SAIC reports increased sales, flat profit

June 12, 2018 at 8:11 PM

Science Applications International Corp. said today sales in its most recent quarter reached nearly $1.2 billion, up 7 percent from the same three-month period a year earlier.

The contractor's quarterly profit hit $49 million, flat from the prior year.

SAIC attributed the sales boost to new contracts supporting NASA and the Environmental Protection Agency and “increased orders in our supply chain portfolio.”