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Leidos Holdings, Inc. (NYSE: LDOS) delivers mission-critical technology and engineering solutions to defense, intelligence, and healthcare sectors. This news hub provides investors with essential updates about contract awards, strategic partnerships, and operational developments impacting this Fortune 500 leader.
Access timely press releases and analysis covering Leidos' defense modernization initiatives, cybersecurity advancements, and health IT innovations. Our curated collection helps stakeholders track progress in key areas like geospatial intelligence, digital transformation projects, and government contracting milestones.
Find updates on quarterly earnings, major Department of Defense contracts, and research breakthroughs in secure communications technology. All content is verified through primary sources to ensure accuracy for financial decision-making.
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Leidos Holdings, Inc. (NYSE: LDOS) has announced a quarterly cash dividend of $0.36 per share, payable on March 31, 2022, to stockholders of record by March 15, 2022. This dividend reflects the company’s commitment to returning value to its shareholders. Leidos, a Fortune 500 company, reported revenues of approximately $12.30 billion for the fiscal year ending January 1, 2021. With a workforce of about 43,000 employees, Leidos continues to address significant challenges across various sectors including defense and health.
Leidos (NYSE: LDOS) has secured a prime contract worth $104 million from the U.S. Army to modernize its gunnery training simulation systems. This indefinite delivery, indefinite quantity contract spans five years and will be executed in Orlando, Florida. The project aims to enhance the training capabilities for warfighters through technology updates to existing simulators, which connect weaponry to virtual systems. The news underscores Leidos' ongoing commitment to support the Army's training missions.
Leidos (NYSE: LDOS) will join the Cowen 43rd Annual Aerospace/Defense & Industrials Conference on February 8, 2022, at 1:30 PM ET. The CEO, Roger Krone, will engage in a fireside chat during the event. A live audio webcast will be available on Leidos' Investor Relations website, with a replay accessible for 90 days afterward. Leidos, a FORTUNE 500® company, reported approximately $12.30 billion in revenues for FY ending January 1, 2021, and is headquartered in Reston, VA.
The Leidos Partnership for Defense Health announced the successful deployment of the MHS GENESIS electronic health record system to over 19,000 clinicians in Texas, marking its largest deployment yet across 100 locations. This system is operational at over 1,300 locations with roughly 85,000 active users. The initiative has remained on schedule and budget despite COVID-19 challenges. Full deployment is expected by the end of 2023, serving to enhance healthcare delivery in military settings.
Leidos (NYSE: LDOS) has announced a conference call for February 15, 2022, at 8 a.m. (ET) to report its financial results for the fourth quarter and full year 2021, ending December 31, 2021. The earnings press release will precede the call on the same day. Interested parties can listen live via the internet or by telephone. The replay of the call will be available from 11:30 a.m. (ET) on February 15 through February 22, 2022.
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.
