STOCK TITAN

Leidos and Sourcegraph to bring secure, AI-enabled software development to government customers

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
AI
Rhea-AI Summary
Leidos (LDOS) and Sourcegraph have formed an exclusive alliance to introduce AI-enabled software development tools to government customers. Leidos will leverage generative AI to provide new capabilities across many markets, even for the most sensitive customer missions. Sourcegraph's code graph powers Cody, the AI coding assistant, and Code Search, which helps developers explore their entire codebase and make large-scale migrations and security fixes.
Positive
  • None.
Negative
  • None.

The strategic alliance between Leidos and Sourcegraph represents a significant development in the field of AI-enabled software tools within the government sector. This collaboration aims to leverage generative AI to enhance software development, which could result in improved efficiency and security for government software projects. The partnership is likely to position Leidos favorably in terms of competitive advantage, given the increasing demand for innovative and secure software solutions in government operations.

From a market perspective, this could lead to increased interest from government clients seeking to modernize their IT infrastructure. The unique offering of a context-aware code platform indicates potential for market expansion and could impact Leidos' revenue streams positively. Furthermore, the emphasis on security and code integrity is crucial, as government agencies are particularly sensitive to these aspects due to the nature of their work.

The introduction of AI-enabled software development tools with a focus on security is a timely response to the growing sophistication of cyber threats. The alliance's emphasis on secure, generative AI tools like Cody and Code Search is indicative of the evolving landscape where security is no longer an afterthought but an integral part of the development process.

For stakeholders, this means an investment in a proactive approach to cybersecurity, which could minimize the risks associated with software vulnerabilities. As government systems often handle sensitive information, the ability to quickly identify and fix security flaws is paramount. The partnership could thus contribute to strengthening national cybersecurity infrastructure.

The collaboration between Leidos and Sourcegraph underscores the strategic importance of generative AI in software development. The use of AI coding assistants like Cody can transform the workflow of developers, allowing for rapid coding, troubleshooting and maintenance. This could lead to significant reductions in development time and cost, potentially increasing the productivity of government software developers.

Moreover, the ability to navigate and manage large codebases efficiently has long-term implications for software maintenance and scalability. As government agencies often operate with legacy systems, the integration of generative AI may facilitate the transition to more modern architectures while maintaining high standards of reliability and performance.

RESTON, Va., Feb. 8, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune 500® innovation company, and Sourcegraph, the leading code intelligence platform, today announced an exclusive alliance to introduce secure, generative AI-enabled software development tools to government customers.

Sourcegraph has spent the last ten years building its code graph, which powers Cody, the AI coding assistant for writing, fixing, and maintaining code, and Code Search, which helps developers explore their entire codebase and make large-scale migrations and security fixes. In seconds, developers can use these tools to answer technical questions, correct code, generate new code blocks, and more—no matter the code host, preferred large language model (LLM), or scale of the codebase.

Leidos rapidly delivers secure software across the federal government for missions ranging from military command and control to air traffic control systems; and including critical advances in machine learning algorithms, natural language processing, computer vision and predictive analytics. Through this new alliance, Leidos and Sourcegraph plan to leverage generative AI to provide new capabilities across many markets, even for the most sensitive customer missions.

"Leidos is committed to providing our customers with trusted mission AI tools that help them prepare for success in an increasingly complex and dynamic world," said Roy Stevens, Leidos National Security Sector President. "By creating this alliance with Sourcegraph, we are enhancing our capabilities with a context-aware code platform, that empowers Leidos and its customer developers to deliver purpose-built, mission software faster and more securely."

"Leidos and Sourcegraph both understand the potential for AI in software development for the companies that embrace it early on, especially in the government sector," said Quinn Slack, CEO and co-founder of Sourcegraph. "Leidos' deep software, AI, and market expertise, paired with Cody's flexibility and powerful understanding of the codebase, means even the largest, most sophisticated organizations can harness the power of AI coding assistants to seamlessly navigate complex codebases, identify vulnerabilities, and support the highest standards of code integrity and security." 

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 December 30, 2022, 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.

About Leidos  

Leidos is a Fortune 500® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's global workforce of 47,000 collaborates to create smarter technology solutions for customers in heavily regulated industries. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $14.4 billion for the fiscal year ended December 30, 2022. For more information, visit www.leidos.com.

About Sourcegraph

Sourcegraph is a code intelligence platform: "software that builds software". Their code graph powers Cody, the most powerful and accurate code AI for writing, fixing, and maintaining code, and Code Search, helping devs explore their entire codebase and make large-scale migrations and security fixes. Sourcegraph's customers include 4/5 FAANG companies, 6/10 software companies in the world by market cap, government organizations, Uber, Plaid, and many other companies building the software that pushes the world forward. For more information, visit www.sourcegraph.com.

Media Contacts:     
Melissa Dueñas
(571) 526-6850
duenasml@leidos.com

Alyssa Pettus                                                                       
(571) 526-6743
alyssa.t.pettus@leidos.com 

Amie Rotherham
Amie.rotherham@sourcegraph.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/leidos-and-sourcegraph-to-bring-secure-ai-enabled-software-development-to-government-customers-302057684.html

SOURCE Leidos

Leidos and Sourcegraph have formed an exclusive alliance to introduce AI-enabled software development tools to government customers.

The ticker symbol for Leidos is LDOS.

Leidos plans to leverage generative AI to provide new capabilities across many markets, even for the most sensitive customer missions.

Sourcegraph's code graph powers Cody, the AI coding assistant, and Code Search, which helps developers explore their entire codebase and make large-scale migrations and security fixes.

Quinn Slack is the CEO and co-founder of Sourcegraph.
Leidos Holdings Inc

NYSE:LDOS

LDOS Rankings

LDOS Latest News

LDOS Stock Data

Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
Technology Services, Information Technology Services, Professional, Scientific, and Technical Services, Computer Systems Design Services
US
Reston

About LDOS

leidos is a science and technology solutions leader working to address some of the world’s toughest challenges in national security, health, and engineering. the company’s 22,000 employees support vital missions for our government and the commercial sector, develop innovative solutions to drive better outcomes, and defend our nation’s digital and physical infrastructure from ‘new world’ threats. leidos is headquartered in reston, va. and had approximately $6 billion in revenues for fiscal year 2013, on a pro forma basis, following the spin-off of the company’s technical, engineering and enterprise it business on sept. 27, 2013.