SAIC Continues Contract Award Streak

Reston-based Science Applications International Corp (SAIC) continues to win new national security contracts, even as it faces changes

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and challenges. The company won more than $286 million in national security contracts during the second quarter of fiscal year 2021.

Some of its most recent contracts include a $171.5 million contract from the U.S. Navy to continue providing a range of training solutions; a $79 million task order from the U.S. Air Force to deliver mission engineering services; and a $133 million contract from the Navy to continue providing mission engineering and integration services.

Now comes word that SAIC was just awarded a $752.7 million contract to work with the Army National Guard Intelligence and Security Directorate on improving its intelligence services. The five-year award will have SAIC provide mission support and improve readiness of the intelligence and security directorate.

In addition, the company has also announced the retirement of Jim Scanlon, executive vice president and general manager of the Defense Systems Group, at the end of SAIC’s fiscal year 2021.

“For more than three decades, Jim has been an important leader in shaping the SAIC we all know today. We wish him the best and thank him for all he has done for our customers, our people and our company,” said SAIC CEO Nazzic Keene. “With Jim’s retirement, we reevaluated our organizational structure, as we always look to best align with our business strategy and growth priorities.”

The company added that as of October 31, SAIC will begin to operate with two major lines of business so that it can focus on strategic growth priorities. The two divisions will be Defense and Civilian, led by Sector President Bob Genter, and National Security and Space, led by Sector President Michael LaRouche.

The restructuring comes after SAIC recently revealed exactly how much it believes COVID-19 will cost them this fiscal year: $250 million. The pandemic has impacted the company in several areas, including labor costs in SAIC’s national security business, lower training operations business with the Federal Aviation Administration, and the company’s suppliers. Nevertheless, the news contracts that SAIC has landed further establish the company as a leader in the government IT solutions space.