full-year FY26 results with FY26 revenue of $7.26B and adjusted diluted EPS of $10.75, issued FY27 guidance, and declared a quarterly dividend of $0.37 per share. It also announced a $95M GAO IT contract and launched an alliance tied to a $50B rural healthcare program. Those items drew mostly positive single‑digit price moves, framing today’s board additions within an ongoing mix of earnings, capital returns, and federal-focused growth initiatives.
Market Pulse Summary
This announcement adds two experienced leaders in AI, aerospace, cyber operations and national security to SAIC’s Board, expanding it from 11 to 13 members and strengthening the Audit and Technology Committees. In the context of recent earnings, federal contract wins, and strategy around innovation-led growth, investors may watch how these directors influence technology investments, cybersecurity capabilities, and alignment with federal mission priorities over coming years.
Key Terms
agentic AI technical
cybersecurity technical
quantum computing technical
signals intelligence technical
cryptology technical
equity compensation financial
tax-withholding dispositions financial
AI-generated analysis. Not financial advice.
RESTON, Va., April 09, 2026 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) today announced that Paul Eremenko and retired Navy Adm. Michael Rogers have been appointed to its Board of Directors effective immediately. Both will become members of the Audit Committee and the Technology Committee of the Board. Their addition expands the SAIC Board from 11 to 13 members.
Eremenko is currently the CEO and Co-Founder of P-1 AI, a company focused on developing agentic AI for complex systems engineering. His expertise in AI, aerospace research and development, and managing advanced technology organizations position him as a pioneer in driving technological transformation and the ability to provide the Board with crucial insights that will guide strategic decisions.
Adm. Rogers retired in 2018 as a four-star Navy officer after concurrently serving from 2014 to 2018 as both National Security Agency (NSA) Director and Commander of U.S. Cyber Command. Since 2019, he has served as Senior Advisor to the Brunswick Group. His leadership in cybersecurity, intelligence, defense technology, digital innovation, AI, and quantum computing make him uniquely qualified to provide vital insights and governance to the Board.
“I welcome Paul Eremenko and Admiral Mike Rogers to the SAIC Board as we advance our strategy to align investments to federal mission priorities while also driving innovation-led growth and shareholder value,” said Donna Morea, SAIC Board Chair. “Their expertise in technology, AI, cybersecurity, and intelligence will be invaluable in accelerating the critical missions of our customers.”
More about Paul Eremenko
Eremenko brings extensive experience across private, public, government and military sectors to the Board. From 2018 to 2019, he was Senior Vice President and Chief Technology Officer (CTO) at United Technologies Corporation, leading 30,000 engineers and contributing to a merger that formed Raytheon Technologies. From 2020 to 2024, he was CEO of Universal Hydrogen Co., operating the world’s largest fuel cell-powered passenger airliner.
He also previously worked as CTO of Airbus SE, founding CEO of ACubed (Airbus' Silicon Valley innovation center), and served on Airbus Ventures' investment committee. He was Director of Engineering at Google’s Advanced Technology and Projects group (including Motorola Mobility). At the Defense Advanced Research Projects Agency (DARPA), an independent research and development agency within the-then U.S. Department of Defense (now Department of War), he was Deputy Director and Acting Director of the Tactical Technology Office, an effort that earned him the Distinguished Public Service Medal.
Eremenko currently serves on the Board of Directors of Eve Holding Inc. He earned his undergraduate and master’s degrees in aeronautics from the Massachusetts Institute of Technology and California Institute of Technology, respectively. He also holds a Juris Doctor degree from Georgetown University.
More about Adm. Mike Rogers
Adm. Rogers brings more than 37 years of experience and expertise in military operations, cyber operations, intelligence, advanced technology, national security, and the defense of U.S. military networks. He became a Navy flag officer in 2007 and served as Director of Intelligence for U.S. Indo-Pacific Command and the Joint Staff from 2007 to 2011. From 2011 to 2014, he led U.S. Fleet Cyber Command and U.S. Tenth Fleet. Prior to becoming a flag officer, he held numerous assignments from 1981 to 2007 in maritime operations, cryptology, intelligence, and joint operations both afloat and ashore around the world.
Concluding his military career as the NSA Director and Commander of U.S. Cyber Command (2014-2018), Adm. Rogers led the nation’s premier signals intelligence organization and the unified command responsible for defending U.S. military networks and conducting cyber operations worldwide. He advised the President, Secretary of Defense, Director of National Intelligence, and Congressional leaders on cyber threats.
Adm. Rogers holds a bachelor’s business degree from Auburn University, a master’s degree in national security from National Defense University graduating with highest distinction and is a graduate (with distinction) of the U.S. Naval War College. He is also a MIT Seminar XXI fellow and a Harvard University Senior Executive in National Security alum.
About SAIC
SAIC® is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services, and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.
We are approximately 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately
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Investor Relations Contact:
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