SAIC Falls After CEO Transition, Comments About 2026 Outlook

Oct. 24, 2025, 1:45 PM UTC

Science Applications International Corp shares are down 6.4% on Friday, after the IT services company named James Reagan interim chief executive officer, effective immediately.

  • Reagan was previously chief financial officer for Leidos Holdings
  • SAIC also affirmed its 2026 outlook, but said “a prolonged federal government shutdown could impair the Company’s ability to achieve such guidance”; the company said it may reassess its fiscal year 2026 guidance “based on the status of the shutdown and the broader government contracting environment”

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