SAIC Establishes Strategic Partnership with Bluescape to Enhance Virtual Collaboration for Department of Defense and Government Agencies

SAIC partners with Bluescape to provide a secure virtual workspace for the Department of Defense and other agencies.

Quiver AI Summary

Science Applications International Corp. (SAIC) has announced a partnership with Bluescape to provide an unlimited virtual workspace for the Department of Defense and various government agencies. This strategic alliance aims to integrate Bluescape's advanced collaborative operations platform into SAIC's offerings, enabling secure data sharing, visual planning, and mission coordination. The platform is compliant with FedRAMP Moderate+ and authorized by the DoD for Controlled Unclassified Information (CUI) data, facilitating real-time collaboration among dispersed teams. Both companies emphasized the importance of these tools in enhancing mission command and response capabilities in the face of complex national security challenges. Bluescape's platform is designed to streamline processes without requiring a complete overhaul of existing systems, thereby improving efficiency and decision-making among users.

Potential Positives

SAIC has established a strategic partnership with Bluescape to provide a secure, unlimited virtual workspace to the Department of Defense and other governmental agencies, enhancing its offerings in advanced technology solutions.
The integration of Bluescape's dual-use technology enables improved knowledge sharing, visual planning, and data analysis, which are critical for national security missions.
Bluescape's platform is authorized for operation at FedRAMP Moderate+ and by the DoD at IL4/IL5 for Controlled Unclassified Information (CUI) data, which demonstrates compliance with high security standards.
This collaboration allows SAIC to leverage a scalable solution that can accommodate large-scale government organizations and facilitate real-time collaboration and decision-making across dispersed teams.

Potential Negatives

Press release emphasizes reliance on a commercial platform (Bluescape) for critical mission operations, which could raise concerns about security and dependence on third-party technology.
Vagueness in the specifics of how the partnership will significantly improve current operations or address existing challenges within the DoD and related agencies.
Potential for apprehension regarding the scalability and effectiveness of integrating Bluescape across various government agencies, given the complexities of inter-agency collaboration.

FAQ

What is the partnership between SAIC and Bluescape about?

The partnership aims to integrate Bluescape's virtual workspace into SAIC's services for the Department of Defense and other agencies.

How does Bluescape enhance collaboration for mission-critical operations?

Bluescape provides a secure, centralized platform that allows teams to share information, plan, and coordinate missions effectively.

What are the security features of Bluescape's platform?

Bluescape is authorized to operate at FedRAMP Moderate+ and by the DoD at IL4/IL5 for Controlled Unclassified Information (CUI) data.

Who can benefit from using Bluescape's technology?

Bluescape's platform is beneficial for warfighters, decision-makers, and government organizations needing secure collaboration and data sharing.

What advantages does Bluescape offer for distributed teams?

Bluescape allows for persistent workspaces, enabling teams to maintain records of decisions and streamline future project workflows.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$SAIC Congressional Stock Trading

Members of Congress have traded $SAIC stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $SAIC stock by members of Congress over the last 6 months:

REPRESENTATIVE GERALD E. CONNOLLY sold up to $15,000 on 02/05.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$SAIC Insider Trading Activity

$SAIC insiders have traded $SAIC stock on the open market 15 times in the past 6 months. Of those trades, 14 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $SAIC stock by insiders over the last 6 months:

KATHARINA G. MCFARLAND sold 3,239 shares for an estimated $381,230
TONI TOWNES-WHITLEY (Chief Executive Officer) has made 2 purchases buying 2,000 shares for an estimated $223,332 and 0 sales.
PRABU NATARAJAN (EVP, Chief Financial Officer) purchased 2,000 shares for an estimated $219,098
BARBARA SUPPLEE (EVP, Navy) has made 2 purchases buying 785 shares for an estimated $88,912 and 0 sales.
VINCENT P. DIFRONZO (EVP,-Air Force & Comb Commands) has made 2 purchases buying 747 shares for an estimated $81,872 and 0 sales.
MILFORD W MCGUIRT purchased 500 shares for an estimated $55,290
JAMES REAGAN purchased 450 shares for an estimated $50,446
CAROLYN B HANDLON purchased 230 shares for an estimated $25,284
GARTH GRAHAM purchased 215 shares for an estimated $25,101
SRINIVAS ATTILI (EVP, Civilian) has made 2 purchases buying 200 shares for an estimated $22,516 and 0 sales.
HILARY HAGEMAN (EVP General Counsel, Secretary) purchased 100 shares for an estimated $10,974

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$SAIC Hedge Fund Activity

We have seen 209 institutional investors add shares of $SAIC stock to their portfolio, and 194 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

WELLINGTON MANAGEMENT GROUP LLP removed 1,031,285 shares (-37.5%) from their portfolio in Q4 2024, for an estimated $115,277,037
BOSTON PARTNERS removed 642,481 shares (-21.8%) from their portfolio in Q4 2024, for an estimated $71,816,526
FULLER & THALER ASSET MANAGEMENT, INC. added 464,989 shares (+27.0%) to their portfolio in Q4 2024, for an estimated $51,976,470
INVESCO LTD. removed 439,643 shares (-53.0%) from their portfolio in Q4 2024, for an estimated $49,143,294
FMR LLC removed 323,532 shares (-14.5%) from their portfolio in Q4 2024, for an estimated $36,164,406
ADAGE CAPITAL PARTNERS GP, L.L.C. added 312,304 shares (+inf%) to their portfolio in Q4 2024, for an estimated $34,909,341
AQR CAPITAL MANAGEMENT LLC added 179,963 shares (+68.4%) to their portfolio in Q4 2024, for an estimated $20,116,264

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$SAIC Analyst Ratings

Wall Street analysts have issued reports on $SAIC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Goldman Sachs issued a "Sell" rating on 12/05/2024
Wells Fargo issued a "Overweight" rating on 11/26/2024

To track analyst ratings and price targets for $SAIC, check out Quiver Quantitative's $SAIC forecast page.

$SAIC Price Targets

Multiple analysts have issued price targets for $SAIC recently. We have seen 2 analysts offer price targets for $SAIC in the last 6 months, with a median target of $129.0.

Here are some recent targets:

Gavin Parsons from Goldman Sachs set a target price of $124.0 on 12/05/2024
Gavin Parsons from UBS set a target price of $134.0 on 12/02/2024

Full Release

RESTON, Va., April 30, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC ) – a mission integrator for delivering advanced technology solutions to the government – announced today that it has established a strategic partnership with Bluescape ® – a collaborative operations platform – to bring a commercially-developed, unlimited virtual workspace to the Department of Defense (DoD), space, intelligence and civilian agencies. The innovative alliance delivers Bluescape’s best-in-class, dual-use technology for today’s critical national security missions to SAIC’s vast ecosystem.

Through the alliance, SAIC will seamlessly integrate Bluescape’s government-compliant unlimited virtual workspace to securely bring data, individuals and applications together for knowledge sharing, visual planning, data analysis and effective mission coordination. The platform is authorized to operate at FedRAMP Moderate+ and by the DoD at IL4/IL5 for CUI data – empowering dispersed teams to share, organize, and interact with critical intel for accelerated decision advantage and response times.

More than just a collaboration tool, Bluescape is a trusted, secure and scalable collaborative operations platform that creates a common operating picture by unifying teams and information streams, providing a centralized, visual workspace for real-time collaboration, information sharing and decision-making. It provides a highly secure, virtual workspace for exchanging information, integrating mission applications and producing content jointly. Bluescape is a commercial platform that enables warfighters and decision-makers to deliver mission outcomes. It can be used across enterprise IT systems, operational forces and interagency or mission partners.

“Today’s warfighters and intelligence community decision-makers face a myriad of complex national security challenges that continually reinforce the imperative need for advanced, secure and efficient solutions,” said Bob Ritchie, SAIC Chief Technology Officer. “Combining Bluescape’s secure and collaborative insight platform with SAIC’s mission-oriented commercial delivery provides the adaptability, speed and decision advantage our government customers require.”

“Bluescape enhances every aspect of mission command and coordinated response. It can accommodate large-scale government organizations and the ability to onboard thousands of users simultaneously,” explained Norm Litterini, Vice President of Public Sector Channels and Partners for Bluescape. “It eliminates the “place problem” that can be a challenge in mission partner environments and across dispersed workforces.”

Bluescape workspaces are persistent and repeatable, so the information and actions taken remain intact after a meeting concludes, providing an automatic record of how decisions were made to jump-start future project work. The platform also allows for the use of existing processes and tools under one secure environment – eliminating the need for a complete overhaul and delay in operations.

About SAIC
SAIC ® is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.5 billion. For more information, visit saic.com . For ongoing news, please visit our newsroom .

Media Contact
Caralyn Duke
[email protected]

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.

About Bluescape
Bluescape is the mission-ready visual workplace. Bluescape empowers distributed teams with easy-to-use tools to bring agility to complex processes—eliminating miscommunications, missed deadlines, and wasted time. Available as both FedRAMP authorized cloud solution and air-gapped software, Bluescape is built for the security needs of the public sector. Customers include Fortune 100 companies and government agencies. Bluescape is headquartered in Chicago, IL. For more information on how Bluescape drives innovation and transformation in government and commercial organizations, visit bluescape.com. Follow us on LinkedIn.

Media Contact
Josette Oder Moynihan
[email protected]