Contract AwardsSAIC won the $1.8B system software lifecycle engineering contract, showing strong performance in securing new business.
Financial PerformanceShares of SAIC, one of the leading providers of defense IT services, traded up 7% after reporting fourth-quarter financials above consensus and raising its fiscal 2026 outlook.
Growth ProjectionsSAIC raised guidance and expects around 3% organic growth in F2025, despite anticipated headwinds.