Reston, Va.-based government services and information technology (IT) provider Science Applications International Corp. (SAIC) has repaid debt, and its credit measures are improving from its debt-financed acquisitions. S&P Global Ratings forecasts that the company's financial leverage will be in line with expectations for the rating this year. We are revising the outlook on SAIC to stable from negative and affirming our 'BB+' issuer credit rating on the company. At the same time, we are affirming our 'BB+' rating on the company's first-lien credit facility. The '4' recovery rating is unchanged. The stable outlook reflects our view that SAIC's leverage will improve in fiscal 2022 and approach 3x by year-end. The stable outlook on SAIC reflects our expectation that credit ratios
