Hello, Guest!
  • Friday, November 22, 2024

SAIC Reports $348M in Digital, IT Service Contracts From Space & Intelligence Sectors; Michael LaRouche Quoted

Science Applications International Corp. (NYSE: SAIC) has reported space and intelligence sector contracts worth a combined $348 million that include digital engineering and information technology services.

SAIC said Thursday it booked a $100 million contract to support an undisclosed space sector customer and secured a $46 million initial award to help another classified client transform IT operations.

Michael LaRouche, president of SAIC’s national security and space sector and a 2021 Wash100 awardee, said his business team offers alternative technology integration and delivery approaches to clients.

“These wins transform our portfolio, align to our growth strategy, and most importantly, allow SAIC to deliver bold outcomes to achieve our clients’ objectives faster.”

The $100 million award will involve digital engineering tasks similar to work under a $355 million space-related contract the company disclosed in its fiscal 2022 second quarter.

SAIC is sponsoring GovCon Wire’s “Space Acquisition Forum” and the Potomac Officers Club’s 8th Annual Defense Research and Development Summit. Visit the GCW and POC sites to learn more about these events that are scheduled for Jan. 19.

Video of the Day

Related Articles

Lockheed Reports 14% Increase in Q1 2024 Net Sales; Jim Taiclet Offers Update on F-35, Next-Gen Interceptor, LRDR Programs Financial Reports

Lockheed Reports 14% Increase in Q1 2024 Net Sales; Jim Taiclet Offers Update on F-35, Next-Gen Interceptor, LRDR Programs

Lockheed Martin (NYSE: LMT) generated $17.2 billion in net sales during the first quarter of 2024, up 14 percent from the prior-year period’s $15.1 billion, and reported $1.5 billion in Q1 net earnings, or $6.39 per share. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it returned $1.8 billion in cash to shareholders through

Lockheed Martin’s Maria Demaree on the Future of AI/ML & Space Executive Spotlights

Lockheed Martin’s Maria Demaree on the Future of AI/ML & Space

Artificial intelligence is changing the game across all domains and industries, including in space. Maria Demaree, vice president and general manager of national security space at Lockheed Martin, spoke with Executive Mosaic about how AI is impacting missions from CJADC2 to space and more. Demaree, a two-time Wash100 Award winner, has been with Lockheed Martin for over

Space Force Issues Commercial Space Strategy; Gen. Chance Saltzman Quoted News

Space Force Issues Commercial Space Strategy; Gen. Chance Saltzman Quoted

The U.S. Space Force has unveiled a new strategy detailing how the service branch will enhance its capability development processes and foster commercial partnerships to improve the country’s competitive advantage. The military branch said Wednesday it will implement the Commercial Space Strategy through four lines of effort: collaborative transparency, operational and technical integration, risk management