Science Applications International Corp

Science Applications International Corp. (SAIC) has secured a leading position on the U.S. Department of the Air Force (DAF) Advanced Battle Management System (ABMS) Digital Infrastructure Network Developer program. This multiple-award contract is valued at an estimated $192 million and will see SAIC lead the design, development, and deployment of key elements for the DAF Battle Network. The initiative aims to accelerate the delivery of the Department of War's Combined Joint All Domain Command and Control (CJADC2) infrastructure, strengthening seamless command, control, and communications (C3) across all warfighting domains.

Science Applications International Corp (SAIC) reported strong first-quarter results with net income increasing 69% to $115 million and diluted EPS rising 83.8% to $2.61. Revenues grew 1.5% to $1.906 billion. The company also repurchased $175 million in common stock and declared a quarterly dividend of $0.37 per share. A business reorganization was completed, consolidating five groups into three, without impacting reportable segments.

Science Applications International Corp (SAIC) reported strong first-quarter fiscal year 2027 results, with revenues growing 2% to $1.91 billion and adjusted diluted EPS increasing 68% to $3.23. The company achieved record margins and modest organic growth, leading to an increase in its fiscal year 2027 guidance for adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted EPS. Net bookings reached $2.1 billion, resulting in a book-to-bill ratio of 1.1, and the company deployed $192 million in capital, including $175 million in share repurchases.

Science Applications International Corp (SAIC) announced strong first-quarter fiscal year 2027 results, with revenues reaching $1.91 billion, a 2% increase, and diluted EPS of $2.61, up 84%. The company achieved a net income of $115 million and an adjusted EBITDA of $222 million, representing 11.6% of revenues. SAIC also reported net bookings of $2.1 billion, a book-to-bill ratio of 1.1, and generated $118 million in free cash flow. Following this performance, SAIC increased its fiscal year 2027 guidance for adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted EPS, while reiterating revenue and free cash flow guidance.

Science Applications International Corporation (SAIC) announced that Srinivas Attili, Executive Vice President of the Civilian Business Group, stepped down from his role effective May 29, 2026. His departure from the company is expected around June 12, 2026, as part of an internal reorganization. Mr. Attili will receive severance compensation in exchange for a release of claims and a two-year post-employment non-compete obligation.

Science Applications International Corp (SAIC) announced that its Board of Directors declared a cash dividend of $0.37 per share of common stock. The dividend is payable on July 24, 2026, to stockholders of record as of July 10, 2026. SAIC intends to continue paying quarterly dividends, subject to board discretion and financial performance.

Science Applications International Corp. (SAIC) announced it will release its first quarter fiscal year 2027 results before market open on Monday, June 1, 2026. Following the release, SAIC executive management will host a conference call at 10:00 a.m. EDT to discuss the operational and financial results. The conference call will be accessible via webcast on the company's Investor Relations website, where a supplemental presentation and an on-demand audio replay will also be available.

Science Applications International Corp. (SAIC) announced its critical role as a mission assurance partner for the successful Artemis II mission to the moon. SAIC ensured safety standards across various components, including Crew Survival Analysis, Exploration Ground Systems, the Space Launch System (SLS), and the Orion spacecraft. This highlights SAIC's over 50-year collaborative partnership with NASA in human space exploration.

Science Applications International Corp (SAIC) announced the appointment of Paul Eremenko and Admiral Michael Rogers, USN Retired, to its Board of Directors, effective April 8, 2026. This move expands the Board's size from eleven to thirteen members, with both new directors also joining the Audit Committee and the Technology Committee. Mr. Eremenko brings a wealth of experience in advanced engineering, AI, and innovation from leadership roles at P-1 AI, Universal Hydrogen Co., United Technologies Corporation, Airbus SE, Google, and DARPA. These strategic appointments are expected to enhance SAIC's governance and technological expertise, supporting its focus on complex systems engineering and defense solutions.