Leidos Holdings - LDOS STOCK NEWS

Leidos has been awarded a $249 million contract by the Army Contract Command to enhance security at 92 additional Army and select Joint-Service installation access control points worldwide. The Automated Installation Entry (AIE) Next Generation contract has a six-year period of performance.

As the AIE prime contractor, Leidos has transformed the Army's enterprise Physical Access Control System to a fully extensible cloud-based solution with advanced biometrics modalities. The system is designed to expedite access control for authorized personnel and vehicles, validating identification credentials against authoritative and law enforcement databases.

Leidos will perform work on-site at Army and Joint-Service installations, with systems engineering and test activities primarily executed at their Edgewood, Maryland facility. The cloud deployment aims to provide near real-time updates to authentication requirements in response to changing force protection conditions.

Leidos (NYSE:LDOS), a Fortune 500® innovation leader, has appointed Leslie Fautsch as the new chief human resources officer. Fautsch will be responsible for supporting 48,000 Leidos employees worldwide and shaping the company's workforce strategy. With nearly 14 years of experience at Leidos, Fautsch has previously led enhancements to total rewards programs and redefined the human capital strategy. She has also held various HR leadership positions within the company, including overseeing compensation, benefits, and recognition programs.

Fautsch is a licensed attorney with a law degree from Marquette University and a bachelor's degree in government and public policy from the University of Notre Dame. Prior to joining Leidos, she served in employee relations, ethics, and HR management roles at another major aerospace company.

Leidos (NYSE: LDOS) has been awarded a $303 million contract by the Department of the Air Force (DAF) to oversee the Advanced Battle Management System - Digital Infrastructure (ABMS-DI) network. This contract, covering a three-year performance period with two option years, involves planning, analysis, and operations for the ABMS-DI network, a core component of the DAF Battle Network.

As the ABMS-DI network manager, Leidos will perform various management functions to support the successful standup of the Digital Infrastructure Network. This contract extends Leidos' collaborative role with the DAF in designing, developing, and deploying modern combined Joint All-Domain Command and Control capabilities for the Air Force and Space Force.

Leidos U.K. has released its Sustainability Report, outlining progress and targets to achieve net zero emissions by 2040. The report highlights a carbon reduction plan aligned with the Paris Agreement and limiting global warming to 1.5°C. Leidos U.K. has joined the Science Based Targets initiative (SBTi) to ensure accountability in setting greenhouse gas emissions reduction targets.

The company aims to drive sustainable improvements through partnerships with key organizations like the Home Office, Ministry of Defence, Metropolitan Police Service, and National Air Traffic Services. Leidos U.K. is committed to carbon reduction and environmental ethical business practices, implementing educational programs for employees and working on projects like the Logistics Commodities & Services Transformation programme for the Ministry of Defence.

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.