Leidos Holdings Stock Price, News & Analysis

Leidos (NYSE: LDOS) has partnered with the Baltimore Ravens for their second year to address the opioid epidemic through the "Tackling Opioid Addiction" campaign. This initiative will provide support to Oxford House, a nonprofit offering recovery residences for individuals battling substance use disorders. Leidos and the Ravens will donate to assist new residents on their recovery journey, highlighting the rising need for such support during the COVID-19 pandemic. Leidos reported approximately $12.30 billion in revenues for FY 2021.

Leidos (NYSE: LDOS) has secured a prime contract valued at $149.2 million from the Naval Undersea Warfare Center to provide engineering, technical, and management services for the Naval Array Technical Support Center. This contract, focused on undersea warfare solutions, is indefinite delivery/indefinite quantity with work primarily in Newport, Rhode Island. Leidos will enhance support for the Navy's towed array assets, demonstrating its commitment to innovative technologies and maintaining a competitive edge in undersea operations.

Leidos (NYSE: LDOS) will participate in the Bank of America Global Industrials Conference 2021 on March 17, 2021, at 3:00 p.m. ET. Jim Reagan, Chief Financial Officer, will engage in a fireside chat during the event. An audio webcast of the conference can be accessed via the Leidos Investor Relations website, with a replay available until September 14, 2021. Leidos, a leading science and technology company, reported annual revenues of approximately $12.30 billion for the fiscal year ending January 1, 2021.

Leidos (NYSE: LDOS), a leading technology and engineering company, will join the J.P. Morgan 2021 Virtual Industrials Conference. CEO Roger Krone is set to engage in a 'fireside chat' on March 16, 2021, at 3:40 p.m. ET. Investors can access a live audio webcast on the Leidos Investor Relations website, with a replay available for 30 days post-event. For the fiscal year ended January 1, 2021, Leidos reported revenues of approximately $12.30 billion. For more details, visit www.Leidos.com.

Leidos (LDOS) has secured a $22 million project agreement from the Defense Threat Reduction Agency (DTRA) to conduct clinical studies on COVID-19 therapeutics. This cost-plus-fixed-fee agreement spans 24 months and reinforces Leidos' commitment to combat the pandemic. The company will utilize a new clinical trial prototype for real-time data collection, enabling simultaneous studies of drug combinations to enhance treatment outcomes and military readiness. Collaboration with Personal Health Insights, Syneos Health, and SCOPE International aims to optimize trial efficiency and patient safety monitoring.

Leidos Holdings, Inc. (NYSE: LDOS) announced robust fourth quarter and fiscal year 2020 results, achieving record revenues of $3.25 billion for Q4, up 10.1% year-over-year. The company reported a non-GAAP diluted EPS of $1.63 for the quarter, compared to $1.51 a year earlier. Fiscal year revenues reached $12.30 billion, a 10.8% increase. Notably, Leidos has a backlog of $31.9 billion and plans to acquire Gibbs & Cox, a maritime engineering firm, for $380 million. For 2021, the company expects revenues between $13.7 billion and $14.1 billion, with non-GAAP diluted EPS guidance of $6.15 to $6.45.

Leidos Holdings, Inc. (NYSE: LDOS) has declared a quarterly cash dividend of $0.34 per share, payable on March 31, 2021. Stockholders of record as of March 15, 2021 will receive this dividend. Leidos, a leading provider of information technology and engineering solutions, reported annual revenues of approximately $11.09 billion for the fiscal year ending January 3, 2020. The company plays a crucial role in addressing challenges in defense, intelligence, and health markets.

Leidos announced that its CEO, Roger A. Krone, was elected to the National Academy of Engineering on February 9, 2021. This prestigious recognition highlights Krone's exceptional technical leadership in engineering and advancements in aerospace and information technology. Membership is granted to individuals with significant achievements in engineering fields. Krone will be inducted on October 3, 2021. Leidos, headquartered in Reston, Virginia, reported annual revenues of approximately $11.09 billion for the fiscal year ending January 3, 2020.