Science Applications International Corp
saic.comScience Applications International Corp (NYSE: SAIC) is a U.S. government technology services company that delivers IT modernization, digital engineering, artificial intelligence, cybersecurity, and mission systems integration to defense, intelligence, and civilian government customers. Revenue is generated through long-term government contracts, including indefinite-delivery indefinite-quantity (IDIQ) vehicles and task orders, under which SAIC performs services and is reimbursed on a cost-plus, fixed-price, or time-and-materials basis. The company operates two reportable segments: Defense and Intelligence, which serves the Department of Defense and the U.S. Intelligence Community, and Civilian, which serves federal, state, and local government customers in areas including border security, transportation, and public health. Backlog is segregated into funded and unfunded categories, with IDIQ task orders recorded as backlog upon award. The Innovation Factory, an internal capability group, supports both segments by developing AI, cloud, application development, and cybersecurity solutions. SAIC reorganized into five customer-facing business groups effective February 3, 2024, the first day of fiscal 2025, aggregated into the two reportable segments for financial reporting purposes.
Products & Services
IT modernization, digital engineering, artificial intelligence, cybersecurity, cloud and network services, application development, training and simulation using immersive technologies, ground vehicle integration and sustainment, undersea dominance systems, and mission systems integration. The Innovation Factory provides enterprise-class AI, platform, and cybersecurity solutions delivered as stand-alone or integrated offerings.
Revenue Model
Government service contracts, primarily IDIQ task orders that renew annually, generating revenue as work is performed. Contract types include cost-plus reimbursement, fixed-price, and time-and-materials arrangements with U.S. federal, state, and local government customers.
Customers & Markets
Primary customers are U.S. federal government agencies, including the Department of Defense, the U.S. Intelligence Community, and civilian agencies such as the Department of Homeland Security. Secondary customers include state and local governments. End missions include national security, border security, citizen services, travel and trade facilitation, and public health.
Geographic Exposure
Primarily United States. The filing references operations in certain international jurisdictions subject to OECD Pillar Two minimum tax rules, but does not specify material non-U.S. revenue exposure.
Financial Snapshot
Loading...
