SAN FRANCISCO--(BUSINESS WIRE)--Loft Orbital announces an agreement with NASA JPL to fly demos of JPL AI software to test on-orbit AI capabilities for Earth science.
Company will build a modernized digital backbone that arms warfighters with real-time data to help them fight and win Company will build a modernized digital backbone that arms warfighters with real-time data to help them fight and win
SAIC (SAIC) delivered modest 2% revenue growth but achieved a remarkable 69% year-over-year net income increase, driven by improved contract efficiency. Gross margin expansion and lower SG&A expenses contributed to significant bottom-line growth, even after normalizing for a $13M investment gain. SAIC's $22.9B contract backlog and stable balance sheet support expectations for steady, predictable operational performance in coming years.
Earnings season from Q2 is winding down, and many components of the S&P 500 have reported spectacular results, especially those in the AI supply chain.
RESTON, Va., June 03, 2026 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) has been awarded a follow-on $50.6 million task order from the U.S. Navy's leader in Torpedo Defense (TD) – Naval Undersea Warfare Center (NUWC) in Newport, RI – to continue the company's work of providing critical torpedo defense system design, modernization, and sustainment services.
Science Applications (SAIC) has seen a significant rise in its stock price following the release of its Q1 results for April. The government technology and mis