Leidos Holdings Stock Price, News & Analysis

Leidos (NYSE: LDOS), a leading science and technology company, will participate in Citi's 2021 Global Industrials Virtual Conference on February 17, 2021. CFO Jim Reagan is scheduled for a live question and answer session at 1:50 p.m. ET. Interested parties can access the live audio webcast through the Leidos Investor Relations website, where a replay will also be available for one year. In 2020, Leidos reported annual revenues of approximately $11.09 billion and employs around 38,000 individuals.

Leidos (NYSE: LDOS), a FORTUNE 500® company, will participate in the Barclays Industrial Select Conference on February 16, 2021, at 1:30 p.m. ET. Jim Reagan, Chief Financial Officer, will engage in a question-and-answer "fireside chat." A live audio webcast will be accessible on the Leidos Investor Relations website, with a replay available for one year. Leidos reported approximately $11.09 billion in annual revenues for the fiscal year ending January 3, 2020, and employs around 38,000 individuals to support critical missions in defense, intelligence, and health sectors.

Leidos (NYSE:LDOS) has been awarded the title of Federal Breakaway Partner of the Year by Cisco during their annual partner conference. This recognition underscores the company's innovation and leadership as a Cisco business partner. The Cisco Partner Summit awards honor partners that excel in innovative practices and strategic business approaches. In addition to this accolade, Leidos has achieved Cisco Gold Certified Partner status and significantly enhanced its networking capabilities and Cisco qualifications, with nearly 1,000 certifications attained by its staff.

Leidos (NYSE: LDOS) has secured a significant new contract valued at $2 billion to provide non-medical counseling to military personnel and their families through the Military and Family Life Counseling (MFLC) program. The award, granted by the U.S. General Services Administration, includes a 12-month base period with four optional extensions. Leidos will operate at approximately 100 military installations worldwide, delivering essential services aimed at enhancing the well-being of military families. This contract reinforces Leidos' commitment to supporting the military community.

Leidos (NYSE: LDOS), a leader in science and technology, will participate in the Cowen 42nd Annual Aerospace/Defense & Industrials Conference on February 11, 2021, at 11:00 AM ET. CEO Roger Krone will engage in a 'fireside chat' during the webcast. Investors can access the live audio via the Leidos Investor Relations website, with a replay available for 90 days post-event. Leidos recorded approximately $11.09 billion in annual revenues for the fiscal year ended January 3, 2020, and employs 38,000 people to address critical challenges across various sectors.

Leidos (NYSE: LDOS) announced that 37 employees will be honored at the 35th Annual Black Engineer of the Year Awards (BEYA) Conference, taking place virtually from February 11-13, 2021. This year's honorees mark the largest class in the company's history, highlighting its commitment to diversity in STEM fields. Among the award recipients, Mark Clark will be recognized as a Science Spectrum Trailblazer, and Krystal Porter will receive the Dr. Wanda M. Austin Legacy Award. Leidos continues to be a sponsor of BEYA, supporting professional training and networking opportunities in the engineering field.

On January 25, 2021, Parsons Corporation (NYSE: PSN) announced its leadership of an industry team, including Leidos (NYSE: LDOS) and SAIC (NYSE: SAIC), for a 10-year, $953 million contract with the U.S. Air Force. This initiative aims to design and maintain Air Base Air Defense (ABAD) systems across Europe and Africa, addressing emerging asymmetric threats. The team will utilize advanced technologies and an open architecture approach to enhance air base defense capabilities, ensuring protection for military assets in contested environments.

Leidos (NYSE: LDOS) has announced a conference call on February 23, 2021, at 8 a.m. ET to discuss its fourth quarter and full year 2020 financial results, which will cover the period ending January 1, 2021. The earnings press release will be issued prior to the call. Investors can listen via telephone or the internet. Last reported annual revenues were approximately $11.09 billion for the fiscal year ended January 3, 2020. Additional details are available on the Leidos Investor Relations website.

Leidos has finalized its acquisition of 1901 Group for approximately $215 million in cash, enhancing its cloud and digital modernization capabilities. The deal, previously announced on Dec. 10, 2020, adds nearly 400 IT and cloud specialists to Leidos, enabling it to better support mission-critical needs for its customers. 1901 Group, a provider of managed IT services and cloud solutions, will operate as a wholly-owned subsidiary, expected to drive future growth and innovative solutions in the defense sector.