Business Context and Reporting Period
Company: Science Applications International Corporation (SAIC)
Filing Type: Form 8-K (Current Report)
Date of Report: August 14, 2026
Event: Entry into a Material Definitive Agreement regarding accounts receivable financing.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, or overall debt levels. It specifically addresses a liquidity facility:
- Receivables Facility Limit: Increased to $400 million.
- Previous Facility Limit: $300 million.
- Counterparty: MUFG Bank, Ltd.
- Asset Type: Eligible receivables with the U.S. government.
Material Changes
The Company executed Amendment No. 6 to its Master Accounts Receivable Purchase Agreement. The primary material change is the expansion of the facility capacity by $100 million, allowing for the sale of up to $400 million of designated eligible receivables. All other material terms of the existing agreement remain unchanged.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or specific risk factors beyond the standard incorporation of the amendment terms. The document notes that the description of the amendment is qualified in its entirety by reference to the full agreement filed as Exhibit 10.1.
Investor Verification Checklist
- Verify the specific eligibility criteria for U.S. government receivables under the amended agreement.
- Review the full text of Amendment No. 6 (Exhibit 10.1) for any non-material term adjustments not explicitly detailed in the summary.
- Confirm the impact of this increased facility on the Company's overall liquidity position and working capital management.