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SAIC Expanded Its Philanthropic Support for Military and Veteran Families In 2019

December 20, 2019 GMT

RESTON, Va.--(BUSINESS WIRE)--Dec 20, 2019--

Continuing a long-standing tradition that is part of Science Applications International Corp.’s (NYSE: SAIC) 50-year-plus legacy, the company has reaffirmed its commitment to supporting military and veteran families with its expanded corporate citizenship program. In 2019, SAIC increased its monetary and employee volunteer support in collaboration with non-profits that focus on service members, veterans, and their families.

“SAIC holds a deep connection to our Armed Forces. With more than a quarter of our employees are veterans – that’s nearly 6,000 men and women who bring knowledge, experience and dedication to our customers’ missions, and influence our values and our culture every day,” commented SAIC CEO Nazzic Keene. “I am proud of our commitment and support that directly impact current and former military personnel and their families. We offer our appreciation for their dedication, determination, sacrifice, and service.”

Building Homes for Heroes

SAIC joined forces with Building Homes for Heroes, a national nonprofit organization that builds and modifies homes, then gifts them, mortgage-free, to veterans and their families. Building Homes for Heroes will gift and modify its 225 th home for injured veterans by the end of 2019, and aims to gift one mortgage-free home every 11 days, on average, In December, SAIC employees volunteered with the final preparations for the Virginia Beach home of Navy Lt. Patrick Ferguson, a veteran who sustained numerous physical and psychological injuries throughout his 22-years of service. Since 2012, SAIC has raised more than $325,000 toward homes for eight wounded veteran heroes and their families.

CyberWarrior Scholarship

In collaboration with the Center for Cyber Safety and Education, a nonprofit charitable trust committed to making the cyber world a safer place for everyone, SAIC provided 10 veteran recipients of its CyberWarrior™ Scholarship with career development opportunities to help meet the national need for qualified cybersecurity professionals. The $50,000 total scholarships granted in 2019 provided the recipients with the support needed to become certified for careers in cybersecurity, including training classes, textbooks and materials, and exam vouchers for the (ISC) 2 certification of their choice.

Operation Homefront

For the seventh consecutive year, SAIC continued its support for Operation Homefront’s Back-to-School Brigade® events across the country this summer. Operation Homefront is a national non-profit organization serving America’s military families, providing critical financial assistance, transitional and permanent housing, and other recurring family support programs throughout the year. SAIC employees helped distribute backpacks and school supplies to children of active duty service members.

USO of Metropolitan Washington-Baltimore

Each holiday season, SAIC employees deliver warmth and festivity to our troops and their families in collaboration with USO-Metro. In 2019, employees sponsored 125 children of active duty service members, selecting and providing gifts to make their holiday wishes come true.

Wave Warriors Surf Camp – Salt Water Treatment

SAIC employees volunteered at a fun and therapeutic event in Virginia Beach for injured service members and their families, hosted by the Wave Warriors Surf Camp – Salt Water Treatment. From providing in-water support to lunch service, employees witnessed how riding waves delivered a unique and empowering experience for veterans.

About SAIC

SAIC ® is a premier technology integrator solving our nation’s most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions.

We are 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $6.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements

Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191220005245/en/

CONTACT: Media:

Lauren Presti

703-676-8982

lauren.a.presti@saic.com

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: CONTRACTS DEFENSE

SOURCE: Science Applications International Corp.

Copyright Business Wire 2019.

PUB: 12/20/2019 07:15 AM/DISC: 12/20/2019 07:15 AM

http://www.businesswire.com/news/home/20191220005245/en