Science Applications Intl Stock Price, News & Analysis

Science Applications International Corporation (SAIC) (NASDAQ: SAIC) is a Fortune 500 mission integrator and technology company in the professional, scientific, and technical services sector. Operating within the computer systems design services industry, SAIC focuses on advancing the power of technology and innovation to serve and protect national interests across the defense, space, intelligence, and civilian markets. The company trades on the Nasdaq Stock Market under the symbol SAIC.

SAIC describes itself as a mission integrator, bringing together secure high-end solutions in mission IT, enterprise IT, engineering services, and professional services. According to company disclosures, it integrates emerging technology rapidly and securely into mission critical operations that modernize and enable critical national imperatives. This role positions SAIC as a key contractor for U.S. government customers, particularly in areas tied to national security and federal missions.

Business focus and customer markets

Based on its public statements, SAIC’s portfolio spans four primary customer markets: defense, space, civilian, and intelligence. The company highlights work across the Department of Defense (referred to in some releases as the Department of War), the Intelligence Community, and federal, state, and local civilian agencies. It provides technical, engineering, and enterprise IT services mainly to the U.S. government, aligning with its classification in computer systems design services.

SAIC has described two reportable segments in prior disclosures: a Defense and Intelligence segment and a Civilian segment. The Defense and Intelligence segment provides national security solutions to the U.S. Department of Defense and the Intelligence Community, while the Civilian segment serves federal, state, and local governments. The company has also announced an internal reorganization that consolidates its operating structure into three business groups: Army Navy (ANG), Air Force, Space and Intelligence (AFSI), and Civilian.

Mission IT, enterprise IT, and engineering services

SAIC states that it offers secure high-end solutions in mission IT and enterprise IT, along with engineering and professional services. Its work includes design, development, integration, deployment, management and operations, sustainment, and security of customer IT infrastructure, as described in prior company descriptions. Recent contract announcements highlight activities such as providing engineering services for multi-domain command and control architectures, operating and modernizing specialized test facilities, and supporting digital transformation for defense and intelligence customers.

Examples from recent awards include a task order to support collaborative operations for battlespace resilient architecture, where SAIC will provide engineering services and digital engineering to help modernize systems across the Combined Joint All-Domain Command and Control ecosystem. Another contract with the Naval Undersea Warfare Center involves operating, maintaining, and upgrading propulsion test facilities that support undersea weapons, vehicles, and sensors, along with engineering and technical services such as prototyping and systems integration.

Role as a mission integrator

Across its disclosures, SAIC emphasizes its role integrating emerging technologies into mission environments. The company notes that it brings commercial-grade technologies and IP-based solutions into government settings, particularly for national security missions. Its acquisition of SilverEdge Government Solutions, described as a provider of mission-driven technology solutions and products with capabilities in digital transformation, generative artificial intelligence, and data analytics, is presented as supporting SAIC’s strategy to provide mission-focused, IP-based solutions and commercial products to government customers.

SAIC also highlights partnerships that extend its mission integration capabilities. For example, a collaboration with HavocAI aims to connect autonomous maritime fleets to joint command and control infrastructure using SAIC’s Joint Range Extension system, which extends the range and interoperability of Link 16 tactical data links. This type of work illustrates how SAIC positions itself at the intersection of communications, data integration, and operational technology for defense customers.

Capital structure and financing activities

Public filings show that SAIC uses a mix of credit facilities and senior notes to finance its operations and growth. The company has entered into amendments to its credit agreement to establish a senior secured term loan A facility and a revolving credit facility, both maturing in 2030, and has issued senior notes due 2033. These facilities are secured by substantially all of the assets of the company and its wholly owned domestic subsidiaries and include customary covenants and events of default. The company has stated that proceeds from these financings are used to refinance existing debt, pay related fees and expenses, and support general corporate purposes, including working capital and potential strategic projects and transactions.

Corporate structure and governance

Science Applications International Corporation is incorporated in the United States and lists its common stock, with a par value of $0.0001 per share, on the Nasdaq Stock Market under the trading symbol SAIC. SEC filings indicate that the company’s domestic subsidiaries guarantee certain of its credit facilities and senior notes. The company has reported changes in executive leadership, including the appointment of an interim Chief Executive Officer and a Chief Growth Officer, as well as board-level changes such as the appointment of new directors.

Scale and workforce

In multiple press releases, SAIC states that it is a Fortune 500 company with approximately 24,000 employees. The company describes its workforce as driven by mission and focused on serving defense, space, civilian, and intelligence customers. SAIC reports annual revenues of approximately $7.5 billion in its public communications, underscoring its scale as a large government technology and services contractor.

Industry classification and stock information

SAIC operates in the computer systems design services industry within the professional, scientific, and technical services sector. Its primary exchange listing is on the Nasdaq Stock Market, and its securities registered under Section 12(b) of the Securities Exchange Act of 1934 include its common stock. Investors follow SAIC for exposure to U.S. government technology, engineering, and IT services, particularly in defense and intelligence-related missions.

FAQs about Science Applications International Corporation (SAIC)

• What does Science Applications International Corporation do?
  SAIC describes itself as a Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect the world. It provides secure high-end solutions in mission IT, enterprise IT, engineering services, and professional services to defense, space, civilian, and intelligence customers.
• Who are SAIC’s primary customers?
  According to company statements, SAIC mainly serves the U.S. government, including the Department of Defense (also referred to as the Department of War in some releases), the Intelligence Community, and civilian agencies at the federal, state, and local levels.
• How is SAIC organized?
  SAIC has reported two reportable segments: Defense and Intelligence, and Civilian. It has also announced an organizational restructuring that consolidates its business groups into Army Navy (ANG), Air Force, Space and Intelligence (AFSI), and Civilian to align operations with customer markets.
• What types of services does SAIC provide?
  The company states that it offers services spanning the design, development, integration, deployment, management and operations, sustainment, and security of customer IT infrastructure, along with mission IT, enterprise IT, engineering services, and professional services.
• What is SAIC’s role in national security and defense?
  SAIC highlights a diverse portfolio of national security solutions for the Department of Defense and the Intelligence Community. Recent awards include contracts supporting multi-domain command and control, undersea weapons testing facilities, and intelligence-related engineering and technical services.
• Where is SAIC headquartered?
  Company press releases state that SAIC is headquartered in Reston, Virginia.
• On which exchange does SAIC stock trade and what is the ticker?
  SAIC’s common stock is listed on the Nasdaq Stock Market under the ticker symbol SAIC.
• How large is SAIC in terms of revenue and workforce?
  In its public communications, SAIC reports annual revenues of approximately $7.5 billion and a workforce of about 24,000 employees.
• What recent strategic moves has SAIC disclosed?
  Recent disclosures include a definitive agreement to acquire SilverEdge Government Solutions to enhance mission-focused, IP-based solutions and commercial products, as well as organizational changes intended to simplify structure and sharpen focus on growth and shareholder value creation.
• How does SAIC finance its operations and growth?
  SEC filings show that SAIC uses senior secured credit facilities and senior notes. It has established a term loan A facility and a revolving credit facility maturing in 2030 and issued senior notes due 2033, using proceeds to refinance existing debt, pay related costs, and support general corporate purposes.