SAIC reported $1.87 billion in fiscal year 2026 third-quarter revenue, down 5.6 percent from the same period the previous year, and $2.2 billion in Q3 net bookings with a trailing 12 months book-to-bill ratio of 1.2. In an earnings statement published Thursday, the Reston, Virginia-based government technology services contractor said it ended the th...
SAIC has secured a $1.4 billion COBRA task order to accelerate the modernization of systems that feed into the Department of Defense’s Combined Joint All-Domain Command and Control ecosystem. The five-year award tasks SAIC with rapidly developing, integrating and fielding technologies that strengthen decision superiority and operational readin...
SAIC will consolidate its five current business groups into three as part of an organizational restructuring intended to simplify operations, strengthen customer focus and drive growth and shareholder value. The company said Thursday the new structure will take effect Jan. 31. SAIC is one of the sponsors of the Potomac Officers Club’s 2026 Def...
John Basso has been appointed senior vice president and chief risk officer at SAIC. Hilary Hageman, executive vice president, general counsel and corporate secretary of SAIC, announced the appointment on LinkedIn Wednesday. “We’re thrilled to have him lead the continued evolution of our enterprise risk management framework...
SAIC has secured a $241.7 million indefinite-delivery/indefinite-quantity contract from the Naval Undersea Warfare Center Division Newport to provide maintenance and upgrades at the Propulsion Test Facility in Rhode Island. What Work Will SAIC Perform Under the New Contract? Under the five-year contract, SAIC will handle the upkeep, testing and mode...
SAIC’s board of directors has selected James Reagan, a member of the company’s board since January 2023 and a past Wash100 Award winner, to serve as interim CEO, effective immediately. The company said Thursday Reagan succeeds Toni Townes-Whitley, herself a Wash100 Award recipient who assumed the chief executive role at SAIC in 2023. “Jim’s ...
SAIC has finalized the acquisition of SilverEdge Government Solutions from private equity firm Godspeed Capital. Robert Miller, CEO of SilverEdge, confirmed the transaction’s completion in a LinkedIn post Thursday, saying that the “milestone marks the beginning of an exciting new chapter” in the companies’ shared mission to p...
SAIC has expanded its leadership team with the appointment of Deborah Torosian as senior vice president and chief talent officer, and Andy Henson as senior vice president, combatant command market leader and Air Force business group chief innovation officer. Henson Takes on New Leadership Role Henson, who announced his appointment in a recent Linked...
SAIC has agreed to acquire SilverEdge Government Solutions from private equity firm Godspeed Capital for $205 million in cash to advance its strategy of delivering commercial-grade technology platforms to customers in support of national security missions. Reston, Virginia-based SAIC said Monday it expects the transaction to close in the third quart...
SAIC has announced that Chief Technology Officer Bob Ritchie has also taken on the chief growth officer role, adding the responsibility to lead the company’s business development organization to his leadership portfolio. According to SAIC, the expanded role unifies technology and growth strategies under one executive to strengthen its position...
