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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 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.
Leidos has partnered with Career Returners in the UK to launch Leidos Create, a program supporting experienced STEM professionals returning to work after 2-12 years away. The initiative aims to remove the career break penalty for women who took extended breaks for family or caring reasons. The program focuses on roles in information systems, project management, supply chain and logistics, commercial and contracts, and risk and compliance.
Two success stories are highlighted: Kay Mercer, who returned as a supply chain analyst after 23 years, and Ajay Sahota, who transitioned to a benefits realisation manager role after a 10-year break. Both women received training, support, and flexible working arrangements. The program offers coaching sessions on self-introduction, goal-setting, networking, and career planning.
Leidos (NYSE: LDOS), a Fortune 500® innovation company, will participate in the Jefferies Industrials Conference in New York City. Chris Cage, Chief Financial Officer, will engage in a Q&A session on September 4, 2024, from 10:25 a.m. to 10:55 a.m. ET. A live audio webcast will be available on the Leidos Investor Relations website, with a replay accessible for 30 days afterward.
Leidos is a global workforce of 48,000 employees focusing on national security and health challenges. The company reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. Headquartered in Reston, Virginia, Leidos creates smarter technology solutions for customers in heavily regulated industries.
Leidos (NYSE: LDOS) has been awarded the eRA Agile Software Development Support contract by the National Institutes of Health (NIH), with a maximum value of $326.5 million over five years if all options are exercised. The contract involves providing agile software development and design services to support eRA and other NIH Office of Extramural Research systems.
Leidos will leverage its expertise to deliver a modern, efficient, and secure grants management platform for NIH and various agencies. The contract includes developing and maintaining eRA, NIH's customized enterprise-wide grants management system, which handles over $40 billion annually in research and non-research grants for more than 62,000 institutions worldwide.
Leidos (NYSE:LDOS) has achieved a significant milestone with its Pro:Vision© 3 people screening system receiving the EU Standard 2.1 certification from the European Civil Aviation Conference (ECAC). This certification is important for selling and operating security devices within the European Union. The Pro:Vision 3, commercially released in 2023, features advanced wideband millimeter wave technology and deep learning AI algorithms, improving detection capabilities and reducing false alarm rates.
The system offers a more comfortable hands-down pose and gender-neutral screening, enhancing airport checkpoint operations and increasing throughput. This achievement underscores Leidos' commitment to maintaining high performance standards in security technologies and strengthens its position in the aviation security market.
Leidos (NYSE:LDOS) has been awarded an $86.4 million contract by the National Geospatial-Intelligence Agency (NGA) for lifecycle management of existing and emerging analytics systems. The single-award, indefinite delivery, indefinite quantity (IDIQ) contract, named Chinook, has a five-year performance period. Leidos will provide software development, systems engineering, integration, and operations and sustainment services for various systems including Commercial-Joint Mapping Tool Kit and Tearline open-source intelligence system. The company will employ DevSecOps practices and Zero Trust cybersecurity methodologies to maintain and enhance these systems, supporting NGA's geospatial intelligence analysts in their mission-critical tasks.
Leidos (NYSE: LDOS) has secured a $191 million contract from the Army Contracting Command – Aberdeen Proving Ground for integrated lifecycle software and management solutions. The contract, supporting the U.S. Army Communications Electronics Command, has a five-year performance period with a six-month extension option.
The work involves providing cyber-hardened software and systems engineering, technical services, and software integration. Leidos will support over seven mission software systems, including the Advanced Field Artillery Tactical Data System (AFATDS), Joint Automated Deep Operations Coordination System (JADOCS), and AN/TPQ-53 Multi-Mission Radar.
Roy Stevens, Leidos National Security Sector President, emphasized the importance of software systems capable of incremental modernization to counter near-peer threats and support the Army's vision for 2030 and beyond.
Leidos (NYSE:LDOS) has announced the addition of Curtiss-Wright to its Alliance Partner Network (LAPN) as a Technology Partner. This collaboration aims to enhance capabilities in addressing high-performance compute, networking, and environmental challenges in extreme aerospace and defense applications. The partnership leverages Curtiss-Wright's expertise in developing advanced, highly engineered products and precision components, combined with Leidos' innovative technological solutions.
Doug Jones, Leidos' Senior VP of Defense Systems, emphasized the partnership's potential to set new standards of excellence in supporting evolving government needs. Brian Perry, Senior VP and GM at Curtiss-Wright Defense Solutions, expressed excitement about the collaboration's potential to produce state-of-the-art solutions for the defense industry. Leidos, a Fortune 500® innovation company, reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023, and employs a global workforce of 48,000.
Leidos celebrates Women in Engineering Day 2024 by highlighting the diverse career paths and shared passion of its female engineers. The article features insights from seven accomplished women in various engineering roles at Leidos, including:
- Allison Badgett, Signal Processing Engineer
- Minga Lee, VP and CTO of National Security Sector
- Katea Murray, VP and CTO of Mission Solutions
- Kathy Villani, Senior Manager of Engineering
- Mei Schieder, Data-Driven Operations Tenet Lead
- Christina Hill, VP of Digital Modernization Sector
- Gouthrekka Mahalingam, Engineering Manager
These women share their experiences, career advice, and insights on overcoming challenges in the field. Their stories emphasize the importance of resilience, continuous learning, and embracing diversity in engineering.
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