Science Applications International Corp

Fiscal year 2025 saw the implementation of a new, multi-year growth

strategy for SAIC. The company rapidly pivoted its portfolio, go-to-market,

brand and culture toward integrating a broader set of emerging

technologies into complex mission environments across U.S. defense,

space, civilian and intelligence markets. The period was marked by

investments in SAIC’s innovation ecosystem, to include increasing ventures

in autonomous and AI technologies, expanding our native cloud, data and

cyber capabilities and partnering strategically with commercial providers

from start-ups to hyper-scalers. This enabled us to deploy faster and more

secure solutions to advance SAIC’s customer missions and grow the

company organically, profitably and strategically.

Along with SAIC’s Board of Directors, the Executive Leadership Team and I

are grateful for your support as we drove mission integration outcomes for

our customers amidst the challenges of a dynamic operating environment.

Fiscal 2025 results reflect our ability to deliver in the near term while laying

the groundwork for future success.

With a shifting industry landscape, our mission aligns with the government’s

focus: expanding commercial technologies into the national security

ecosystem with speed and precision and leveraging technology for

efficiencies and improved citizen experiences in civilian markets. We

remain mission-focused, balanced and steadfast in partnership with our

customers, our employees, and you, our shareholders.

I’m happy to share that fiscal 2025 delivered strong financial results.

Revenues increased $35 million to $7.48B, reflecting organic growth of

3.1% and increased adjusted diluted EPS of $9.13 by 16% as compared to

fiscal year 2024. We returned $602M of capital to shareholders via $527M

of share repurchases and $75M of dividends.

Our book of business remains solid, and our underlying business is

improving due to our portfolio’s alignment with critical customer missions

and the vital importance of our role as a mission integrator - serving as a

bridge that efficiently connects existing governmental infrastructure with

differentiated technology to rapidly respond to our customer’s needs.

Along with SAIC’s

Board of Directors, the

Executive Leadership Team

and I are grateful for your

support as we drove

mission integration outcomes

for our customers amidst

the challenges of a dynamic

operating environment.

Fiscal 2025 results reflect

our ability to deliver in the

near term while laying

the groundwork for

future success."