Recent Updates — SAIC
Science Applications International Corporation reported second quarter fiscal year 2027 results with revenues of $1.88 billion, representing 6.3% growth and 5.3% organic growth. Net income was $102 million, yielding diluted earnings per share of $2.38, while adjusted diluted EPS stood at $3.01. The company raised its full-year fiscal 2027 guidance for revenue to $7.2B–$7.3B and adjusted EBITDA to $750M–$755M. Subsequent to the quarter end, the Board declared a quarterly cash dividend of $0.37 per share payable on October 23, 2026 to holders of record as of October 9, 2026. SAIC operates in the defense, space, intelligence, and civilian technology sectors.
On August 27, 2026, Science Applications International Corp.'s Board of Directors declared a quarterly cash dividend of $0.37 per share of common stock. The dividend is payable on October 23, 2026, to stockholders of record as of October 9, 2026. SAIC intends to continue paying dividends on a quarterly basis, subject to board discretion based on earnings and financial condition. Science Applications International Corp. operates in the defense, space, intelligence, and civilian markets, providing mission IT, enterprise IT, engineering services, and professional solutions.
Science Applications International Corp entered into Amendment No. 6 to its Master Accounts Receivable Purchase Agreement with MUFG Bank, Ltd., increasing the facility limit for the sale of designated eligible U.S. government receivables from $300 million to $400 million. The company operates in the technology and professional services industry.
Science Applications International Corporation announced the appointment of David Benson and David Cush to its Board of Directors for an initial term expiring at the 2027 annual meeting. The board size increased from ten to twelve members effective August 20, 2026. Both directors will serve on the Audit Committee, with Mr. Benson also joining the Human Resources and Compensation Committee and Mr. Cush serving on the Nominating and Corporate Governance Committee. They will receive standard non-employee director compensation pro-rated until the next annual meeting. Science Applications International Corporation provides information technology services and engineering solutions to government agencies.
Science Applications International Corporation held its virtual Annual Meeting of Stockholders on June 3, 2026, where stockholders elected the Board of Directors, approved executive compensation, and ratified the appointment of Ernst & Young LLP as the independent auditor. Additionally, a proposal to increase the total number of authorized shares in the 2023 Equity Incentive Plan was approved.