{
  "id": 4661561,
  "title": "SAIC Q2 FY27 slides: strong execution drives guidance raise",
  "url": "https://urgent.news/2026/08/31/saic-q2-fy27-slides-strong-execution-drives-guidance-raise",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T15:13:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/saic-q2-fy27-slides-strong-execution-drives-guidance-raise-93CH-4883044"
  },
  "original_language": "en",
  "account": "Science Applications International Corp. (NYSE:SAIC) reported stronger-than-expected fiscal second-quarter 2027 results on August 31, 2026, leading to a raise in its full-year financial guidance. The company's shares surged 2.91% to $129.62, nearing its 52-week high of $142.66. SAIC's revenue growth of 5% in the second quarter was driven by strong program execution and improved conversion of government outlays into revenue. Management highlighted the fiscal year 2027 as a year of commitment to operational targets and sustained margin expansion through 2030. The company reported a revenue of $1,880 million, marking a 6.3% year-over-year growth. Adjusted EBITDA reached $193 million, up 4.3% from the previous year, with margins of 10.3%. On-contract growth accelerated to approximately 10%, indicating strong performance on existing contracts. SAIC is implementing Project ORBIT, an enterprise transformation program aimed at growth investments and margin improvement. The program is expected to generate around $150 million in annual run-rate value over three years, with about $100 million reinvested in growth capabilities and $100 million supporting margin expansion. However, signs of softness in future growth pipeline and submission volumes were noted, attributed to the broader government contracting environment. Despite this, funded backlog expanded by 11% year-over-year to approximately $18 billion, providing revenue visibility for upcoming quarters.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}