SAIC Wins $400 Million Recompete Contract with U.S. Intelligence Agency
Rhea-AI Summary
SAIC (NASDAQ: SAIC) announced a $400 million recompete contract to provide advanced systems engineering, technical integration and mission support services for a U.S. Intelligence Agency’s ground-based programs. This award lifts SAIC’s Intel Space market contract wins to over $1.6 billion in the first half of fiscal 2027.
Positive
- $400 million recompete contract with a U.S. Intelligence Agency
- Intel Space market awards exceed $1.6 billion in first half of FY27
Negative
- None.
News Explained
SAIC reports that it has been awarded—not merely invited to pursue—a
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 09 | Air Force contract | Positive | +0.8% | Air Force awarded SAIC a leading position on a digital infrastructure network contract. |
| Jun 03 | Navy task order | Positive | +1.2% | Navy awarded SAIC a follow-on torpedo defense services task order. |
| Jun 01 | Q1 FY27 earnings | Positive | +10.4% | SAIC reported quarterly results and raised selected fiscal-year profitability guidance. |
| May 29 | Cash dividend | Positive | +0.5% | The board declared a quarterly cash dividend payable to shareholders. |
| May 19 | Earnings call scheduling | Neutral | -0.7% | SAIC scheduled its first-quarter earnings release and investor conference call. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
SAIC's prior contract, earnings, and dividend announcements were followed by positive reactions, while an earnings-call scheduling notice was followed by a negative reaction.
Key Terms
recompete contract financial
systems engineering technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Supporting America’s vital Intelligence Community partners, SAIC Intel Space market contract awards surpass
RESTON, Va., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Multi-domain intelligence integration leader, Science Applications International Corporation (NASDAQ: SAIC) announced today it has been awarded a
Under this contract, SAIC provides advanced systems engineering, technical integration, and mission support services for ground-based Intelligence Community programs that ultimately deliver decisive national advantage. With trusted experience and proven ability to support programs across the Intelligence Community, SAIC was awarded this contract for its expertise in domain systems and delivering intelligence at the speed the mission requires.
“Our intelligence agencies conduct vital work every day that protect the American people,” said Vinnie DiFronzo, Executive Vice President of SAIC’s Air Force, Space and Intelligence Business Group. “We’re proud that this award reflects the sustained confidence our Intel Space partners place in SAIC to rapidly deliver integrated ground solutions in an increasingly complex threat environment. Building on our broader Q1 FY27 performance, this recompete win reinforces the strength of our Intel Space portfolio and the depth of expertise our teams bring to these critical programs.”
Due to the sensitive nature of the work, additional details regarding the customer and specific program activities are not being disclosed.
About SAIC
SAIC® is a premier 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, intelligence, and civilian 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
Media Contact:
Darryn James
publicrelations@saic.com
Forward-Looking Statements
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