Science Applications International Corporation (SAIC)

The company now

On 2 November 2026 SAIC announced and priced a private offering of $500 million of senior notes due 2034, to redeem all of its 4.875% senior notes due 2028 3.

The deal is expected to close on or about 13 November 2026 3.

Revenue for the second quarter, ended 31 July 2026, was $1.88 billion, about 6.3% higher than a year earlier, and net income was $102 million against $127 million 2.

The company raised its fiscal 2027 revenue guidance to a range of $7.2 billion to $7.3 billion, from $7.0 billion to $7.2 billion 2.

A new finance chief arrives next month: Ken Crews, formerly chief financial officer of Northrop Grumman, takes the role on 7 December 2026, and Prabu Natarajan moves to run the Civilian business group 4.

The open question is new work: backlog, the contract revenue still to be earned, was about $22.1 billion, but new orders of $1.2 billion were only 0.6 times the quarter's revenue 2.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.