Leidos Holdings, Inc. - LDOS STOCK NEWS

Leidos (NYSE: LDOS) appointed Terry Phillips as its new Senior Vice President and Chief Security Officer. Phillips will oversee the Global Security Organization and ensure compliance with national security standards. His background includes serving as Executive Director of the Air Force's Office of Special Investigations, managing $30 billion in classified projects. Phillips holds master's degrees in Education Administration and National Resource Strategies, alongside a Bachelor's degree in mathematics. Leidos reported approximately $12.30 billion in revenue for the fiscal year ending January 1, 2021.

Leidos (NYSE: LDOS) announced a strategic investment in HawkEye 360, a leader in space-based radio frequency data and analytics. This collaboration aims to enhance geospatial intelligence solutions, increasing Leidos' capabilities in the National Security Space sector. The investment supports the development of advanced technological solutions for defense and intelligence communities, as well as addressing global challenges. With annual revenues of approximately $12.30 billion, Leidos continues to focus on creating transformative pathways for customers in various sectors.

Leidos (NYSE:LDOS) announced a partnership with 23XI Racing as a primary sponsor for NASCAR driver Bubba Wallace, starting in the 2022 season. The agreement highlights Leidos' commitment to inclusion and diversity in sports and will feature the company's branding on Wallace's No. 23 Toyota Camry TRD, debuting at the Circuit of the Americas on March 27, 2022. Leidos aims to leverage this partnership to enhance its brand visibility and connect with a broader audience.

Leidos (NYSE:LDOS) announced its award of the Priority Services Scientific, Engineering, and Technical Assistance (PS-SETA) contract, valued at approximately $61.5 million if all options are exercised. This single-award hybrid contract will support the U.S. Department of Homeland Security (DHS) Cybersecurity and Infrastructure Security Agency (CISA) over a nine-month base period with four additional one-year options. Leidos will provide critical technical expertise for emergency communications and telecommunications services, enhancing national security and emergency preparedness.

Leidos (NYSE: LDOS) has secured an $82 million prime contract with the U.S. Air Force to enhance its counter-small unmanned aerial system (C-sUAS) capabilities. The contract, awarded on December 13, 2021, includes a one-year base period and four one-year options. This initiative aims to improve detection, identification, tracking, and defeat of small unmanned aircraft systems through a range of maintenance and development tasks. The work will primarily occur at various locations in the continental U.S., supporting enhanced air base security and operational readiness.

Leidos (NYSE: LDOS) will participate in the Credit Suisse 9^th Annual Industrials Conference on December 2, 2021. Chris Cage, Chief Financial Officer, will conduct a question-and-answer session at 12:50 p.m. ET.

A live audio webcast of the event will be accessible on the Leidos Investor Relations website, with a replay available for one year post-event. Leidos, a leader in technology, engineering, and science solutions, reported approximately $12.30 billion in revenues for the fiscal year ending January 1, 2021.

Leidos (NYSE:LDOS) announced a new prime contract valued at $76 million with the Office of Child Support Enforcement (OCSE) under the Department of Health and Human Services. This contract, effective for approximately five years if all options are exercised, will continue the company's support for OCSE's Federal Parent Locater Service (FPLS). The contract, in place since 1996, aims to enhance child support enforcement capabilities across the nation. Work will primarily take place in Maryland.

Leidos (NYSE: LDOS) has secured a three-year contract (with an optional fourth year) worth up to £70M from the UK's MOD to enhance geospatial intelligence (GEOINT) through the PICASSO programme. This initiative aims to modernize and streamline the UK's defense capabilities by integrating legacy systems into a more efficient information environment. The contract focuses on improving service delivery, user experience, and transparency, while enabling informed decision-making for national security. Leidos plans to leverage its technical expertise to support these modernization efforts.