Leidos Holdings - LDOS STOCK NEWS

Leidos (NYSE:LDOS) and Moveworks have announced a strategic partnership to bring agentic AI capabilities to government agencies in the U.S., U.K., and Australia. The collaboration aims to enhance government worker efficiency by implementing AI-powered digital personal assistants for automating daily work processes.

Leidos has helped Moveworks achieve U.S. government security certification ready status, ensuring secure and compliant AI solutions for federal agencies. The partnership will enable government employees to focus more on core missions by automating administrative tasks such as managing computers, navigating databases, and drafting emails.

Moveworks, which surpassed $100M ARR in September 2024 and has a $2.1 billion valuation, currently serves 350+ large enterprises and over 5 million employees. Leidos, headquartered in Reston, Virginia, reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025.

Leidos (NYSE: LDOS) has announced its upcoming first quarter 2025 earnings conference call, scheduled for Tuesday, May 6, 2025, at 8:00 a.m. ET. The company will release its financial results for the period ending April 4, 2025, via a press release before the conference call.

Investors and interested parties can access the live audio broadcast and replay of the conference call, along with presentation materials and supplemental information, through the company's investor relations website at http://ir.leidos.com. The webcast archive will remain accessible until May 6, 2026.

Leidos (LDOS) has unveiled Sea Dart, a new high-performance, low-cost uncrewed undersea vessel (UUV) designed for U.S. Navy and commercial applications. The vessel comes in two standard diameters (6 and 9 inches) and is easily transportable by one or two people.

Key features include:

• Payload agnostic design compatible with U.S. Navy's Underwater Vehicle software and non-propagating battery design
• 80-90% cost reduction compared to similar performance small UUVs
• Capability to operate at tactical speeds and depths for hours
• Applications in counter-mine operations, underwater surveys, infrastructure monitoring, and environmental sensing

Sea Dart joins Leidos' autonomous Sea Systems portfolio, which includes surface vessels like Sea Archer, Sea Hunter, Sea Hawk, Ranger, and Mariner. A 12¾ inch diameter variant is under consideration.

Leidos (NYSE:LDOS) has secured a significant $390 million contract from the National Security Agency (NSA) for signals intelligence capabilities. The contract, announced on April 3, 2025, includes a base year plus four option years.

Under this single-award agreement, Leidos will deliver:

• SIGINT capabilities, engineering, and analysis tools
• Systems administration and management functions
• Lab and testbed management
• Integration, testing, and deployment services
• Training and sustainment of NSA systems

Roy Stevens, Leidos National Security Sector president, emphasized the importance of tailored SIGINT solutions for military and intelligence superiority. The company will leverage its expertise in cyber and IT managed services, along with radar and sensor technologies, to develop resilient communications systems that maintain critical mission data flow even during interruptions.

Leidos (NYSE: LDOS) has appointed Daryle Lademan as Senior Vice President of Corporate Strategy, effective March 31, 2025. Lademan, who brings three decades of defense and government technology experience, will report to Chief Growth Officer Jason Albanese and lead the company's growth strategies, strategic partnerships, and NorthStar 2030 strategy implementation.

Previously, Lademan spent 15 years at BAE Systems, where she led U.S. strategy and planning at the enterprise level. She also held leadership positions at The Avascent Group and CSP Associates. Lademan is a former president of Women in Aerospace and holds degrees from George Washington University and the University of Central Florida.

Leidos, headquartered in Reston, Virginia, employs 48,000 people globally and reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025.

Leidos has successfully completed a guided flight test of their Small Cruise Missile (SCM), dubbed Black Arrow, from an AC-130J aircraft. The test demonstrated the missile's compatibility, system performance, and integration with the Naval Surface Warfare Center Battle Management System.

The Black Arrow is a 200-lb class mission adaptable delivery platform designed for both kinetic and non-kinetic missions. The test was conducted under a Collaborative Research and Development agreement between Leidos, USSOCOM, and AFSOC.

The missile can be launched through various methods, including from C-130 ramp via custom Ramp Launch Tube, palletized launch, and conventional store release from fixed-wing aircraft. Leidos is currently under contract with USSOCOM to continue test and evaluation activities throughout 2025.

Leidos (NYSE:LDOS) has appointed Adam Clarke as the new chief executive of Leidos U.K. & Europe, effective March 31, 2025. Clarke brings over 20 years of experience in aerospace, defence and security sectors, replacing Eric Freeman who will return to the U.S. after facilitating the transition.

Clarke previously served as U.K. managing director for Leonardo's helicopters division and held various senior positions during his two-decade tenure there, including strategy and competitive analysis director for the electronics division. He holds a master's degree in manufacturing engineering and operations management from the University of Nottingham and an MBA from INSEAD Business School.

According to Vicki Schmanske, Leidos Commercial & International Sector president, Clarke's appointment aligns with the company's focus on programme excellence and strategic growth for their U.K. operations, particularly in defence logistics modernization and mission software development.

Hampton University has appointed four distinguished executives to its Board of Trustees, including Gerard 'Gerry' Fasano, Executive Vice President and Chief Growth Officer at Leidos (NYSE: LDOS). The other appointees are Pleasant Brodnax III, Rashida Jones, and David B. Stith.

Notably, Fasano previously served as EVP and President of Leidos Defense Group, where he led 13,000 employees and drove $4.5 billion in revenue, achieving 10% year-over-year growth, managing a $60 billion pipeline, and securing $50 billion in new business awards. His expertise in strategic innovation, defense solutions, and corporate expansion will contribute to Hampton's growth in STEM, business, and defense-related fields.

Leidos (NYSE:LDOS) has achieved recognition as one of the World's Most Ethical Companies® for the eighth consecutive year, as announced by Ethisphere. The company stands as one of only two honorees in the Information Technology category for 2025.

The recognition is based on Ethisphere's Ethics Quotient® assessment, which evaluates companies across more than 240 proof points related to ethics, compliance, governance, environmental and social impact, and value chain initiatives. Leidos, headquartered in Reston, Virginia, operates with 48,000 global employees and reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025.

The company's ethical foundation is built on its Code of Conduct, which guides employees in maintaining high ethical standards in daily operations. In 2025, a total of 136 companies across 19 countries and 44 industries received this prestigious recognition.