SAIC Announces Pricing of Upsized Offering of $500 Million in Senior Notes

RESTON, Va., Nov. 02, 2026 (GLOBE NEWSWIRE) — Scie ce Applicatio s I te atio al Co p. (NASDAQ: SAIC), a leadi g missio i teg ato suppo ti g defe se, space, i tellige ce, a d civilia age cies, a ou ced today that it has p iced a offe i g of $500 millio agg egate p i cipal amou t of 6.75% se io otes due 2034 (the “Notes,” a d such offe i g, the “Offe i g”). The Notes we e p iced at 100% of thei p i cipal amou t a d will be se io u secu ed obligatio s of SAIC. The Offe i g is expected to close o o about Novembe 13, 2026, subject to customa y closi g co ditio s. The Notes will be gua a teed o a se io u secu ed basis by each of SAIC’s existi g a d futu e domestic subsidia ies that gua a tee SAIC’s obligatio s u de its c edit ag eeme t a d ce tai othe i debted ess, i cludi g its 5.875% Se io Notes due 2033.

SAIC i te ds to use the et p oceeds f om the Offe i g to edeem all of its outsta di g 4.875% Se io Notes due 2028 (the “2028 Notes”) a d to pay estimated fees a d expe ses of the Offe i g, with a y emai i g et p oceeds bei g used fo ge e al co po ate pu poses. The edemptio of the 2028 Notes will be co ditio ed upo the co summatio of the Offe i g. This p ess elease does ot co stitute a otice of edemptio with espect to the 2028 Notes.

The Notes a d the elated gua a tees a e bei g offe ed a d sold to pe so s easo ably believed to be “qualified i stitutio al buye s” i elia ce o the exemptio f om egist atio set fo th i Rule 144A u de the Secu ities Act of 1933, as ame ded (the “Secu ities Act”), a d to o -U.S. pe so s outside the U ited States i elia ce o the exemptio f om egist atio set fo th i Regulatio S u de the Secu ities Act. The Notes a d the elated gua a tees have ot bee egiste ed fo sale u de the Secu ities Act o a y state secu ities laws a d may ot be offe ed o sold i the U ited States abse t egist atio o a applicable exemptio f om the egist atio equi eme ts of the Secu ities Act a d applicable state laws.

This p ess elease shall ot co stitute a offe to sell o a solicitatio of a offe to buy the Notes o a y othe secu ities, a d shall ot co stitute a offe , solicitatio o sale i a y state o ju isdictio i which such a offe , solicitatio o sale would be u lawful. A y offe s of the Notes will be made o ly by mea s of a p ivate offe i g memo a dum. The Notes bei g offe ed have ot bee app oved o disapp oved by a y egulato y autho ity, o has a y such autho ity passed upo the accu acy o adequacy of the applicable p ivate offe i g memo a dum.

About SAICSAIC® is a p emie missio i teg ato focused o adva ci g the powe of tech ology a d i ovatio to se ve a d p otect ou wo ld. Ou obust po tfolio of offe i gs ac oss the defe se, space, i tellige ce, a d civilia ma kets i cludes secu e high-e d solutio s i missio IT, e te p ise IT, e gi ee i g se vices, a d p ofessio al se vices. We i teg ate eme gi g tech ology, apidly a d secu ely, i to missio c itical ope atio s that mode ize a d e able c itical atio al impe atives.

We a e app oximately 23,000 st o g; d ive by missio , u ited by pu pose, a d i spi ed by oppo tu ities. Headqua te ed i Resto , Vi gi ia, SAIC has a ual eve ues of app oximately $7.3 billio . Fo mo e i fo matio , visit saic.com. Fo o goi g ews, please visit ou   ews oom.

Fo wa d-Looki g Stateme tsCe tai stateme ts i this elease co tai o a e based o “fo wa d-looki g” i fo matio withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. I some cases, you ca ide tify fo wa d-looki g stateme ts by wo ds such as “expects,” “i te ds,” “pla s,” “a ticipates,” “believes,” “estimates,” “guida ce,” a d simila wo ds o ph ases. Fo wa d-looki g stateme ts i this elease may i clude, amo g othe s, stateme ts elati g to the Offe i g, ou ability to complete the Offe i g, the a ticipated use of et p oceeds the ef om, a d the edemptio of the 2028 Notes. Such stateme ts a e ot gua a tees of futu e pe fo ma ce a d i volve isk, u ce tai ties a d assumptio s, a d actual esults may diffe mate ially f om the guida ce a d othe fo wa d-looki g stateme ts made i this elease as a esult of va ious facto s. Risks, u ce tai ties a d assumptio s that could cause o co t ibute to these mate ial diffe e ces i clude those discussed i the “Risk Facto s,” “Ma ageme t’s Discussio a d A alysis of Fi a cial Co ditio a d Results of Ope atio s” a d “Legal P oceedi gs” sectio s of ou A ual Repo t o Fo m 10-K, as updated i a y subseque t Qua te ly Repo ts o Fo m 10-Q a d othe fili gs with the Secu ities a d Excha ge Commissio (the “SEC”), which may be viewed o obtai ed th ough the I vesto Relatio s sectio of ou website o o the SEC’s website. Due to such isks, u ce tai ties a d assumptio s you a e cautio ed ot to place u due elia ce o such fo wa d-looki g stateme ts, which speak o ly as of the date he eof. SAIC exp essly disclaims a y duty to update a y fo wa d-looki g stateme t p ovided i this elease to eflect subseque t eve ts, actual esults o cha ges i SAIC’s expectatio s. SAIC also disclaims a y duty to comme t upo o co ect i fo matio that may be co tai ed i epo ts published by i vestme t a alysts o othe s.

Co tacts

Media Co tactCa aly DukeSe io Ma age , Media Relatio spublic elatio s@saic.com

I vesto Relatio s Co tactJo RavivVP, I vesto Relatio si vesto elatio s@saic.com