Welcome to our dedicated page for Leidos Holdings news (Ticker: LDOS), a resource for investors and traders seeking the latest updates and insights on Leidos Holdings stock.
Leidos Holdings, Inc. provides technology, engineering and mission-focused solutions for defense, intelligence, civil, health, commercial and international customers. News about LDOS commonly covers operating results, guidance, dividends, government contract awards, defense systems, digital modernization, health services, air traffic management, autonomous systems and work for U.S. federal agencies.
Company updates also include developments across the National Security & Digital, Health & Civil, Commercial & International and Defense Systems segments, as well as completed acquisitions, material partnerships and production programs such as air and missile defense launchers and secure mission systems.
Leidos (NYSE: LDOS) reported second-quarter 2026 revenues of $4.56 billion, up 7% year-over-year (4% organic), driven by defense tech, energy, air traffic management, and intelligence mission support. GAAP net income was $356 million with diluted EPS of $2.81, down 9% and 7% respectively, reflecting $29 million of acquisition, joint venture, and restructuring costs.
Non-GAAP net income was $413 million (down 1%), and non-GAAP diluted EPS rose 2% to $3.26. Adjusted EBITDA was $631 million, with a 13.8% margin versus 15.2% a year ago. Operating cash flow reached $793 million and free cash flow $761 million. Net bookings were $4.9 billion (book-to-bill 1.1), lifting backlog to $48.7 billion, including $10.2 billion funded.
Leidos raised full-year 2026 guidance: revenues to $18.20–$18.40 billion (from $18.00–$18.40 billion), non-GAAP EPS to $12.20–$12.50 (from $12.10–$12.50), and operating cash flow to about $1.85 billion. The company ended the quarter with $748 million in cash and $6.0 billion of debt.
Leidos (NYSE: LDOS) was selected by Sierra Space to provide flight-proven infrared sensing payloads, onboard digital signal-processing and mission support for the Accelerated Missile Defense Tranche 3 (AMDT3) Tracking Layer.
Sierra Space will integrate Leidos payloads into 18 missile warning and tracking satellites in low Earth orbit, supporting persistent detection of hypersonic and other advanced missile threats and contributing to the Golden Dome for America missile defense objectives.
Leidos (NYSE: LDOS) received a contract worth up to $64.8 million from the U.S. Office of Naval Intelligence to continue modernizing infrastructure supporting secure naval intelligence systems worldwide. The base contract runs one year with four option years and focuses on the Hopper Global Communications Center, enhancing operational reliability, secure information sharing and faster technology integration. According to Leidos, the work supports its NorthStar 2030 strategy by reinforcing growth pillars in cyber and mission & digital solutions while providing secure, resilient capabilities for U.S. national security.
Leidos (NYSE: LDOS) declared a quarterly cash dividend of $0.43 per common share, payable on September 30, 2026 to shareholders of record as of September 15, 2026. The board also authorized a new stock repurchase program for up to 20 million shares, replacing a fully used 2022 authorization.
CoreWeave (Nasdaq: CRWV) and Leidos (NYSE: LDOS) announced a collaboration to deliver secure, sovereign AI cloud services tailored to the U.S. Intelligence Community (IC) and Department of War (DoW). CoreWeave will provide its AI-native cloud platform, while Leidos will lead mission integration, secure architecture, cyber operations, data engineering, and customer delivery.
The partners plan to support classified AI cloud services, analyst augmentation, cyber AI ranges, synthetic data and simulation, and edge-to-cloud AI orchestration. According to the companies, CoreWeave expects to offer its platform from SCIF-accredited data centers, with architectures designed around federal security controls, model governance, data protection, and mission continuity. The effort builds on the launch of CoreWeave Federal, focused on U.S. government and Defense Industrial Base workloads. Leidos reported approximately $17.2 billion in 2025 fiscal-year revenue.
Leidos (NYSE: LDOS) introduced Parcata™, a proprietary AI-driven cybersecurity platform designed to autonomously find and fix software vulnerabilities in government and commercial environments. The model-agnostic tool uses multiple large language models to accelerate detection in first- and third-party code and can patch zero-day issues in real time. Developed by the Kudu Dynamics team and validated through DARPA's AI Cyber Challenge, Parcata has been tested in internal exercises and is currently being applied to Leidos code prior to deployment. Leidos said this work supports its NorthStar 2030 strategy focused on AI-enabled capabilities at operational scale.
Leidos (NYSE: LDOS) received a new task order from the U.S. Air Force's Air Combat Command (ACC) Acquisition Management and Integration Center to continue providing intelligence, surveillance and reconnaissance (ISR) operations support. The task order has a total potential value of about $717 million, including a one-year base period and four one-year options.
Work will be carried out at more than 35 locations in the U.S. and overseas, placing Leidos personnel alongside Air Force mission partners. Leidos, prime contractor on this mission since 2019, will deliver intelligence analysis, threat mitigation, ISR operations support, training and mission support services for ACC headquarters, Numbered Air Forces, centers and wings.
Leidos (NYSE: LDOS) announced it successfully demonstrated its Cyber and Electromagnetic Activities Resiliency System (CRS) during the Valiant Shield 2026 exercise in Guam, held June 22–July 2. CRS detected simulated cyber intrusions and unusual activity on tactical platforms and networks, giving operators real-time awareness of potential cyber threats to mission systems.
According to Leidos, CRS is designed for military environments where standard cybersecurity tools may lack visibility, providing earlier warning and clearer information so teams can respond before cyber issues disrupt operations. The demonstration supports Leidos’ NorthStar 2030 strategy focused on innovation, resilience and trusted mission solutions.
Leidos (NYSE: LDOS) is expanding its 10+ year relationship with ServiceNow (NYSE: NOW), deploying the ServiceNow AI Platform across its enterprise to support approximately 50,000 employees and enhance secure, efficient operations in FedRAMP environments. The deployment includes Now Assist, EmployeeWorks, HR Service Delivery, and AI Control Tower to unify IT, HR, and shared services on a single AI platform.
According to Leidos, projected outcomes from AI-driven workflows include more than $3 million in annual savings through faster Level 1 incident resolution, up to 60% autonomous IT ticket resolution with the potential to eliminate about 80,000 tickets annually, and a conversational AI front door for employee services to improve productivity and free staff for mission‑critical work.
Leidos (NYSE: LDOS) and DHL Supply Chain have formed a strategic alliance, branded the Logistics & Mission Support Alliance, to bid for the UK Ministry of Defence’s Future Defence Support Services (FDSS) programme. The partnership combines Leidos’ defence integration expertise with DHL’s global logistics scale to address future UK Defence logistics needs.
The alliance is designed to operate as a single, integrated team, leveraging global networks, infrastructure, surge capacity and advanced technologies such as artificial intelligence, data analytics and automation. According to Leidos, this approach aims to modernise Defence logistics, improve resilience, and provide more agile, visible and data‑driven support to the UK’s Armed Forces in complex and contested environments.