EX-99.1 2 d10250dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 SAIC ANNOUNCES ORGANIZATIONAL CHANGES INTENDED TO SIMPLIFY STRUCTURE, SHARPEN FOCUS AND DELIVER SUSTAINABLE LONG-TERM GROWTH AND SHAREHOLDER VALUE CREATION Highlights: Five existing business groups will be consolidated into three business groups The consolidated business groups are Army Navy (ANG); Air Force, Space and Intelligence (AFSI); and Civilian The restructured organization is aimed at optimizing the company’s operations and customer focus for growth and shareholder value creation The new organizational structure will be effective January 31, 2026 ─────────────────────────────────────────────────────────────────────── RESTON, Va., Nov. 13, 2025 (GlobeNewswire) - 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 a strategic organizational restructuring intended to ensure the Company is well positioned to capitalize on opportunities for growth and shareholder value creation, while remaining focused on delivering near-term operationa…
Open exhibit ↗Current Report · Items 5.02, 7.01, 9.01 · 8-K
Science Applications International Corporation
SAICNASDAQEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 13, 2025, Science Applications International Corporation (the “Company”) announced that in connection with an internal reorganization, David C.…
Recent company filings
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 13, 2025, Science Applications International Corporation (the “Company”) announced that in connection with an internal reorganization, David C. Ray, Executive Vice President, Space and Intelligence Business Group, will step down from his current role immediately and depart from the Company on January 30, 2026. Following his departure from the Company, Mr. Ray will receive certain severance compensation pursuant to Section 5 of the Company’s Executive Severance, Change in Control and Retirement Policy, in exchange for the execution and non-revocation of a release of claims against the Company and a two-year post-employment non-compete obligation.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On November 13, 2025, the Company issued a press release announcing the event discussed in Item 5.02 above, the text of which is furnished as Exhibit 99.1 hereto and incorporated herein by reference. The information contained in this Item 7.01 and Exhibit 99.1 is being furnished, and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under Section 18. Furthermore, the information contained in this Item 7.01 and Exhibit 99.1 shall not be deemed to be incorporated by reference into the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act.