Leidos Holdings - LDOS STOCK NEWS

On October 5, 2021, Leidos (NYSE:LDOS) recognized its suppliers at the 2021 Supplier Innovation & Technology Symposium. Awards included Alliance Partner of the Year going to Amazon Web Services, Innovation Partner of the Year awarded to Intel, and VAR of the Year to COLAMCO Inc.. The symposium celebrated suppliers for their role in enhancing Leidos' mission to create safer and more efficient solutions. Bob Gemmill, Senior VP at Leidos, highlighted the resilience and innovation of suppliers during challenging global supply chain dynamics.

Leidos (NYSE:LDOS) has secured a prime contract with U.S. Customs and Border Protection (CBP) for Low-Energy Portal systems, aimed at enhancing non-intrusive vehicle inspections at U.S.-Mexico border crossings. The contract has a ceiling value of $390 million, with an initial order worth $107 million. This project complements the previously awarded Multi-Energy Portal program, valued at $480 million, further expanding CBP's capabilities in securing borders against smuggling and illegal activities.

Leidos has secured a prime contract from DARPA for the Personalized Protective Biosystem program, aimed at enhancing defense against chemical and biological threats. This five-year, cost-plus-fixed-fee contract has a total ceiling value of $19.3 million. The project will develop lightweight protective equipment through an initiative called SPIDERMAN, which aims to provide effective defense without prior knowledge of the agents used. The program addresses the urgent need for adaptive personal protection highlighted by recent global health challenges.

Leidos (NYSE: LDOS) will hold its Investor Day on October 7, 2021, starting at 8:30 a.m. ET. The event, taking place in New York City, will feature presentations from executives, including Chairman and CEO Roger Krone and CFO Chris Cage, focusing on the company's vision, strategy, and multi-year financial outlook.

Investors can access the live webcast on Leidos' Investor Relations website, with a replay available for one year post-event. Leidos reported approximately $12.30 billion in annual revenues for the fiscal year ending January 1, 2021.

On Sept. 27, 2021, the Leidos Partnership for Defense Health announced the successful deployment of the MHS GENESIS electronic health record system to 4,800 clinicians across 130 locations in Hawaii. This deployment is part of a broader rollout that aims to cover the continental U.S. and overseas by the end of 2023. The system, currently operational at over 1,000 sites, serves approximately 65,000 users. The initiative showcases the commitment of healthcare professionals amid the COVID-19 pandemic, emphasizing patient-centered care and integrated health information systems.

Leidos (NYSE:LDOS) has secured a $65 million prime contract from the IRS to enhance paper tax filing systems. This contract entails software engineering support for the Integrated Submission and Remittance Processing System (ISRP) and the Service Center Recognition Image Processing System (SCRIPS) aimed at improving efficiency and ensuring uninterrupted operation. Leidos has a decade-long history of supporting IRS operations, which underscores its commitment to optimizing taxpayer services. The announcement highlights Leidos's ongoing role in federal systems support, showcasing its impact on taxpayer information security.

Leidos (NYSE: LDOS) announced its participation in the Morgan Stanley Virtual 9th Annual Laguna Conference on Sept. 15, 2021, at 2:15 p.m. ET. Chief Financial Officer Chris Cage will lead a fireside chat during the event. Investors can access a live audio webcast on the Leidos Investor Relations website, with replays available for 90 days post-event. Leidos, headquartered in Reston, Va., reported annual revenues of approximately $12.30 billion for fiscal year ending January 1, 2021.

On Aug. 30, 2021, Leidos (NYSE: LDOS) announced a $1 million donation to support the construction of a new academic facility for the Alabama School of Cyber Technology and Engineering (ASCTE) in Huntsville, Alabama. This investment aims to enhance STEM education for students statewide and contribute to workforce development in high-demand fields. ASCTE, the nation's only high school integrating cyber technology and engineering across all disciplines, promotes a diverse student body, including significant representation of females and African American students.

Leidos (NYSE:LDOS) has been awarded the Fully Integrated Lifecycle Mission Support Services 2 (FILMSS 2) contract by NASA for approximately $270 million. This includes a two-year base period and three one-year options. The contract will focus on program management, engineering, and research support at NASA's Ames Research Center in California. Leidos will leverage its extensive capabilities across various research disciplines, including astrobiology and life sciences, continuing its 60-year support for NASA's missions.