Goldman Sachs maintains sell on Science Applications Intl

scanx
Reviewed by
Radhika SScanX News Team
Key Highlights

Goldman Sachs analyst Gavin Parsons maintained a sell rating on Science Applications Intl and raised the price target to $96 from $85.

powered bylight_fuzz_icon
42830664

*this image is generated using AI for illustrative purposes only.

Goldman Sachs analyst Gavin Parsons has maintained a sell rating on Science Applications Intl, raising the price target to $96 from $85. The adjustment reflects a revised valuation outlook for the stock despite the negative recommendation.

The revised price target of $96 is an increase from the previous target of $85. Science Applications Intl trades on the NASDAQ under the ticker symbol SAIC.

Metric Value
Rating Sell
Previous Price Target $85
New Price Target $96

What specific factors drove the upward revision of the price target despite the sell rating?

How might the market react to the increased price target given the ongoing sell recommendation?

What valuation models or metrics influenced the adjustment of the price target for SAIC?

like20
dislike

SAIC wins $192M US Air Force ABMS contract

scanx
Reviewed by
Shriram SScanX News Team
Key Highlights

Science Applications International Corp has secured a $192 million contract from the U.S. Department of the Air Force for the Advanced Battle Management System program. The award positions the company as a leader in digital infrastructure development. This contract supports the Battle Network program and accelerates the delivery of CJADC2 infrastructure.

powered bylight_fuzz_icon
42557451

*this image is generated using AI for illustrative purposes only.

Science Applications International Corp has been awarded a leading position on the U.S. Department of the Air Force Advanced Battle Management System Digital Infrastructure Network Developer program. The multiple-award contract carries an estimated value of $192 million. This engagement is significant as it advances the vital U.S. Department of the Air Force Battle Network program.

The work focuses on accelerating the delivery of the Department of War's Combined Joint All Domain Command and Control infrastructure. By supporting this digital infrastructure, Science Applications International Corp aims to enhance the connectivity and command capabilities required for modern defense operations.

Contract Details

The agreement places Science Applications International Corp in a key role within the digital infrastructure framework. The following table outlines the primary components of the award:

Aspect Details
Program Advanced Battle Management System (ABMS)
Customer U.S. Department of the Air Force
Contract Type Multiple-award contract
Estimated Value $192 million
Key Objective Digital Infrastructure Network Developer

The initiative is designed to integrate various domain capabilities into a unified network. This infrastructure is critical for the Combined Joint All Domain Command and Control effort, which seeks to connect sensors from all military services into a single network.

How will this contract impact Science Applications International Corp's revenue growth in the upcoming fiscal year?

What are the potential risks or challenges in integrating multi-domain sensor capabilities into a unified network?

Could this award position the company for additional contracts within the broader U.S. Department of Defense modernization efforts?

like15
dislike