SAIC Secures ~$400M In Space & Intelligence Community Contracts In 2Q23

  • Science Applications International Corp SAIC has obtained ~$400 million in national security and space contract awards for the second quarter of FY23, in addition to the previously announced $319 million Falconer Air Operations Center Weapon System Sustainment contract with the U.S. Air Force.
  • The contract awards consist primarily of systems integration and delivery work, new cloud programs, and JADC2 efforts.
  • “This quarter included revolutionary technical awards that set us apart from our peers in critical areas like digital engineering, multi-cloud and JADC2,” commented Michael LaRouche, president National Security and Space Sector at SAIC. 
  • Price Action: SIAC shares are trading higher by 0.99% at $92.46 on the last check Monday.
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