Science Applications International Expands MUFG Receivables Purchase Facility to $400 Million
Science Applications International (SAIC) amended its receivables purchase agreement with MUFG Bank, increasing the facility to $400 million from $300 million. The move aims to boost liquidity and support working capital needs by selling U.S. government receivables. The amendment took effect on August 14, 2026, with other terms unchanged.
How this was made

The 30-second read
Why it matters
The $400 million facility enhances SAIC's liquidity for working capital needs.
Market read
Liquidity improvement for SAIC may modestly affect its stock price.
What to watch
Potential future drawdowns if government receivables slow.
Background
SAIC entered Amendment No. 6 to its Master Accounts Receivable Purchase Agreement with MUFG Bank.
Ticker impact
SAIC amended its receivable purchase agreement, increasing the facility to $400 million, enhancing liquidity.
Potential modest upside as investors view improved liquidity.
Liquidity boost is modest relative to SAIC's size; market reaction likely limited.
Market effects
May signal increased financing activity for defense contractors using government receivables.
Limited to U.S. defense sector.
Low global impact.
Counterpoint
The facility increase may be seen as a sign of cash flow pressure rather than strength.
Key entities
- companyScience Applications International Corp
Defense contractor expanding its receivable purchase facility.
- financial_institutionMUFG Bank
Counterparty providing the receivable purchase facility.


