Science Applications International Corporation (NYSE:SAIC) Q4 2023 Earnings Call Transcript

And that’s an integral part of that and 10-gene obviously, is a key part of our strategy as well. So, we do have €“ this is part of our strategy, whether it’s €“ in most cases, it’s partnering with best-in-class commercial technologies that exist and being able to bring the SAIC to bear, being able to deploy it to domains and customers that we know. And that combination is very powerful. As you know, we don’t build a lot of our own solutions, but we can and we do, but we really rely on the integration of best-in-class technologies, and that’s what you are seeing here. So, thanks for recognizing. And that means a little bit of our work is going well, but we will make sure that we highlight when we can some of these key new wins and the linkage to these types of solutions.

Louie DiPalma: Thanks. And I have a follow-up on the takeaways questions from Cai and JPMorgan. Along with the $900 million One IT program and the $1.3 billion TCloud, SAIC also seems to have been part of the Verizon team that won the $2.4 billion FAA FENS contract. Is this FENS contract in the same category of materiality as the former two contracts?

Nazzic Keene: Yes. So, great, we are very, very proud to be part of the Verizon team that won FENS And as I know you can appreciate it’s going through the normal process. So, I am not going to say a great deal about it until we kind of get the all clear and it goes through the process. But I will say that we are proud of what the team brought to bear. We are able to bring some differentiation and strengthen the overall team. But we are a sub. So, in general, several tends to be probably less on top line than a prime role, but we will play a critical role and integral role in the delivery to the FAA.

Louie DiPalma: Great. Thanks everyone. See you next week. Thanks.

Nazzic Keene: Sure. Thanks so much.

Operator: And there are no further questions. This concludes today’s conference call. Thank you for your participation. You may now disconnect.