Science Applications International Corp
Science Applications International Corp. is a U.S.-based technology integrator focused on technical, engineering, and enterprise IT services for government customers. The company delivers systems design, development, modernization, integration, and sustainment work across defense, civilian, and intelligence-related missions through a large portfolio of contracts and task orders.
Fiscal year 2026 · change from previous year
Development 2021–2026
Business
Share of revenueTechnical, engineering, and IT services delivered to U.S. defense and intelligence customers.
Enterprise IT and mission support services for U.S. civilian agencies.
Programs that modernize, integrate, and sustain complex government IT environments.
Customers
SAIC sells primarily to departments and agencies of the U.S. government, with work spanning defense, intelligence, and civilian missions. Its customers buy long-duration technical and IT services because the company can support complex, secure, and mission-critical programs that require cleared personnel and deep domain knowledge.
Buy systems engineering, mission IT, and secure integration services for defense and intelligence programs.
Buy enterprise IT modernization, application support, and mission services for federal operations.
Use SAIC as a subcontractor or integrator on large U.S. government programs.
Strategy
SAIC's strategy centers on higher-end differentiated technology services for secure government environments, especially where systems integration, modernization, and sustainment matter. The company also emphasizes repeatable processes, cleared talent, and long-term customer relationships to compete for large, complex programs and maintain relevance across defense and civilian missions.
Modernization and integration programs fit SAIC's core capabilities and customer base.
Past performance and mission understanding are central to winning recompetes and new awards.
Standardized methods support scale, quality, and pricing discipline on complex contracts.
Geography
SAIC's business is overwhelmingly U.S.-centric: substantially all revenue and tangible long-lived assets are generated and located in the United States. The company serves federal customers nationwide, and its operating footprint is tied to where U.S. government programs and customer sites are located rather than to a broad international market.
Risks
SAIC is exposed to U.S. government procurement cycles, contract competition, and audit scrutiny because most revenue comes from federal agencies and long-term contracts. Cybersecurity, cleared-personnel availability, and cost-estimation errors are also material because the company handles sensitive information and recognizes much of its revenue over time using estimates.
- U.S. government budget and procurement dependenceImpact: HighLikelihood: Medium
Most revenue comes from federal agencies, so award timing and program funding drive demand.
Exposure: Defense and civilian federal programs
- Cybersecurity and physical security threatsImpact: HighLikelihood: Medium
The company handles sensitive and classified information and is a target for nation-state actors.
Exposure: Internal systems and customer data
- Contract cost estimation and performance riskImpact: HighLikelihood: Medium
Revenue is recognized over time on long-term contracts using cost estimates that can change.
Exposure: Multi-year technical and IT service programs
- Government audits and compliance actionsImpact: MediumLikelihood: Medium
Audit findings can lead to cost adjustments, refunds, or restrictions on future bidding.
Exposure: Federal contract compliance
- Competitive pressure in government servicesImpact: MediumLikelihood: Medium
More competition and fewer sole-source awards can pressure win rates and pricing.
Exposure: Large federal program recompetes
Accounting
Judgemental itemsCost input estimates affect revenue timing and margin recognition across multi-year programs.
Impact: Can materially change quarterly and annual reported revenue and operating income
Changes in labor, subcontractor, or indirect cost assumptions flow through current-period results.
Impact: Can create volatility in margins and earnings
Audit findings may require refunds or disallow costs under federal contracts.
Impact: Can reduce revenue, increase liabilities, or affect cash receipts
Lawsuits and contract claims may require accruals when loss is probable and estimable.
Impact: Can affect operating expenses and cash outflows
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Last updated: 24/09/2026