This option exercise confirms continued VA business but is small relative to SAIC's scale. Monitor future option exercises and any new VA task order awards for incremental revenue visibility.
Price Chart
Executive Summary
The Department of Veterans Affairs exercised Option Period 2 on an existing IT operations support contract with SAIC, obligating $40.8 million. This modification extends a known revenue stream and represents approximately 0.5% of SAIC's annualized revenue, a routine but positive follow-on award.
Key Financial Metrics
Key Facts
- Contract modification P00004 on IDIQ 36C10B24F0201
- Obligation amount: $40,770,953.8
- Awarding agency: Department of Veterans Affairs
- Description: Exercise of Option Period 2 for IT Operations Support for the VA Fiscal Service Center
- SAIC's annualized revenue (Q1 FY2026 annualized): $7,624,000,000
- Award represents ~0.5% of annualized revenue
Financial Impact
$40.8 million modification, ~0.5% of SAIC's annualized revenue
Risk Factors
- Government funding risk (continuing resolutions, budget uncertainty)
- Execution risk on IT operations support contracts
- Low materiality relative to total revenue
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-36C10B24F0201 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | 8-K | $131.57 | awaiting T+60 | — | $145.73 (+10.76%) |
Oct 5, 2026 21d ago | Press Release | $126.90 | awaiting T+60 | — | $145.73 (+14.84%) |
Sep 30, 2026 27d ago | GOVT-CONTRACT | $126.30 | awaiting T+60 | — | $145.73 (+15.38%) |
Sep 16, 2026 5w ago | GOVT-CONTRACT | $133.65 | awaiting T+60 | — | $145.73 (+9.04%) |
Sep 3, 2026 7w ago | GOVT-CONTRACT | $126.75 | awaiting T+60 | — | $145.73 (+14.97%) |
Aug 31, 2026 8w ago | 8-K | $128.22 | awaiting T+60 | — | $145.73 (+13.66%) |
Aug 31, 2026 8w ago | GOVT-CONTRACT | $126.78 | awaiting T+60 | — | $145.73 (+14.95%) |
Aug 28, 2026 8w ago | Press Release | $125.96 | awaiting T+60 | — | $145.73 (+15.70%) |
Aug 28, 2026 8w ago | 8-K | $125.96 | awaiting T+60 | — | $145.73 (+15.70%) |
Aug 10, 2026 11w ago | 8-K | $125.46 | awaiting T+60 | — | $145.73 (+16.16%) |
US Market Status
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