SAIC Reports Climb in First-Quarter Profit

Science Applications International Corp. (NYSE: SAIC) announced a rise in first-quarter profit on June 1, 2026, reflecting improved performance across its government and commercial segments. The Reston, Virginia-based technology integrator said net income and earnings per share increased compared to the same period a year earlier, driven by higher revenue and operational efficiencies. Specific financial results were not immediately available in the initial disclosure. SAIC, which provides IT modernization, engineering, and mission support services, has focused on expanding its contract backlog and streamlining costs. Shares of the company moved modestly higher in early trading following the update.