U.S. government budget and procurement dependence
Most revenue comes from federal agencies, so award timing and program funding drive demand.
- Scope
- Defense and civilian federal programs
- Materiality
- high
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.
7,6 %
12,0 %
4,9 %
−2,9 %
1.20
1.20
| % | |
|---|---|
| Defense and intelligence services | 55% Technical, engineering, and IT services delivered to U.S. defense and intelligence customers. |
| Civilian government services | 45% Enterprise IT and mission support services for U.S. civilian agencies. |
| Systems integration and modernization | 0% Programs that modernize, integrate, and sustain complex government IT environments. |
SAIC sells primarily to departments and agencies of the U.S. government, with work spanning defense, intelligence, and...
- Defense and intelligence agenciesprimary
Buy systems engineering, mission IT, and secure integration services for defense and intelligence programs.
- Civilian federal agenciesprimary
Buy enterprise IT modernization, application support, and mission services for federal operations.
- Subcontracting and teaming partnerssecondary
Use SAIC as a subcontractor or integrator on large U.S. government programs.
SAIC's business is overwhelmingly U.S.-centric: substantially all revenue and tangible long-lived assets are generated...
- •Substantially all revenue is generated in the United States
- •Tangible long-lived assets are also located in the United States
- •Customer sites are often near U.S. government facilities
- •Operations follow federal program locations, not consumer markets
SAIC's strategy centers on higher-end differentiated technology services for secure government environments, especially...
01
Expand secure digital modernization workmedium-term
Modernization and integration programs fit SAIC's core capabilities and customer base.
02
Maintain strong program execution and customer relationshipsshort-term
Past performance and mission understanding are central to winning recompetes and new awards.
03
Use repeatable delivery models and disciplined processesmedium-term
Standardized methods support scale, quality, and pricing discipline on complex contracts.
SAIC is exposed to U.S. government procurement cycles, contract competition, and audit scrutiny because most revenue...
Cybersecurity and physical security threats
The company handles sensitive and classified information and is a target for nation-state actors.
- Scope
- Internal systems and customer data
- Materiality
- high
Contract cost estimation and performance risk
Revenue is recognized over time on long-term contracts using cost estimates that can change.
- Scope
- Multi-year technical and IT service programs
- Materiality
- high
Government audits and compliance actions
Audit findings can lead to cost adjustments, refunds, or restrictions on future bidding.
- Scope
- Federal contract compliance
- Materiality
- medium
Competitive pressure in government services
More competition and fewer sole-source awards can pressure win rates and pricing.
- Scope
- Large federal program recompetes
- Materiality
- medium
Over-time revenue recognition on long-term contracts
Can materially change quarterly and annual reported revenue and operating income
Estimate revisions and cumulative catch-up adjustments
Can create volatility in margins and earnings
Government audits and contract cost recoverability
Can reduce revenue, increase liabilities, or affect cash receipts
Contingencies for legal disputes and claims
Can affect operating expenses and cash outflows
: 29.4.2026