SAIC Announces Third Quarter of Fiscal Year 2019 Results

SAIC Announces Third Quarter of Fiscal Year 2019 Results

5 years ago
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https://www.businesswire.com/news/home/20181206005844/en/

RESTON, Va.--(BUSINESS WIRE)--Dec 6, 2018--Science Applications International Corporation (NYSE: SAIC), a leading technology integrator providing full life-cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets, today announced results for the third quarter ended November 2, 2018.

“As we prepare for the future, we continue to focus on delivering strong performance across our contract portfolio, as evidenced by our third quarter results. Our fifth consecutive quarter of revenue growth and the highest profitability in our five year history are proof points of the disciplined execution of our strategy,” said SAIC CEO Tony Moraco. "We look forward to accelerating the execution of our long term strategy, Ingenuity 2025, with the acquisition of Engility. We will enter next year with increased customer access, more investments in competitive and differentiated solutions, along with improved cash flow to enhance opportunities for shareholder value creation."