Science Applications International Corp Amends Receivables Facility to $400M

What Happened Science Applications International Corporation (SAIC) filed an 8-K on August 19, 2026 disclosing Amendment No. 6 (dated August 14, 2026) to its Master Accounts Receivable Purchase Agreement with MUFG Bank, Ltd. The amendment raises the maximum amount of designated eligible U.S. government receivables that SAIC may sell under the facility from $300 million to $400 million. The filing states that the other material terms of the existing purchase agreement remain unchanged.

Key Details

• Amendment No. 6 dated August 14, 2026; 8-K filed August 19, 2026.
• Purchaser: MUFG Bank, Ltd.; Seller/seller representative: Science Applications International Corporation.
• Facility limit increased to $400 million (previous limit: $300 million).
• Amendment covers sale of certain designated eligible receivables with the U.S. government; other material terms unchanged.
• Amendment is filed as Exhibit 10.1 to the 8-K; report signed by Hilary L. Hageman, EVP, General Counsel and Corporate Secretary.

Why It Matters This amendment expands SAIC’s ability to sell eligible U.S. government accounts receivable under its financing arrangement, increasing the capacity by $100 million. For investors, that may mean greater flexibility to convert government receivables into cash for working capital or other corporate needs without changing other contract terms. The change is a financing/ liquidity-related update rather than an operational or earnings disclosure.