RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) announced today that the Audit Committee of the Board of Directors of the company approved Ernst & Young LLP as its independent registered public accounting firm for the company’s fiscal year ending February 1, 2019, replacing Deloitte & Touche LLP (“Deloitte”).
SAIC’s Audit Committee made the decision following a formal competitive review of several independent registered public accounting firms. This action was in line with the Audit Committee’s responsibility to periodically evaluate competitive solicitations from qualified independent registered public accounting firms.
The Audit Committee’s selection was not the result of any disagreement with Deloitte. SAIC thanks Deloitte for its services. Deloitte will continue in its capacity through the completion of its audit services for the company’s fiscal year ending February 2, 2018 and related filings with the Securities and Exchange Commission in connection therewith.
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s more than 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $4.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and a number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K and other such filings that SAIC makes with the SEC from time to time, which may be viewed or obtained through the Investor Relations section of our web site at www.saic.com . Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.