STOCK TITAN

Leidos and Sky Solutions launch Purple Sky joint venture to accelerate federal digital transformation

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
partnership

Leidos (NYSE:LDOS) and Sky Solutions have established Purple Sky, LLC, a strategic joint venture aimed at accelerating federal health agencies' digital transformation. The partnership combines Leidos' expertise in large-scale technology deployment with Sky Solutions' proficiency in low-code/no-code platform development.

The venture will focus on delivering advanced digital services, leveraging technologies including cloud computing, AI, and cybersecurity. Solutions will be accessible through the General Services Administration multiple award schedule, facilitating the implementation of modern technology solutions for federal agencies.

Loading...
Loading translation...

Positive

  • Strategic joint venture formation combining complementary strengths in federal technology solutions
  • Access to General Services Administration multiple award schedule for easier government contracting
  • Expansion into federal health agency digital transformation market

Negative

  • None.

News Market Reaction

+0.15%
1 alert
+0.15% News Effect

On the day this news was published, LDOS gained 0.15%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

RESTON, Va., Sept. 24, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) and Sky Solutions recently formed Purple Sky, LLC, a joint venture focused on helping federal health agencies deliver better outcomes for people using government services.

Purple Sky's customer priorities include delivering advanced digital services to help federal agencies upgrade technology, improve access to data, and strengthen mission outcomes, especially in health, human services, and benefits delivery. Its approach is designed to help agencies to operate more quickly, with fewer errors, and build public trust.  

"Our goal is to help government agencies modernize with confidence by combining innovation with the security, scale and reliability the federal mission demands," said Milad Bahrami, senior vice president of Health Solutions at Leidos.

The joint venture will leverage both companies' expertise in cloud, AI, and cybersecurity while combining the proven experience Leidos has deploying large-scale technology solutions with Sky Solutions' strengths in low-code/no-code platform development to help federal customers meet their missions on time and on budget.

"This partnership is about solving real-world problems," said Anil Boinapalli, CEO of Sky Solutions. "The name Purple Sky reflects our shared commitment to collaboration and unity, bringing together our strengths to deliver secure, scalable solutions that help agencies and the communities they serve."

Agencies can access these solutions through the General Services Administration multiple award schedule, making it easier to implement modern technology like AI, cloud systems and automated processes.

About Purple Sky

Purple Sky, LLC, is a joint venture between Leidos and Sky Solutions under the SBA Mentor-Protégé program. As a certified SBA 8(a) small business, it combines Leidos' experience with Sky Solutions' expertise in cloud, AI, and cybersecurity. Purple Sky helps federal agencies modernize technology, improve services and meet mission goals through secure, scalable solutions accessible via the GSA Multiple Award Schedule. For more information, visit www.purplesky.com.

About Sky Solutions 

Sky Solutions is a digital technology firm focused on helping clients modernize their systems through AI, cloud technology and cybersecurity. Specializing in services such as artificial intelligence (AI)/machine learning (ML), agile development and low-code/no-code applications, Sky Solutions helps organizations reduce timelines, improve outcomes and stay ahead of evolving cybersecurity threats. The firm's experts support public sector agencies and commercial enterprises in government, financial services and healthcare. For more information, visit www.skysolutions.com.   

About Leidos 

Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 47,000 global employees, Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025. For more information, visit www.Leidos.com.      

Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended January 3, 2025, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. 

Contact: 

Brandon Ver Velde 
(571) 526-6257  
brandon.p.vervelde@leidos.com   

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/leidos-and-sky-solutions-launch-purple-sky-joint-venture-to-accelerate-federal-digital-transformation-302564951.html

SOURCE Leidos Holdings, Inc.

FAQ

What is the purpose of Leidos' Purple Sky joint venture with Sky Solutions?

Purple Sky is designed to help federal health agencies deliver better outcomes through digital transformation, focusing on upgrading technology, improving data access, and strengthening mission outcomes in health, human services, and benefits delivery.

What technologies will Purple Sky LLC focus on for federal agencies?

Purple Sky will leverage expertise in cloud computing, artificial intelligence, cybersecurity, and low-code/no-code platform development to deliver secure, scalable solutions.

How can federal agencies access Purple Sky's solutions?

Federal agencies can access Purple Sky's solutions through the General Services Administration multiple award schedule, facilitating easier implementation of modern technology solutions.

Who are the key leaders involved in the Leidos Purple Sky joint venture?

Key leaders include Milad Bahrami, senior vice president of Health Solutions at Leidos, and Anil Boinapalli, CEO of Sky Solutions.

What market segment does the Purple Sky joint venture target?

Purple Sky targets federal health agencies, focusing specifically on health, human services, and benefits delivery modernization.
Leidos Holdings

NYSE:LDOS

LDOS Rankings

LDOS Latest News

LDOS Latest SEC Filings

LDOS Stock Data

24.73B
127.06M
0.67%
80.12%
2.59%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States
RESTON