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RESTON, VA / ACCESSWIRE / October 20, 2022 / Science Applications International Corp. (NYSE:SAIC) today announced the company raised more than $350,000, equivalent to more than 3.5 million meals*, …

RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) today announced the company raised more than $350,000, equivalent to more than 3.5 million meals*, to combat food insecurity during Hunger Action Month in September. Through SAIC’s partnership with Feeding America®, SAIC’s contribution will provide meals to people in need, address food waste and promote awareness of the issue of hunger in America. “Our employees not only raised funds for those facing hunger, the

BERLIN: Volkswagen plans to to invest up to 2 billion euros ($1.94 billion) in a joint venture with China’s Horizon Robotics, Handelsblatt and Manager Magazin reported on Wednesday. Reuters reported earlier that VW planned a significant investment in a joint venture in the country for software production. Volkswagen said it could not comment on the specifics of the report, saying only that it was making large investments in software in China and was continuously assessing options for partnerships with local businesses. Porsche overtakes Volkswagen as Europe’s most valuable carmaker The carmaker, which makes about 40% of sales and half of its profits in China, already carries out research and development for vehicle technology in the country, seen as a more advanced market on digital innovation than Europe or the United States. It operates numerous joint ventures in China, holding a 75% stake in its venture with JAC, a 50% stake with SAIC and 40% with FAW.

NORTHAMPTON, MA / ACCESSWIRE / October 3, 2022 / Who is SAIC?" To tap into the spirit of our mission and purpose, we invited a few employees to bring these words to life. These passionate employees wanted to share their personal experiences and explain why they enjoy working at SAIC. We invite you to find out why we''re all so #SAICProud ! Our 26,000 highly skilled and talented people are by far our greatest asset. We believe in empowering our employees, which explains our commitment to diversity, equity and inclusion. Our inclusive workplace encourages employees to bring their best to work every day, which is competitive advantage. We foster a culture where inclusion leads to innovation. We also believe in a workplace with diversity of thought, which delivers the best outcomes. "What does SAIC do?" It''s one of our most commonly asked questions. SAIC is a premier Fortune 500® technology integrator driving our nation''s digital transformation. With over 50 years of experience, our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in engineering, cloud, IT modernization and mission solutions.

Company will provide specialized systems and software engineering services for major NASA programs Science Applications International Corp. has been awarded a $170 million contract by the National Aeronautics and Space Administration (NASA) to continue performing independent verification and validation (IV&V) of space systems and software. This Systems and Software Assurance Services 2 (SAS2) contract will […] The post SAIC Receives $170 Million NASA Contract to Provide Systems and Software Assurance Services appeared first on AiThority .

https://www.investing.com/news/pro/science-applications-pt-raised-to-82-at-goldman-sachs-432SI-2884831

The following slide deck was published by Science Applications International Corporation in conjunction with their 2023 Q2 earnings call.

Science Applications (SAIC) Q2 shows topline revenue about flat at $1.83B, beats consensus by $10M.Net bookings of $2.1B resulting in a book-to-bill of 1.1x in the quarter and…

Science Applications International Corp (NYSE: SAIC) reported a flat revenue growth year-on-year in the second quarter of FY23 to $1.831 billion, marginally beating the consensus of $1.830 billion. Adjusted EPS of $1.75 beat the consensus of $1.69. Adjusted operating margin contracted by 120 bps to 6.8% due to higher indirect costs. Adjusted EBITDA margin contracted 100 bps to 9.1%. SAIC generated … Full story available on Benzinga.com

Science Applications Intl (NYSE: SAIC ) reported its Q2 earnings results on Thursday, September 1, 2022 at 07:00 AM. Here''s what investors need to know about the announcement. Earnings Science Applications Intl beat estimated earnings by 3.55%, reporting an EPS of $1.75 … Full story available on Benzinga.com

Last month, MG revealed the all-electric MG4 hatchback with range of up to 281 miles (on the WLTP system). Now, we know it will be one of the least expensive EVs available in the UK with a starting price of £25,995 ($31,400). It''s set to arrive in the UK in September this year. As a reminder, China''s SAIC Motors now owns the MG brand following the collapse of MG Rover in 2005. The vehicles are manufactured in China, but SAIC has a design studio in London. It also has joint venture partnerships with Volkswagen, GM and others to produce branded vehicles in China. The MG4 first arrived as the Mulan in China, built on SAIC''s MSP (Modular Scalable Platform) architecture that will be used on future MG EVs. It''ll come in three versions in the UK. The starting SE Standard Range model is priced at £25,995 with a 51kWh battery delivering 218 miles of WLTP range, compared to £36,195 ($43,800) for the ID.3 with a 58kWh battery and 265 miles of range. The £28,495 ($34,490) Long Range SE model uses a 64kWh battery to go 281 miles on a charge, which takes about 35 minutes to go from 10-80 percent thanks to the 135kW charging capacity.

Chinese EV stocks are on the rise this morning. Nio (NYSE: NIO ), Xpeng (NYSE: XPEV ) and Li Auto (NASDAQ: LI ) all rose in pre-market trading as they reported their electric car deliveries for July. XPeng, built by entrepreneur He Xiaopeng and backed by Alibaba (NASDAQ: BABA ), had the best month, delivering 11,524 vehicles . Li delivered 10,422 and Nio 10,052 . While the numbers were all up from a year ago, they were notably down from June. Still, XPEV stock was up 2.54%, LI and Nio up almost 3%, in pre-market trading. While there remains the threat of de-listing for all Chinese stocks, including Alibaba , investors seem willing to take the risk with electric cars. New European Exports Nio began building a European presence last year through Norway, where about one-third of all new cars are now electric. It is expanding into four more markets this year, including Germany, and hopes to be in 25 countries by 2025. It calls its stores “Nio Houses” where drivers can swap out batteries in under an hour .

Hybrid Cars Market 2022-2028 New Jersey, NJ -- ( SBWIRE ) -- 07/29/2022 -- The Latest research study released by HTF MI "Hybrid Cars Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are KANDI, Ford, Zhong Tong, TOYOTA, BAIC, Mitsubishi, SAIC, ZOTYE, GM, Chery, Tesla, Yutong, Audi, Volkswagen, BYD, JAC, VOLVO, Mercedes-Benz, Renault, BMW, King-long & Nissan etc. Click here for free sample + related graphs of the report @: https://www.htfmarketreport.com/sample-report/3579254-2020-2025-global-hybrid-cars-market-report-production-and-consumption-professional-analysis Browse market information, tables and figures extent in-depth TOC on "Hybrid Cars Market by Application (Home Use & Commercial Use), by Product Type (, HEV, PHEV & EV), Business scope, Manufacturing and Outlook – Estimate to 2027". for more information or any query mail at sales@htfmarketreport.com At last, all parts of the Hybrid Cars Market are quantitatively also subjectively valued to think about the Global just as regional market equally.

NEW YORK (AP) — The economy is a bit wobbly, but General Motors CEO Mary Barra isn''t backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader. To fulfill that pledge in as little as 2 1/2 years, she faces some long odds against immense economic forces that are working against auto sales. Inflation has spiked, interest rates are rising, material costs have soared and a global shortage of computer chips is still braking assembly lines at GM and other companies. But in an interview with The Associated Press, Barra said she''s confident GM can unseat Tesla with higher-priced specialty vehicles, and it will beat Elon Musk to high-range EVs at prices that people can afford. Last year GM sold just 25,000 electric vehicles in the U.S., less than one-tenth of the estimated 352,000 sold by Tesla. Although EV sales are rising dramatically, they’re still only about 5% of the U.S. new vehicle market, with many Americans still reluctant to change. “To really get to 30, 40, 50% EVs being sold, you have to appeal to people that are in that $30,000 to $35,000 price range,” Barra said.

NEW YORK (AP) — The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader. To fulfill that pledge in as little as 2 1/2 years, she faces some long odds against immense economic forces that are working against auto sales. Inflation has spiked, interest rates are rising, material costs have soared and a global shortage of computer chips is still braking assembly lines at GM and other companies. But in an interview with The Associated Press, Barra said she’s confident GM can unseat Tesla with higher-priced specialty vehicles, and it will beat Elon Musk to high-range EVs at prices that people can afford. Last year GM sold just 25,000 electric vehicles in the U.S., less than one-tenth of the estimated 352,000 sold by Tesla. Although EV sales are rising dramatically, they’re still only about 5% of the U.S. new vehicle market, with many Americans still reluctant to change. “To really get to 30, 40, 50% EVs being sold, you have to appeal to people that are in that $30,000 to $35,000 price range,” Barra said.