:

Business/Financial

Earnings, Sales Fall At SAIC In Fourth Quarter On Shutdown, Enterprise IT Headwinds

By Cal Biesecker

Monday, March 16th, 2026

SHARE:

Earnings, Sales Fall At SAIC In Fourth Quarter On Shutdown, Enterprise IT Headwinds

SAIC CEO James "Jim" Reagan. Photo: SAIC

Science Applications International Corp. [SAIC] on Monday posted lower earnings and sales in its fourth quarter stemming from the federal government shutdown last fall, a shift away from commoditized enterprise information technology (IT) work and procurement delays. The results were inline with an updated financial forecast SAIC provided in February (Defense Daily, Feb. 11). Sales in the quarter fell 5 percent to under $1.8 billion from over $1.8 billion a year ago. Net income dropped 13 percent to $85 million,…

Space

Space Force Eyes Nearly $1.5 Billion for Space Data Network Backbone in Future Reconciliation Bill

The U.S. Space Force (USSF) plans to request nearly $1.5 billion for the Space Data Network (SDN) Backbone in a future fiscal 2027 reconciliation bill. Last week, Space Force’s Space […]

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]