Science Applications International Corporation · NASDAQ:SAIC

Science Applications International — Investor Day (April 2024)

36 slides from Science Applications International's investor day presentation, Apr 11, 2024

Slide 1: 2024 Investor Day
SAIC: i 2024" INVESTOR DAY April 11,2024
Slide 2: Introduction
INTRODUCTION Joseph DeNardi Senior Vice President, Investor Relations & Treasurer
Slide 3: Forward-Looking Statements
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Forward-Looking Statements Certain statements in this presentation are “forward-looking statements” within the meaning of the
Slide 4: Investor Day Agenda
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan 10:45 Registration Joseph DeNardi 10:55 - 11:00 Introduction Senior Vice President Investor Day 11:00 - 11:35 SAIC Strategy a
Slide 5: SAIC Strategy and Future Outlook
SAIC STRATEGY AND FUTURE OUTLOOK Toni Townes-Whitley Chief Executive Officer
Slide 6: New SAIC Executive Leadership Organization
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan New SAIC Executive Leadership Organization FUNCTIONAL/IF LEADERS BUSINESS LEADERS PRABU NATARAJAN VINNIE DIFRONZO Executive
Slide 7: SAIC Fiscal Year 2027 Targets
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan SAIC Fiscal Year 2027 Targets REVENUE EBITDA* FREE CASH FLOW* $7.95B - $8.10B $750M – $780M $550M ~5% organic FY27 adj. EBI
Slide 8: Financial Path Forward (FY25 – FY27)
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Financial Path Forward (FY25 – FY27) Implementing an enterprise operating model, standardizing the BD function and redesign
Slide 9: SAIC Enterprise Growth Strategy Overview
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan SAIC Enterprise Growth Strategy Overview Asset-light technology integrator with shareholder-focused capital deployment stra
Slide 10: Customer Focus
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Customer Focus Asset-light technology integrator with shareholder-focused capital deployment strategy SAIC PROPRIETARY INFO
Slide 11: Portfolio Pivot
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Portfolio Pivot Asset-light technology integrator with shareholder-focused capital deployment strategy SAIC PROPRIETARY INF
Slide 12: Growth Vectors
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Growth Vectors Civilian Mission Advisory Leveraging our current footprint to expand our Launch new high-margin consulting
Slide 13: Go-to-Market Pivot
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Go-to-Market Pivot Asset-light technology integrator with shareholder-focused capital deployment strategy SAIC PROPRIETARY
Slide 14: Enterprise Performance Metrics
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Enterprise Performance Metrics Enterprise + Business Group Year-to-Date Performance Performance Scorecard Enterprise Strate
Slide 15: Best in Class Enterprise Business Development
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Best in Class Enterprise Business Development Recompete Focus • Recompete starts day 1 of a new program mentality • Standar
Slide 16: SAIC Enterprise Growth Strategy Overview
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan SAIC Enterprise Growth Strategy Overview Asset-light technology integrator with shareholder-focused capital deployment stra
Slide 17: SAIC Enterprise Growth Strategy Overview
SAIC STRATEGY AND FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan SAIC Enterprise Growth Strategy Overview Asset-light technology integrator with shareholder-focused capital deployment stra
Slide 18: Differentiated Solution Portfolio & ROIC
DIFFERENTIATED SOLUTION PORTFOLIO & ROIC Lauren Knausenberger Chief Innovation Officer
Slide 19: Why SAIC? Why Now?
WHY SAIC? WHY NOW? Asset-light technology integrator with shareholder-focused capital deployment strategy SAIC PROPRIETARY INFORMATION I INFORMATION © SAIC. ALL RIGHTS RESERVED I 19I SAIC PROPRIETARY I © SAIC. ALL RIGHTS RESERVED 19
Slide 20: Who We Are & What We Do
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Who We Are & What We Do STRATEGY DELIVERY INNOVATION FACTORY CTO PRODUCT, PARTNERSHIPS & VENTURES PRODUCT AND SOLUTION DELIVE
Slide 21: Differentiated Solutions Portfolio
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Differentiated Solutions Portfolio SECURE MULTI-CLOUD OPERATIONAL AI SECURE DATA ANALYTICS DIGITAL ENGINEERING CloudScend Dat
Slide 22: SAIC's Approach to Fostering Innovation
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan SAIC’S INPUTS AND INTEL Customer signals | Customer use cases | Mission requirements Approach Marketing intelligence and data
Slide 23: Key Metrics to Assess Innovation Factory Impact
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Key Metrics to Assess Innovation Factory Impact REVENUE ADOPTION IF AFFILIATED REVENUE TECHNICAL SCORES AND WIN RATES Total r
Slide 24: Solutions Portfolio Aligned with National Imperatives
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Solutions Portfolio Aligned with National Imperatives TODAY’S DEMOS Data Science Suite CloudScend ReadyOne Border of the Futu
Slide 25: Financial Update
FINANCIAL UPDATE Prabu Natarajan Chief Financial Officer
Slide 26: SAIC Investment Case
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan SAIC Investment Case TRACK RECORD OF DELIVERING Keen focus on consistent execution, transparency with investors, and aligning
Slide 27: Multi-Year Financial Targets
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Multi-Year Financial Targets FY24A FY25 FY26 FY27 $7.444B Revenue $7.35B - $7.50B $7.55B - $7.75B $7.95B - $8.10B ($7.26B exc
Slide 28: Multi-Year Financial Targets
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Multi-Year Financial Targets FY24A FY25 FY26 FY27 2023 Investor Day 2024 Investor Day 2023 Investor Day 2024 Investor Day 202
Slide 29: Compensation Aligned with TSR, EBITDA and Cash Flow
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Compensation Aligned with TSR, EBITDA and Cash Flow SHORT-TERM INCENTIVE PLAN P E R F O R M A N C E TA R G E T S A N D LONG-T
Slide 30: Solid Organic Revenue Growth Expected to Continue
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Solid Organic Revenue Growth Expected to Continue 8.0% 7% 7.0% 6.0% ~ 5% 5.0% Value of Submissions to 4.0% 3.0% 3% ~ 2.5% ~ 3
Slide 31: Growth-Focused Investment Driving Increased EBITDA
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Growth-Focused Investment Driving Increased EBITDA $800 9.6% 9.5% FY25 to FY26 9.5% Underlying margin improvement provides ca
Slide 32: Capital Deployment Outlook
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Capital Deployment Outlook Strong free cash flow outlook provides significant capacity for capital returns $800 to shareholde
Slide 33: Path to Free Cash Flow Per Share of ~$12
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Path to Free Cash Flow Per Share of ~$12 ~$0.50 ~$12 ~$0.50 ~$0.50 ~$11 ~$0.50 ~$0.45 ~$10 ~$0.50 Consistent free cash flow p
Slide 34: Strategy Drives Increasing ROIC through FY27
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan Strategy Drives Increasing ROIC through FY27 18.0% 16.0% 36x 14.0% Peer 3 32x Enterprise Value to Adj. FCF(2) 12.0% 10.0% 28x
Slide 35: SAIC Investment Case
SAIC STRATEGY & FUTURE OUTLOOK DIFFERENTIATED SOLUTION PORTFOLIO & ROIC FINANCIAL UPDATE INTRODUCTION Q&A CEO Toni Townes-Whitley CIO Lauren Knausenberger CFO Prabu Natarajan SAIC Investment Case ~3.5% ~4.5% ~10% Organic Revenue CAGR Adjusted EBITDA CAGR FCF/shr CAGR FY24 to FY27 FY24 to FY27 FY24 t

Science Applications International Corporation (SAIC) — Investor Day (April 2024) on 6ix

Science Applications International — Investor Day (April 2024)

Slide 1: 2024 Investor Day

Slide 2: Introduction

Slide 3: Forward-Looking Statements

Slide 4: Investor Day Agenda

Slide 5: SAIC Strategy and Future Outlook

Slide 6: New SAIC Executive Leadership Organization

Slide 7: SAIC Fiscal Year 2027 Targets

Slide 8: Financial Path Forward (FY25 – FY27)

Slide 9: SAIC Enterprise Growth Strategy Overview

Slide 10: Customer Focus

Slide 11: Portfolio Pivot

Slide 12: Growth Vectors

Slide 13: Go-to-Market Pivot

Slide 14: Enterprise Performance Metrics

Slide 15: Best in Class Enterprise Business Development

Slide 16: SAIC Enterprise Growth Strategy Overview

Slide 17: SAIC Enterprise Growth Strategy Overview

Slide 18: Differentiated Solution Portfolio & ROIC

Slide 19: Why SAIC? Why Now?

Slide 20: Who We Are & What We Do

Slide 21: Differentiated Solutions Portfolio

Slide 22: SAIC's Approach to Fostering Innovation

Slide 23: Key Metrics to Assess Innovation Factory Impact

Slide 24: Solutions Portfolio Aligned with National Imperatives

Slide 25: Financial Update

Slide 26: SAIC Investment Case

Slide 27: Multi-Year Financial Targets

Slide 28: Multi-Year Financial Targets

Slide 29: Compensation Aligned with TSR, EBITDA and Cash Flow

Slide 30: Solid Organic Revenue Growth Expected to Continue

Slide 31: Growth-Focused Investment Driving Increased EBITDA

Slide 32: Capital Deployment Outlook

Slide 33: Path to Free Cash Flow Per Share of ~$12

Slide 34: Strategy Drives Increasing ROIC through FY27

Slide 35: SAIC Investment Case

Slide 36: Analyst Q&A