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Overview of Leidos Holdings, Inc.
Leidos Holdings, Inc. (NYSE: LDOS) is a Fortune 500 technology, engineering, and science company that delivers comprehensive solutions for some of the nation's most complex challenges. Leveraging its deep expertise in defense, intelligence, and health, the company provides integrated services and innovative digital solutions that support national security, modernize critical infrastructures, and enhance health outcomes. With extensive experience partnering with U.S. government agencies and commercial entities, Leidos is at the forefront of advancing cybersecurity, digital modernization, geospatial intelligence, and mission-critical IT transformation.
Core Business Segments
Leidos organizes its operations into three primary segments, each addressing key market requirements:
- Defense Solutions: This segment supplies cutting-edge technologies and services that help secure national defense and intelligence missions. By delivering advanced cybersecurity measures, digital transformation initiatives, and secure communications, Leidos ensures that defense agencies maintain resilient infrastructures.
- Civil Sector: Focused on supporting public institutions, the Civil segment provides innovative engineering and digital services to state and local government agencies. These solutions are designed to optimize IT systems, enhance public safety, and improve operational efficiencies in heavily regulated industries.
- Health Services: In the health domain, Leidos develops and implements technology-driven solutions that enhance patient care, streamline clinical research, and support robust health infrastructures. The company collaborates with prominent health agencies to deliver managed health services and clinical innovations that drive better health outcomes.
Industry-Leading Capabilities
Leidos is recognized for its commitment to technological innovation and operational excellence. Some of the key factors that underline its industry authority include:
- Digital Modernization: Continuous integration of advanced IT systems and secure communications enhances both digital and physical infrastructure resilience.
- Cybersecurity & Data Integrity: The company delivers robust cybersecurity solutions, emphasizing secure cryptographic key management and zero trust architectures that safeguard sensitive data.
- Geospatial & Intelligence Services: Through precision geospatial intelligence and comprehensive topographic data analysis, Leidos equips government agencies with the information necessary for critical decision-making.
- Collaborative Innovation: By partnering with cutting-edge technology providers and utilizing open architecture frameworks, Leidos continuously refines its product offerings and operational strategies.
Market Position and Competitive Edge
Positioned within the competitive landscape of defense and health technology, Leidos distinguishes itself through:
- Proven Track Record: With decades of experience in supporting key government missions, Leidos has developed a reputation for reliability and technical prowess.
- Integrated Solutions: Its integrated service model across defense, civil, and health sectors ensures a holistic approach to solving complex challenges.
- Expert Workforce: The company's deep bench of technical professionals and domain experts drives innovative project delivery and enhances client trust.
Commitment to Innovation and Excellence
Leidos is dedicated to providing mission-critical solutions that not only solve today's challenges but also lay a robust foundation for ongoing technological innovation. Its strategy is built on enhancing operational efficiency, ensuring the integrity of digital infrastructures and defending national assets from emerging threats. By continuously upgrading its technology portfolio and collaborating with industry partners, Leidos remains a trusted name in delivering sophisticated solutions to complex problems.
Conclusion
The company's multi-faceted business model, extensive experience, and unwavering commitment to excellence make it a significant player in the defense, civil, and health sectors. Investors and stakeholders seeking a comprehensive understanding of a company that bridges technology with practical solutions will find Leidos Holdings, Inc. to be a prime example of enduring innovation and meticulous execution.
Leidos (NYSE:LDOS) has formed a strategic partnership with the University of Edinburgh to advance AI and data science solutions through the university's Bayes Centre. The collaboration aims to address challenges in environmental, civil, healthcare, and national security sectors by combining Leidos' Trusted Mission AI solutions with the university's research expertise. The partnership will provide access to a talent pool of over 45,000 students through internships and joint projects. The Bayes Centre, a £45M innovation hub, houses around 500 academics, students, and industry partners working on AI and data science initiatives.
Leidos (NYSE:LDOS) has secured a contract to modernize the Organ Procurement and Transplant Network (OPTN). The $235 million contract, awarded by the U.S. Department of Health and Human Services, includes a one-year base period with four one-year options. The project aims to improve the system that delivers organ transplant information to patients, donors, and healthcare providers.
As part of this multiple-award contract, Leidos will compete with other vendors to modernize key aspects of the organ transplant system, focusing on enhancing transparency, performance, governance, and efficiency. The initiative will benefit over 100,000 people on the national organ transplant waitlist and represents the most significant OPTN reforms in nearly 40 years.
Leidos has released its 15th annual sustainability report for 2023, highlighting the company's progress in environmental, social, and governance initiatives. The report, aligned with Global Reporting Initiative Standards, focuses on three key areas: cultivating inclusion, advancing environmental sustainability, and promoting healthier lives.
Key achievements include continuous reduction of scope 1 and 2 emissions since 2010, hiring over 2,200 veterans and military spouses, and maintaining strong community engagement through volunteerism and philanthropy. CEO Tom Bell emphasized that sustainability principles are integrated throughout Leidos's operations, programs, and decision-making processes.
Leidos (NYSE:LDOS) has secured a new contract to modernize the Organ Procurement and Transplant Network (OPTN), awarded by the U.S. Department of Health and Human Services. The multiple-award contract has a potential value of $235 million, including a one-year base period and four one-year options.
The company will compete with other vendors to modernize key aspects of the organ transplant system, aiming to improve transparency, performance, governance, and efficiency. This initiative will benefit over 100,000 people on the national organ transplant waitlist and represents the most significant OPTN reforms in nearly 40 years.
Leidos (NYSE:LDOS) has secured a new $93 million Technical Assistance for Repairables Processing (TARP) contract from the Naval Supply Systems Command Fleet Logistics Center. The contract includes a one-year base period with four one-year options and a six-month option. Under this contract, Leidos will develop a business intelligence dashboard and provide global field representatives to train U.S. Navy personnel on Reverse Supply Chain operations, including proper packaging of military assets and use of the electronic Retrograde Management System. This marks Leidos' seventh TARP program contract since 2000.
Leidos (LDOS) reported strong Q3 2024 results with revenues of $4.2 billion, up 7% year-over-year. Net income reached $362 million ($2.68 per diluted share), with a record adjusted EBITDA margin of 14.2%. The company achieved substantial net bookings of $8.1 billion with a book-to-bill ratio of 1.9. Based on strong performance, Leidos raised its FY2024 guidance, projecting revenues of $16.35-16.45 billion and non-GAAP diluted EPS of $9.80-$10.00. The company demonstrated robust cash flow generation with $656 million from operations and returned $254 million to shareholders through dividends and share repurchases.
Leidos Holdings (NYSE:LDOS) has announced a 5.3% increase in its quarterly cash dividend to $0.40 per share, up from the previous $0.38. The dividend will be paid on December 31, 2024, to stockholders of record as of December 16, 2024. Leidos, a Fortune 500® innovation company focused on national security and health solutions, employs 48,000 people globally and reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023.
Leidos (NYSE:LDOS) has received a success memorandum from the Defense Innovation Unit (DIU) for completing key milestones in its Electric Vehicle Charging as a Service (EV CaaS) prototype for the Department of Air Force. The company becomes the sole vendor authorized to provide a FedRAMP-accredited budget-neutral EV CaaS solution for the Department of Defense and U.S. government. Leidos completed initial prototype milestones in under a year at three Air Force bases and was awarded its first production agreement for Edwards Air Force Base. The solution includes make-ready infrastructure, cybersecure EV charging facilities, and a budget-neutral business model.
Leidos (NYSE:LDOS) has been awarded a $331 million contract to modernize the U.S. Army's network, aligning with the Army's Network Modernization Strategy and Unified Network Plan. The contract, awarded by the Army Program Executive Office for Command, Control and Communications-Tactical Global Enterprise Network Modernization-OCONUS, has a one-year base period with four one-year options.
Leidos will deploy the Army's Global Unified Network (AGUN), which utilizes Software Defined Network technologies and supports the transition to a Zero Trust Architecture. This initiative aims to deliver a standardized, orchestrated modern network architecture, enhancing interoperability and security across all operational levels.
The project will make applications, data, and enterprise services accessible, trusted, and interoperable globally, supporting the Army's divestiture of Joint Regional Security Stacks.
Leidos, a Fortune 500® innovation leader, has reintroduced its counter-unmanned aerial system (C-UAS) solution under the new name AirShield™. This advanced system is designed to provide robust air defense while on the move, featuring both kinetic and non-kinetic effectors. AirShield offers comprehensive protection against unmanned aerial vehicles (UAVs) in dynamic operational environments.
Key features of AirShield include:
- Multi-layered system capable of autonomous operation
- Advanced threat assessment and multiple defense mechanisms
- Integration of AI for weapon-to-threat pairing
- Emphasis on cyber resiliency
Leidos plans to field AirShield prototypes with U.S. Southern Command in 2025 and is building a production line for future customer deliveries starting the same year.
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