1. SAIC appoints Ravi Dankanikote as Chief Growth Officer effective immediately. 2. Dankanikote brings over 30 years of experience in business development. 3. He aims to lead SAIC's growth strategy and enterprise market focus. 4. Company's organizational restructuring aims to enhance customer value and shareholder growth. 5. SAIC has an annual revenue of approximately $7.5 billion.
FAQ
Why Bullish?
The strategic appointment of Dankanikote signals potential growth and improved market performance, similar to past successful leadership changes in tech-focused firms that positively impacted stock prices.
How important is it?
Leadership changes can significantly influence company direction and growth potential, particularly in a competitive sector like GovCon, thus impacting investor sentiment and stock valuation.
Why Long Term?
The impact of a new growth strategy led by an experienced leader will materialize over time, illustrating SAIC’s commitment to strategic growth and customer satisfaction.
SAIC Appoints Ravi Dankanikote as New Chief Growth Officer
RESTON, Va., December 16, 2025 (GLOBE NEWSWIRE) — Science Applications International Corporation (NASDAQ: SAIC) has announced the immediate appointment of Ravi Dankanikote as the company’s Chief Growth Officer. This strategic move comes as SAIC, a leading name in driving digital transformation across various sectors including defense, space, intelligence, and civilian markets, aims to enhance its growth strategy under the leadership of Interim CEO Jim Reagan.
Key Responsibilities and Experience
In his new role, Dankanikote will spearhead SAIC's enterprise growth strategy and its go-to-market initiatives. With over 30 years of experience in growth leadership within the government contracting sector, he possesses a distinguished track record of establishing successful, customer-focused business development teams.
His previous positions include serving as SAIC’s Senior Vice President for Business Development until August 2025, and more recently, Chief Growth Officer at Peraton for a brief period. Before joining SAIC in 2021, Dankanikote dedicated 27 years to CACI, where he held several senior business development roles.
Leadership Insights
Interim CEO Jim Reagan expressed confidence in Dankanikote's abilities, stating, “Ravi doesn’t just know SAIC; he knows the industry. He is deeply attuned to industry trends and the transformation that is occurring right now in the market.” Reagan added that Dankanikote is poised to enhance the company’s business development strategies as SAIC refines its organizational structure and focuses on key opportunities to maximize value for customers, shareholders, and the broader community.
Dankanikote himself emphasized SAIC’s potential: “SAIC’s market leadership, deep mission expertise, and world-class talent uniquely position us to shape the future of national security.” He underscored the fusion of commercial innovation with trusted service delivery as pivotal for driving mission outcomes and sustainable growth.
Educational Background
Ravi Dankanikote holds a Master of Science in Computer Science from Shippensburg University and a Bachelor of Engineering from R.V. College of Engineering in Bangalore, India. His active participation in the national security community includes serving on boards for various organizations focused on defense and technology advancement.
About SAIC
Science Applications International Corporation (SAIC) is a prominent Fortune 500® mission integrator renowned for its role in advancing technology and innovation across defense, space, civilian, and intelligence markets. With a workforce of approximately 24,000 employees and annual revenues reaching around $7.5 billion, SAIC is dedicated to integrating emerging technologies into mission-critical operations.
For more information about SAIC's services and news updates, please visit saic.com.
Investor and Media Contacts
- Investor Relations: Joe DeNardi - joseph.w.denardi@saic.com
- Media Contacts: Caralyn Duke - caralyn.duke@saic.com
Forward-Looking Statements
This press release contains “forward-looking” statements as defined by the Private Securities Litigation Reform Act of 1995. These statements, identified by terms such as "expects," "intends," "plans," and others, involve risks and uncertainties. These factors may result in actual results differing materially from those expressed in the statements. For detailed information on risks, uncertainties, and financial insights, refer to SAIC's filings with the Securities and Exchange Commission available at sec.gov.