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SAIC Reports 37% Growth in Q1 FY 2020 Revenue; Nazzic Keene Quoted

Science Applications International Corp. (NYSE: SAIC) saw its revenue for the first quarter of fiscal year 2020 increase 37 percent to $1.6B and recorded $178M in net cash provided by operating activities, up 102 percent from the prior-year period. SAIC said Thursday contract awards for Q1 FY 2020 reached $1.9B and net bookings hit $1.4B with a book-to-bill ratio of 0.9.

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SAIC Wins Potential $106M IDIQ for DIA Document, Media Mgmt Support

Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $106M contract to help the Defense Intelligence Agency’s National Media Exploitation Center manage paper documents and electronic media. The indefinite-delivery/indefinite-quantity contract covers document and media management, program support and related intelligence support services to NMEC, the Department of Defense …

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Former PAE, Phacil Exec Mehdi Cherqaoui Named Applied Insight CFO

Mehdi Cherqaoui, formerly chief operating officer and chief financial officer of Phacil, has joined Applied Insight as CFO, the Washington Business Journal reported Thursday. He previously served as VP of finance and mergers and acquisitions at PAE’s VP of finance and mergers and acquisitions. Before that, Cherqaoui held various leadership …

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SAIC Reports 5% Growth in Full FY 2019 Revenue, $14B in Total Backlog; Nazzic Keene Quoted

Science Applications International Corp. (NYSE: SAIC) saw its full fiscal year 2019 revenue grow 5 percent to $4.66B and ended the year with an estimated total backlog of $13.8B of which $2.8B was funded. SAIC said Thursday it recorded $220M in FY 2019 operating income with diluted earnings per share …

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SAIC’s Nazzic Keene Points to Company Strategy Toward Profitable Organic Growth

TYSONS CORNER, VA, March 28, 2019 — Nazzic Keene, chief operating officer of Science Applications International Corp. (NYSE: SAIC), said the company aims to continue its diversification strategy in order to facilitate continued “profitable” organic growth over the next years, ExecutiveBiz reported March 18. Keene, who is in line to …

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Paul Strasser Named Brillient President

Paul Strasser, former executive vice president for information management solutions group at Data Systems Analysts, has joined Reston, Va.-based information technology services contractor Brillient as president. He will oversee Brillient’s growth and expansion initiatives, client relationships and delivery operations, the company said Wednesday. “I look forward to working with this …

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