STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Leidos, Saudi Arabia's National Security Services to collaborate on security screening solutions

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

Leidos (NYSE:LDOS) has signed a memorandum of understanding with Saudi Arabia's National Security Services Company (SAFE) to collaborate on security screening technology for airports and ports of entry across Saudi Arabia. The agreement, signed on May 13, 2025, focuses on modernizing Saudi Arabia's security infrastructure through Leidos' screening solutions, including people and baggage scanners, explosive detection devices, and cargo screening systems.

The partnership will combine Leidos' technology with localized training and services to enhance threat detection capabilities. The agreement was formalized during the U.S-Saudi Investment Forum, coinciding with the U.S. President's visit to Saudi Arabia.

Loading...
Loading translation...

Positive

  • Strategic expansion into Saudi Arabian market through partnership with national security company
  • Potential revenue growth from modernizing Saudi Arabia's security infrastructure
  • Government-backed contract enhancing long-term business stability

Negative

  • None.

RESTON, Va., May 22, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) and Saudi Arabia's National Security Services Company (SAFE) will collaborate on security screening technology for airports and other ports of entry across the Kingdom under an agreement signed May 13.

The memorandum of understanding provides a framework for supporting the modernization of Saudi Arabia's security screening infrastructure. Through delivery of Leidos solutions coupled with localized training and services, the companies aim to improve threat detection capabilities such as people and baggage scanners, explosive detection devices, and rapid screening of cargo and vehicles.

"We're honored by the trust the Kingdom has in Leidos and grateful for this opportunity to collaborate with SAFE to deliver our technologies to some of the Kingdom's most critical points of entry and transit," said Michael Van Gelder, senior vice president and business area leader at Leidos.

The agreement was signed during the U.S-Saudi Investment Forum held in conjunction with U.S. President Donald Trump's visit to Saudi Arabia.

To learn more about Leidos' aviation and ports and borders security screening solutions visit: www.leidos.com/ses.

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:



Victor Melara


Press Secretary & Senior Media Relations Manager


703.431.4612


victor.a.melara@leidos.com  

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/leidos-saudi-arabias-national-security-services-to-collaborate-on-security-screening-solutions-302462337.html

SOURCE Leidos

FAQ

What is the partnership between Leidos (LDOS) and Saudi Arabia's National Security Services?

Leidos has signed an MOU with Saudi Arabia's National Security Services (SAFE) to provide security screening technology, including scanners and explosive detection devices, for airports and ports of entry across Saudi Arabia.

What types of security solutions will Leidos (LDOS) provide in Saudi Arabia?

Leidos will provide people and baggage scanners, explosive detection devices, and rapid screening systems for cargo and vehicles, along with localized training and services.

When was the Leidos-Saudi Arabia security agreement signed?

The memorandum of understanding was signed on May 13, 2025, during the U.S-Saudi Investment Forum.

How will this partnership affect Leidos (LDOS) business in the Middle East?

The partnership positions Leidos to expand its presence in the Middle East by modernizing Saudi Arabia's security screening infrastructure at critical points of entry and transit.
Leidos Holdings

NYSE:LDOS

LDOS Rankings

LDOS Latest News

LDOS Latest SEC Filings

LDOS Stock Data

24.09B
126.91M
0.67%
80.12%
2.59%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States
RESTON