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Leidos Holdings, Inc. (NYSE: LDOS) delivers mission-critical technology and engineering solutions to defense, intelligence, and healthcare sectors. This news hub provides investors with essential updates about contract awards, strategic partnerships, and operational developments impacting this Fortune 500 leader.
Access timely press releases and analysis covering Leidos' defense modernization initiatives, cybersecurity advancements, and health IT innovations. Our curated collection helps stakeholders track progress in key areas like geospatial intelligence, digital transformation projects, and government contracting milestones.
Find updates on quarterly earnings, major Department of Defense contracts, and research breakthroughs in secure communications technology. All content is verified through primary sources to ensure accuracy for financial decision-making.
Bookmark this page for centralized access to Leidos' latest achievements in supporting national security infrastructure and advancing critical healthcare systems through technological innovation.
Leidos has partnered with NASCAR to develop a Lunar Terrain Vehicle as part of NASA's Artemis program. The collaboration aims to enhance speed, safety, and reliability for moon missions, with the vehicle's design revealed at the Space Symposium on April 18, 2023. CEO Roger Krone emphasized the groundbreaking nature of this partnership, which seeks to inspire future engineers and innovators. The rover is designed to support diverse crew members and promote inclusivity in space exploration. Leidos is also working on the Human Landing System contract and the Universal Stage Adapter to transport essential equipment. This partnership marks a significant step in the quest for sustainable lunar presence, combining advanced technology with a focus on safety and innovation.
Leidos (NYSE: LDOS) has secured a prime contract to develop an uncrewed aircraft system (UAS) for the Marine Corps, aimed at autonomously resupplying ground forces. The contract, which spans 18 months, involves creating a prototype medium unmanned logistics system capable of carrying payloads between 300 and 600 pounds over distances from 25 to 100 nautical miles. Key locations for development include Colorado, Ohio, and California. Leidos collaborates with Phenix Solutions for this project. The company reported annual revenues of about $14.4 billion for the fiscal year ending December 30, 2022, enhancing its position as a leader in defense technology.
Leidos (NYSE: LDOS) has announced a conference call on May 2, 2023, at 8 a.m. ET to discuss its first-quarter 2023 financial results ending March 31, 2023. The earnings press release will precede the call on the same date. Interested parties can listen via a live internet stream or by telephone at 877-869-3847 (U.S.) or +1-201-689-8261 (international). A replay will be available starting at 11:30 a.m. ET on May 2 until May 9. Leidos, headquartered in Reston, Virginia, reported approximately $14.4 billion in revenues for the fiscal year ending December 30, 2022.
Leidos Partnership for Defense Health has successfully deployed the MHS GENESIS electronic health record system to nine additional Military Treatment Facilities, including Walter Reed National Military Medical Center. This deployment impacts 14,000 clinicians and brings the operational count to over 2,700 locations, serving 6.6 million Department of Defense beneficiaries, or approximately 81% of garrison facilities. The deployment continues through 23 waves, aiming for full operational readiness across the continental U.S. and globally. Leidos reported revenues of approximately $14.4 billion for FY 2022, underscoring its leading role in defense health technology.
Leidos announced that 22 of its employees were recognized for excellence in STEM at the 2023 Black Engineer of the Year Awards held in February. The event attracted over 10,000 STEM professionals from diverse backgrounds. Among the honorees, Kendric Garmon received the STEM Professional Most Promising Engineer award, while Randall King and Jordan Thompson won the Science Spectrum Trailblazer award. Additionally, 18 employees were named BEYA Modern Day Technology Leaders, emphasizing the company's commitment to diversity and inclusion in STEM. Leidos takes pride in supporting its employees and fostering talent in these critical fields.
Leidos (NYSE: LDOS) has partnered with the University of Michigan for its $334 million Mayhem program, a hypersonic project awarded by the U.S. Air Force Research Laboratory. This partnership will provide U-M aerospace students with hands-on experience in Model-Based Systems Engineering (MBSE), contributing to the development of a virtual ecosystem for the Mayhem program. Students will gain significant industry experience while helping Leidos enhance efficiencies and drive innovation in aerospace technology. Leidos aims to develop a pipeline of talent through this initiative, creating future leaders in the field.
Leidos (NYSE: LDOS) will participate in the J.P. Morgan 2023 Industrials Conference on
RESTON, VA / ACCESSWIRE / March 1, 2023 / Leidos (NYSE:LDOS) announced the appointment of Thomas Bell as Chief Executive Officer, effective May 3, 2023. Bell, currently President of Defense at Rolls-Royce, will succeed Roger Krone, who has led the company since 2014 and will retire at the 2023 annual meeting. The board will also appoint Robert S. Shapard as independent chair post-meeting. Bell's selection followed a thorough process, and his extensive background in defense and aerospace is expected to provide continuity and leadership. Leidos reported approximately $14.4 billion in annual revenues for 2022.
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