SAIC Honored by Fortune's World's Most Admired Companies List
February 03, 2021 at 05:40 AM EST
SAIC ranks sixth within Information Technology Service category based on mission-critical digital transformation focusDESCRIPTION:
Reston, Va., Feb. 3, 2021 /3BL Media/ – Science Applications International Corp. (NYSE: SAIC) has been named by FORTUNE Magazine as one of the World’s Most Admired Companies and ranked sixth within the Information Technology Services category. This is the company’s fourth recognition on FORTUNE’s list since SAIC’s inception in 2013.
“We are incredibly excited and honored to be recognized in FORTUNE’s prestigious Most Admired Companies list,” said SAIC CEO Nazzic Keene. “This recognition highlights the innovative steps we have made to advance SAIC through our investments, resulting in the increased value we bring to our customers and our ability to attract and retain top talent. With our focused investment in digital transformation, we will better serve our employees, customers, and shareholders for many years to come.”
FORTUNE collaborated with partner Korn Ferry on this survey of corporate reputation in which executives, directors, and analysts were asked to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.
FORTUNE determined 1,500 candidates then winnowed the assortment to the highest-revenue companies in each industry, a total of 670 in 30 countries. The top-rated companies were picked from that pool of 670; the executives who voted work at the companies in that group.
Companies with a survey score that ranked in the top half of its industry were listed. SAIC was ranked sixth among IT Services companies.
“SAIC’s ranking reflects the steps we have made to advance our company, positioning SAIC for our customers mission-critical work today, and for many years to come,” Keene said. “I am incredibly proud of our accomplishments on behalf of our customers, communities and colleagues, and to be part of a team that is – in the fullest sense of the words – mission-driven.”
The complete list of Most Admired Companies can be found in FORTUNE magazine and online at https://fortune.com/worlds-most-admired-companies.
SAIC® is a premier Fortune 500® technology integrator driving our nation’s digital transformation. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes secure high-end solutions in engineering, IT modernization, 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 that are critical to achieving our customers' missions.
We are 25,500 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $7.1 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
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.
Tweet me: .@SAICinc has been named by @FORTUNE Magazine as one of the World’s Most Admired Companies and ranked sixth within the Information Technology Services category. This is the company’s fourth recognition on FORTUNE’s list since SAIC’s inception in 2013. https://bit.ly/3oLOKqm
KEYWORDS: NYSE:SAIC, SAIC, fortune magazine, Fortune, World's Most Admired Companies List