SAIC

Science Applications International Corporation (SAIC) reported Q2 FY2027 adjusted EPS of $3.01, beating consensus by 33.78%, with revenues rising 6.3% to $1.88 billion. The company raised FY2027 guidance for revenue, EBITDA, and earnings, supported by strong contract growth and the SilverEdge acquisition. However, net bookings remained weak at 0.6x quarterly book-to-bill ratio, and estimates have trended downward over the past month, earning SAIC a Zacks Rank #3 (Hold).

The global cyber warfare market is projected to grow from USD 14.99 billion in 2026 to USD 28.75 billion by 2031, with a CAGR of 14.1%. Growth is driven by increasing cyber threats to military networks, AI-driven defense solutions, space-based security demands, and defensive cyber operations. The Middle East is positioned for the second-highest regional growth rate.