Ravi Dankanikote appointed Chief Growth Officer of SAIC, focusing on enterprise growth strategy and customer-centric business development.
Quiver AI Summary
Science Applications International Corporation (SAIC) has appointed Ravi Dankanikote as its new Chief Growth Officer, effective immediately. Reporting to Interim CEO Jim Reagan, Dankanikote will oversee the company's growth strategy and go-to-market initiatives. With over 30 years of experience in the government contracting field, including a prior role at SAIC and recent leadership at Peraton, he is recognized for his ability to align business development with customer needs and long-term goals. Dankanikote emphasized SAIC's unique position to drive innovation in national security while enhancing growth for stakeholders. He holds a Master's in Computer Science and is involved in various national security organizations.
Potential Positives
- The appointment of Ravi Dankanikote as Chief Growth Officer highlights SAIC’s commitment to enhancing its enterprise growth strategy and go-to-market approach.
- Dankanikote brings over 30 years of experience in government contracting, signaling a continuation of strong leadership in business development.
- The leadership change aligns with SAIC's implementation of a simplified organizational structure, which aims to sharpen focus on key opportunities for growth and value creation for customers and shareholders.
- Dankanikote's understanding of industry trends and customer needs positions SAIC to better meet market demands and drive sustainable growth.
Potential Negatives
- The press release highlights the appointment of a new Chief Growth Officer, which may indicate previous leadership deficiencies or instability in the company’s growth strategy.
- The mention of a "simplified organizational structure" suggests there may have been complexities or inefficiencies within the previous structure that needed to be addressed.
- The reliance on "forward-looking statements" raises concerns about the company's ability to achieve projected growth, which could lead to investor skepticism.
FAQ
Who is Ravi Dankanikote?
Ravi Dankanikote is the newly appointed Chief Growth Officer at SAIC, bringing over 30 years of experience in growth leadership.
What is Ravi Dankanikote's previous role at SAIC?
Before his current appointment, Dankanikote served as SAIC’s Senior Vice President for Business Development until August 2025.
What will Dankanikote's responsibilities be at SAIC?
He will lead SAIC’s enterprise growth strategy and go-to-market approach, focusing on customer-centric business development.
What qualifications does Ravi Dankanikote hold?
Dankanikote holds a Master's degree in Computer Science and a Bachelor’s degree in Engineering from prestigious institutions.
How does SAIC plan to improve its market position?
SAIC aims to enhance its market position by implementing a simplified structure and focusing on key opportunities for growth.
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 Insider Trading Activity
$SAIC insiders have traded $SAIC stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SAIC stock by insiders over the last 6 months:
- SRINIVAS ATTILI (EVP, Civilian) purchased 100 shares for an estimated $9,735
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SAIC Revenue
$SAIC had revenues of $1.9B in Q3 2026. This is a decrease of -5.57% from the same period in the prior year.
You can track SAIC financials on Quiver Quantitative's SAIC stock page.
$SAIC Congressional Stock Trading
Members of Congress have traded $SAIC stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $SAIC stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 4 times. They made 2 purchases worth up to $30,000 on 10/30, 09/11 and 2 sales worth up to $30,000 on 10/31, 10/30.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$SAIC Hedge Fund Activity
We have seen 186 institutional investors add shares of $SAIC stock to their portfolio, and 259 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BOSTON PARTNERS removed 870,195 shares (-56.3%) from their portfolio in Q3 2025, for an estimated $86,471,277
- FMR LLC added 786,037 shares (+35.5%) to their portfolio in Q3 2025, for an estimated $78,108,496
- AQR CAPITAL MANAGEMENT LLC removed 330,803 shares (-25.4%) from their portfolio in Q3 2025, for an estimated $32,871,894
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 278,838 shares (-30.9%) from their portfolio in Q3 2025, for an estimated $27,708,132
- BALYASNY ASSET MANAGEMENT L.P. removed 277,691 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $27,594,154
- LSV ASSET MANAGEMENT added 263,006 shares (+20.2%) to their portfolio in Q3 2025, for an estimated $26,134,906
- POLARIS CAPITAL MANAGEMENT, LLC removed 237,500 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $23,600,375
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 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 12/12/2025
- Goldman Sachs issued a "Sell" rating on 09/08/2025
- Stifel issued a "Buy" rating on 06/24/2025
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 7 analysts offer price targets for $SAIC in the last 6 months, with a median target of $115.0.
Here are some recent targets:
- John Godyn from Citigroup set a target price of $122.0 on 12/12/2025
- Gavin Parsons from UBS set a target price of $113.0 on 12/08/2025
- Seth Seifman from JP Morgan set a target price of $125.0 on 12/05/2025
- Sheila Kahyaoglu from Jefferies set a target price of $115.0 on 09/10/2025
- Gavin Parsons from Goldman Sachs set a target price of $91.0 on 09/08/2025
- Jonathan Siegmann from Stifel set a target price of $128.0 on 09/05/2025
- Tobey Sommer from Truist Securities set a target price of $110.0 on 07/24/2025
Full Release
RESTON, Va., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corporation (NASDAQ: SAIC ), a premier Fortune 500 ® company driving our nation's digital transformation across the defense, space, intelligence, and civilian markets, today announced the appointment of Ravi Dankanikote as the company’s Chief Growth Officer, effective immediately. He will report to Interim SAIC Chief Executive Officer Jim Reagan.
In this role, Dankanikote will lead SAIC’s enterprise growth strategy and go-to-market approach. He brings more than 30 years of growth leadership experience in the GovCon space, with a proven track record of building winning, customer-centric business development organizations. He is widely recognized for his deep understanding of mission requirements, forward-leaning solution design, and ability to unify growth investments around long-term enterprise goals.
Dankanikote previously served as SAIC’s Senior Vice President for Business Development from 2021 until August of this year. He returns to SAIC from Peraton, where he served as Chief Growth Officer for the past four months. Prior to joining SAIC in 2021, he spent 27 years at CACI serving in multiple senior business development and growth roles.
“Ravi doesn’t just know SAIC, he knows the industry. He is deeply attuned to industry trends and the transformation that is occurring right now in the market in terms of what customers want and how they want to purchase it,” said Reagan. “He is the right choice to lead our business development and growth strategy as SAIC implements our simplified organizational structure and sharpens our focus on key opportunities to provide even greater value to our customers, increase growth for our shareholders, and create a stronger company.”
“SAIC’s market leadership, deep mission expertise, and world-class talent uniquely position us to shape the future of national security. By fusing cutting-edge commercial innovation with trusted delivery customers, we have a powerful opportunity to drive mission outcomes, accelerate modernization, and deliver sustainable growth for all stakeholders,” said Dankanikote.
Dankanikote holds a Master of Science degree in Computer Science from Shippensburg University and a Bachelor of Engineering degree from R.V. College of Engineering in Bangalore, India. He is active in the national security ecosystem, serving on the Board of Directors for the Washington Chapter of NDIA, WashingtonExec and Executive Mosaic’s BD Council, and other mission-focused nonprofits.
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 .
Investor Relations Contact:
Joe DeNardi
[email protected]
Media Contacts:
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 SAIC’s ability to realize growth opportunities as a result of the new organizational structure. 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 Securities and Exchange Commission (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.