Science Applications Int'l (SAIC) Declares $0.31 Quarterly Dividend; 1.8% Yield

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Science Applications (SAIC) PT Lowered to $72 at Cowen; Remains Sidelined

October 4, 2017 3:32 PM EDT

Cowen lowered its price target on Science Applications (NYSE: SAIC) to $72.00 (from $75.00) while maintaining a Market Perform rating. SAIC won the Virtual Systems recompete (~$80MM of $650MM/year) and it's been selected for the $300MM/year Battlefield Systems task order pending debriefs and possible... More

SAIC (SAIC) to Consolidate Several Organizations, Offer Voluntary Retirement to Managers as Part of Restructuring

October 2, 2017 6:54 AM EDT

As part of a broad, companywide restructuring designed to support Science Applications International Corp.s (NYSE: SAIC) long-term strategy, the company announced today that it has consolidated several organizations and offered a voluntary retirement incentive package to approximately 100 senior managers.

Keeping its successful... More