Leidos Holdings, Inc. - LDOS STOCK NEWS

Welcome to our dedicated page for Leidos Holdings news (Ticker: LDOS), a resource for investors and traders seeking the latest updates and insights on Leidos Holdings stock.

Leidos Holdings, Inc. (NYSE: LDOS) is a leading science and technology company that provides services and solutions in defense, intelligence, civil, and health markets. Headquartered in Reston, Virginia, Leidos leverages the expertise of its 47,000 employees to tackle some of the world's most pressing challenges. The company is divided into several segments, each catering to specific industries:

• National Security and Digital: Focuses on cyber, logistics, security operations, and digital transformation for defense and intelligence customers.
• Health & Civil: Delivers public health solutions, care coordination, and environmental sciences services.
• Commercial & International: Covers security enterprise solutions, commercial energy offerings, and international business.
• Defense Systems: Develops advanced space, aerial, surface, and subsurface defense systems.

Leidos reported revenues of approximately $15.4 billion for the fiscal year ending December 29, 2023. The company’s recent projects include:

• Development of C2IMERA: An advanced command and control tool for the U.S. Air Force.
• MHS GENESIS Deployment: A federal electronic health record system implemented across all Department of Defense garrison facilities.
• Mayhem Hypersonic System: Advancing air-breathing hypersonic technologies through a collaborative national team effort.

Financially, Leidos had a strong 2023 with revenues up by 7%, achieving a record net income margin of 7.1% in the first quarter of 2024. The company remains committed to innovation, operational efficiency, and addressing emerging threats in national security and health.