During the corresponding time, Science Applications International Corporation recorded a revenue increase by 6.27 % year on year, sequentially revenue fell by -1.36 %. While revenue at the Science Applications International Corporation's corporate clients
for the same period Science Applications International Corporation recorded revenue increase by 6.27 % year on year, sequentially revenue fell by -1.36 %.
Science Applications International's Comment on Sales, Marketing and Customers
The company provides services to military branches including the Army, Air Force, Navy, Marines, Coast Guard, and Space Force, as well as to agencies within the Department of War, NASA, the U.S. Department of State, the Department of Justice, the Department of Homeland Security, and members of the Intelligence Community. It operates under approximately 1,700 active contracts and task orders. The company has two reportable segments: Defense and Intelligence, which delivers national security solutions to the Department of War and the Intelligence Community, and Civilian, which supports federal, state, and local governments in areas such as citizen well-being, border security, and public service missions related to travel, trade, health, and the economy. Its services encompass IT modernization, digital engineering, artificial intelligence, mission systems support, training and simulation, and ground vehicle support, covering the full IT infrastructure lifecycle from design through security. A business reorganization effective January 31, 2026, consolidated five business groups into three to simplify the organizational structure and optimize operations without affecting the reportable segments.
News about Science applications International corporation Contracts
Expanding Horizons in a Competitive Market: SAIC and Wind River s Strategic Partnership Amidst Challenging Financial LandscapeIn a dynamic landscape where technological advancement plays a crucial role in shaping the future of government operations, Science Applications International Corporation (SAIC) and Wind River have announced an expansion of their strategic partnership aimed at accelerating the development and deployment of mission-critical systems. This collaboration aims to deliver industry-leading technology solutions to government customers, fortifying their operations with cutting-edge innovations.The partnership between SAIC, a prominent player in providing technical, engineering, and enterprise...
U.S. Navy Awards SAIC $58.2 Million in Contracts to Enhance Airborne Electronic Attack Capabilities Reston, VA - The U.S. Navy has awarded Science Applications International Corporation (NASDAQ: SAIC) three contracts, totaling $58.2 million, to support various facets of the Airborne Electronic Attack (AEA) Integrated Product Team (IPT). These contracts are geared towards bolstering capabilities in the Jammer Technique Optimization (JATO) Program, the International Program, and the AEA IPT EA-18G Program.SAIC, a company renowned for delivering mission-critical solutions, will provide engineering services designed to enhance the operational effectiveness of Naval air missions. This significant financial commit...
Science Applications International Corp. (SAIC), a renowned provider of technology and engineering solutions, recently announced that it has been awarded $284 million in contracts by the United States intelligence community in the early months of 2024. This significant expansion into mission, IT, and engineering work within the national intelligence community highlights SAIC s commitment to bolstering national security efforts. Despite a slight dip in overall revenue, these substantial contracts affirm SAIC s leading position in the defense and intelligence sectors.Expanding into Mission-Critical Activities:Over the past few years, SAIC has strategically invested in expanding its capabilities to cater to the...
SAIC Awarded $444 Million Contract for System Modernization in Space Launch RangesRESTON, Va. - Science Applications International Corp. (SAIC), a leading technology integrator for the U.S. Space Force, has recently secured a lucrative contract worth $444 million. The contract aims to support the Digital Transformation, Acquisition, Modernization, and Modification (DTAMM) efforts of the Space Force s Space Systems Command and Space Launch Deltas (SLDs) 30 and 45. This partnership reflects SAIC s unwavering commitment to furthering space exploration, enhancing resilience, and ensuring crew safety in space ranges across the United States.The contract is a testament to SAIC s strong track record in providing cu...
SAIC Secures $96 Million Contract to Modernize Business Operations for Under Secretary of Defense for Research and EngineeringReston, Va. - Science Applications International Corp. (SAIC), a leading technology integrator providing solutions in defense, intelligence, and government sectors, has been awarded a significant contract worth $96 million by the Office of the Under Secretary of Defense for Research and Engineering (OUSD(RandE)). This contract will enable SAIC to enhance and modernize the business operations in support of the crucial technology capabilities delivered to warfighters by the Under Secretary of Defense for Research and Engineering.Vinnie DiFronzo, Executive Vice President of the Air Force...
RESTON, Va. - Science Applications International Corp (SAIC) continues to strengthen its position as a leading provider of innovative solutions for the U.S. Navy and the Department of Veterans Affairs, having recently been awarded three significant contracts worth a combined total of over $500 million.In a testament to SAIC s expertise in defense technologies, the company has secured an $80.5 million task order from the U.S. Navy for the completion of the MK710 Torpedo System Test Sets (TSTS) design. SAIC will subsequently produce and deliver these TSTS units, enhancing the Navy s submarine force with high-quality, tested, and validated MK 48 heavyweight torpedoes. Commenting on the latest contract, Barbara ...
In a major development, Science Applications International Corp. (SAIC) has secured a lucrative $156 million contract to provide essential system support to the U.S. Army Reserve Command (USARC). This contract, under the United States Army Reserve Command Information Technology Support Services (USARC ITSS II) agreement, emphasizes SAIC s long-standing partnership with the U.S. Army Reserve in advancing their mission.The award highlights SAIC s expertise and decades-long commitment to supporting the military s critical operations through superior IT service management. As the senior vice president of the Army Business Group at SAIC, Josh Jackson proudly expressed the company s dedication to supplementing the...
The contract is worth an impressive $63 million, marking a significant gain for the SAIC. This fortune, however, is shrouded by the recent downturn in the company s revenue pattern. A year on year analysis of SAIC s revenue shows a downturn of around -2.57%, while a sequential examination reveals a decline of -12.03%. Despite these challenging financial conditions, the major technological company continues to strive for excellence in its domain, always ready to tackle any potential impediments.SAIC s primary focus revolves around systems integration and the delivery of comprehensive solutions, aligned to the strategic interests of the U.S. Navy. With this primary aim, it extends support to the Navy in accomp...
Science Applications International Corporation (SAIC) (NYSE: SAIC), a premier Fortune 500 technology integrator at the helm of navigating national digital transformation in defense, space, civilian, and intelligence markets, recently publicized a keen initiative to align its operations more tightly. Effective February 3, 2024, SAIC is poised to reorganize its business, a move that is geared towards accelerating sustainable organic growth. While SAIC is a bastion of technological innovation, it has not been immune to the financial tremors felt across various industries. The company reported a year-on-year revenue deterioration of 2.57% and a sequential reduction in profits by 12.03%. Regardless of th...
Science Applications International’s Comment on Sales, Marketing and Customers
The company provides services to military branches including the Army, Air Force, Navy, Marines, Coast Guard, and Space Force, as well as to agencies within the Department of War, NASA, the U.S. Department of State, the Department of Justice, the Department of Homeland Security, and members of the Intelligence Community. It operates under approximately 1,700 active contracts and task orders. The company has two reportable segments: Defense and Intelligence, which delivers national security solutions to the Department of War and the Intelligence Community, and Civilian, which supports federal, state, and local governments in areas such as citizen well-being, border security, and public service missions related to travel, trade, health, and the economy. Its services encompass IT modernization, digital engineering, artificial intelligence, mission systems support, training and simulation, and ground vehicle support, covering the full IT infrastructure lifecycle from design through security. A business reorganization effective January 31, 2026, consolidated five business groups into three to simplify the organizational structure and optimize operations without affecting the reportable segments.
Sources:
Science applications International corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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