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Business/Financial

Earnings, Sales Fall In SAIC’s Third Quarter; Interim CEO Reagan Outlines Priorities

By Cal Biesecker

Thursday, December 4th, 2025

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Earnings, Sales Fall In SAIC’s Third Quarter; Interim CEO Reagan Outlines Priorities

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Science Applications International Corp. [SAIC] on Thursday posted top and bottom-line declines in its third quarter although the company increased its sales guidance due to a new acquisition and its adjusted earnings outlook on improved performance and a lower tax rate. Net income in the quarter ended Oct. 31 slid 26 percent to $78 million, $1.69 earnings per share (EPS), from $106 million ($2.13 EPS) a year ago. Excluding acquisition, integration, restructuring and impairment costs, adjusted earnings of $2.58 EPS…

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]