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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.
Leidos (NYSE: LDOS) has appointed Thomas J. Downey as executive vice president, chief communications and marketing officer, effective Oct. 7. Downey, who brings 31 years of industry experience from Boeing and McDonnell Douglas, will report directly to Leidos CEO Tom Bell. In his new role, Downey will oversee all aspects of the company's internal and external communications and marketing functions, as well as integrate the government affairs team to ensure consistent messaging across all constituencies.
Leidos CEO Tom Bell expressed enthusiasm about Downey's appointment, citing his professional excellence and expertise in building a world-class brand. Downey's extensive background includes various positions in communications, community relations, business development, and legislative affairs. He is a graduate of Saint Louis University, served as a public affairs officer in the U.S. Navy Reserve, and worked on Capitol Hill as a Brookings Institution Congressional Fellow.
Leidos (NYSE: LDOS) has announced significant progress in its Small Cruise Missile (SCM) program, nicknamed 'Black Arrow'. The SCM has successfully completed captive carry and store safe separation flight tests, paving the way for guided flight tests from a U.S. Air Force Special Operations Command aircraft this fall. The tests, conducted in December 2023, confirmed digital twin predictions and demonstrated integration with the NSWC Battle Management System.
Leidos initiated the SCM design in 2021 and signed a Cooperative Research and Development Agreement with U.S. Special Operations Command in 2022. The SCM is designed as a low-cost, service-common, mission-adaptable 'delivery platform' for both kinetic and non-kinetic missions. Leidos is leveraging advanced technologies and practices, including model-based systems engineering and AI optimization, to support the timely and cost-effective development of the SCM.
Leidos (NYSE:LDOS) has been awarded the National Healthcare Safety Network (NHSN) Development, Maintenance, Support, and Modernization contract by the CDC's National Center for Emerging and Zoonotic Infectious Diseases. The contract, valued at $51 million over five years, involves Leidos leveraging its data management and mission software expertise to maintain and enhance the NHSN platform.
NHSN is a critical system that serves nearly all U.S. healthcare facilities, including hospitals, nursing homes, and dialysis centers. It facilitates electronic messaging from health records, informs infection prevention, monitors healthcare system capacity, tracks vaccination uptake, and helps prevent the spread of threats like COVID-19 and antimicrobial-resistant infections.
Leidos will work on advancing and modernizing the NHSN application, which currently empowers over 160,000 users at more than 38,000 facilities with reliable data, driving improvements in patient outcomes and system efficiency.
Leidos (NYSE: LDOS), a FORTUNE 500® innovation leader, has announced its upcoming third quarter 2024 earnings conference call scheduled for Tuesday, Oct. 29, 2024, at 8 a.m. (ET). The company will release its quarterly earnings press release before the conference call on the same day. The financial results will cover the period ending Sept. 27, 2024.
Investors and interested parties can access the live and replay audio broadcast of the conference call, along with the press release, presentation materials, and supplemental information, on the Leidos Investor Relations website at http://ir.leidos.com. A telephone option for listening to the call is also available. The archived version of the webcast will remain accessible on the company's website until Oct. 29, 2025.
Lunar Outpost has announced that Leidos (NYSE:LDOS) has joined the Lunar Dawn team to develop a human-rated Moon rover for NASA's Lunar Terrain Vehicle Services (LTVS) contract. Leidos will focus on crew health and safety, mission assurance, systems engineering, operations, and integration planning. The Lunar Dawn team, led by Lunar Outpost, includes General Motors, Goodyear, and MDA Space.
Leidos brings 50 years of experience in deep space exploration and human spaceflight, having worked closely with NASA on human-rated programs. The Lunar Terrain Vehicle (LTV) is an unpressurized rover designed to extend astronauts' exploration range on the lunar surface. When not in use by NASA, the LTV will provide commercial services, contributing to a more sustainable cislunar economy.
Leidos (NYSE: LDOS) has appointed Tina Jonas to its Board of Directors, effective September 25, 2024. Jonas, an expert in military, defense, and aerospace issues, will also join the Board's Audit and Finance Committee. With over 20 years of experience in the federal government, including roles as Undersecretary of Defense (Comptroller) and FBI CFO, Jonas brings valuable insights to Leidos. Her extensive background in transformational leadership, strategy, and finance in both government and commercial sectors is expected to drive innovation and growth for the organization.
Leidos CEO Tom Bell and Chair Bob Shapard expressed confidence in Jonas' ability to contribute to the company's mission support and strategic vision. Jonas' appointment comes with a wealth of experience from her executive positions in the aerospace and defense industry, as well as her current board memberships at Virgin Galactic Holdings and Centrus Energy
Leidos, a global technology company, announced the winners of its 2024 Supplier Innovation & Technology Awards at their annual symposium. The awards recognize suppliers for excellence in technology, collaboration, partnership, and innovation. Amazon Web Services won Alliance Partner of the Year, while Sourcegraph received the Innovation Partner of the Year award. Carahsoft was named Channel Partner of the Year, and Government Acquisitions, Inc. (GAI) won Small Business Channel Partner of the Year. Rancher Government took home the Emerging Technology Partner of the Year award.
Two individual awards were also presented: Aaron Cooperman of Carahsoft and Edwin Van Deursen of Amazon Web Services were recognized as Channel Partner and OEM Account Managers of the Year, respectively. Stephanie Foster, Leidos' chief supply chain officer, emphasized the critical role of partners in mission success and the company's commitment to delivering the best solutions to customers.
Leidos (NYSE:LDOS) has successfully conducted intercepts of Unmanned Aircraft System (UAS) and Cruise Missile (CM) test targets with the Indirect Fire Protection Capability Increment 2 (IFPC Inc 2) system. The demonstration showcased the system's ability to detect, track, engage, and intercept UAS and CM targets using a surface-launched AIM-9X missile. The test integrated various systems, including the Integrated Battle Command System (IBCS), Sentinel A3, and Missile Datalink.
Additionally, Leidos was awarded a contract by the U.S. Army Contracting Command – Redstone Arsenal for additional hardware assets to support the Army's Enduring IFPC Initial Operational Test and Evaluation (IOT&E). The hardware includes upgrades to the missile remote communications link and software, supporting the Army's Integrated Air and Missile Defense architecture.
Leidos (NYSE:LDOS) has been awarded a $51 million contract by the CDC to modernize the National Healthcare Safety Network (NHSN) over a five-year period. The company will leverage its data management and mission software expertise to enhance the NHSN platform, which is important for patient safety and healthcare delivery across the U.S.
Since 2003, Leidos' collaboration with the CDC has supported over 160,000 users at more than 38,000 facilities. The NHSN facilitates electronic messaging from health records, informs infection prevention, monitors healthcare system capacity, tracks vaccination uptake, and helps prevent the spread of threats like COVID-19 and antimicrobial-resistant infections.
This contract extends Leidos' support in providing critical data to understand prevention efforts and practices in healthcare, ultimately determining the quality and safety of care delivered in U.S. healthcare facilities.
Leidos (NYSE:LDOS) has been awarded a $51 million contract by the Space Systems Command to enhance missile warning capabilities for the Combatant Commanders Integrated Command and Control Systems (CCIC2S). The contract, with a base period of 54 months, involves providing mission software and technology-enabled services.
Leidos will focus on Model Based Systems Engineering, Development/Security/Operations, software integration, and deployment. These efforts aim to process non-traditional data sources and advance the fusion of weapons systems data, improving the accuracy of missile warning and missile track systems. The company's expertise in sensing, sense-making, and decision support for national security space customers will be leveraged to enhance CCIC2S through open architecture solutions, faster system modifications, and reduced ownership costs.
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