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Tuesday, September 01, 2015

SAIC Announces Financial Results for the Second Quarter of Fiscal Year 2016

Science Applications International Corporation, a leading technology integrator providing full life cycle services and solutions in the technical, engineering and enterprise information technology markets, today announced financial results for the second quarter ended July 31, 2015. As previously announced, SAIC completed its acquisition of Scitor Holdings, Inc. (Scitor) on May 4, 2015, at the beginning of the quarter, and accordingly, the results presented reflect that of the combined company since acquisition.

"The second quarter fiscal 2016 results demonstrate our commitment to continuing the execution of our market strategy and shareholder value creation proposition," said CEO Tony Moraco. "The acquisition of Scitor provides strategic market access and incremental, strong cash flow characteristics. We continue to serve our existing customers and expand market opportunities while effectively deploying capital for our shareholders."

To view the original press release, please click here.

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