Science Applications International Corp: Update following affirmation of Ba2 CFR, continuing negative outlook
SAIC's credit profile reflects its good scale, service capability breach and agency coverage within US defense and federal services, but high leverage after the Unisys Federal acquisitionScience Applications International provides technical, engineering and enterprise information technology (IT) services. The company provides engineering, systems integration and information technology offerings for government projects and provides a range of services with an emphasis on differentiated technology services. The company's offerings include: engineering; technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services spanning the design, development, integration, deployment, management and operations, sustainment and security of its customers' entire IT infrastructure.
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