Leidos Holdings, Inc. - LDOS STOCK NEWS

Leidos (NYSE: LDOS), a leading technology and engineering company, will join the J.P. Morgan 2021 Virtual Industrials Conference. CEO Roger Krone is set to engage in a 'fireside chat' on March 16, 2021, at 3:40 p.m. ET. Investors can access a live audio webcast on the Leidos Investor Relations website, with a replay available for 30 days post-event. For the fiscal year ended January 1, 2021, Leidos reported revenues of approximately $12.30 billion. For more details, visit www.Leidos.com.

Leidos (LDOS) has secured a $22 million project agreement from the Defense Threat Reduction Agency (DTRA) to conduct clinical studies on COVID-19 therapeutics. This cost-plus-fixed-fee agreement spans 24 months and reinforces Leidos' commitment to combat the pandemic. The company will utilize a new clinical trial prototype for real-time data collection, enabling simultaneous studies of drug combinations to enhance treatment outcomes and military readiness. Collaboration with Personal Health Insights, Syneos Health, and SCOPE International aims to optimize trial efficiency and patient safety monitoring.

Leidos Holdings, Inc. (NYSE: LDOS) announced robust fourth quarter and fiscal year 2020 results, achieving record revenues of $3.25 billion for Q4, up 10.1% year-over-year. The company reported a non-GAAP diluted EPS of $1.63 for the quarter, compared to $1.51 a year earlier. Fiscal year revenues reached $12.30 billion, a 10.8% increase. Notably, Leidos has a backlog of $31.9 billion and plans to acquire Gibbs & Cox, a maritime engineering firm, for $380 million. For 2021, the company expects revenues between $13.7 billion and $14.1 billion, with non-GAAP diluted EPS guidance of $6.15 to $6.45.

Leidos Holdings, Inc. (NYSE: LDOS) has declared a quarterly cash dividend of $0.34 per share, payable on March 31, 2021. Stockholders of record as of March 15, 2021 will receive this dividend. Leidos, a leading provider of information technology and engineering solutions, reported annual revenues of approximately $11.09 billion for the fiscal year ending January 3, 2020. The company plays a crucial role in addressing challenges in defense, intelligence, and health markets.

Leidos announced that its CEO, Roger A. Krone, was elected to the National Academy of Engineering on February 9, 2021. This prestigious recognition highlights Krone's exceptional technical leadership in engineering and advancements in aerospace and information technology. Membership is granted to individuals with significant achievements in engineering fields. Krone will be inducted on October 3, 2021. Leidos, headquartered in Reston, Virginia, reported annual revenues of approximately $11.09 billion for the fiscal year ending January 3, 2020.

Leidos (NYSE:LDOS) has secured a prime contract valued at $162 million from the Federal Trade Commission (FTC) to continue its work on the Sentinel Network Services (SNS) program. This single-award, firm fixed-price task order includes a one-year base period with nine extension options. The SNS platform facilitates the processing of over 9 million consumer complaints annually, providing law enforcement with real-time data to enhance consumer protection efforts against deceptive practices.

Leidos (NYSE: LDOS), a leading science and technology company, will participate in Citi's 2021 Global Industrials Virtual Conference on February 17, 2021. CFO Jim Reagan is scheduled for a live question and answer session at 1:50 p.m. ET. Interested parties can access the live audio webcast through the Leidos Investor Relations website, where a replay will also be available for one year. In 2020, Leidos reported annual revenues of approximately $11.09 billion and employs around 38,000 individuals.

Leidos (NYSE: LDOS), a FORTUNE 500® company, will participate in the Barclays Industrial Select Conference on February 16, 2021, at 1:30 p.m. ET. Jim Reagan, Chief Financial Officer, will engage in a question-and-answer "fireside chat." A live audio webcast will be accessible on the Leidos Investor Relations website, with a replay available for one year. Leidos reported approximately $11.09 billion in annual revenues for the fiscal year ending January 3, 2020, and employs around 38,000 individuals to support critical missions in defense, intelligence, and health sectors.