Leidos Holdings (LDOS) Stock News

Leidos Holdings (NYSE:LDOS) has announced a quarterly cash dividend declaration. The company's board of directors has approved a dividend of $0.40 per share of common stock. The dividend will be paid on September 30, 2025, to shareholders of record as of September 15, 2025.

Leidos (NYSE:LDOS) has secured a $128 million task order from the FBI to modernize the Next Generation Identification (NGI) system, the world's largest biometric and criminal history repository. The contract includes a one-year base period with four option years.

Under this agreement, Leidos will enhance the NGI system through the development of mobile apps, biometric algorithms, automated testing, and integration of emerging technologies. The company has already helped improve the system's fingerprint identification accuracy to over 99.6%. The NGI system, administered by the FBI's Criminal Justice Information Services division, provides advanced investigative capabilities for law enforcement and intelligence agencies.

Leidos (NYSE: LDOS) has scheduled its second quarter 2025 earnings conference call for Tuesday, August 5, 2025, at 8:00 a.m. ET. The company will release its Q2 2025 financial results, covering the period ending July 4, 2025, before the conference call.

Investors can access the live audio broadcast and replay through the company's investor relations website at http://ir.leidos.com. The webcast recording will remain available for one year, until August 5, 2026. The company will also provide press release, presentation materials, and supplemental information alongside the earnings call.

Leidos (LDOS) has secured a significant NATO contract worth up to $87 million to lead a multinational IT modernization initiative. The project focuses on implementing a private cloud-based IT solution to enhance NATO's operational network capabilities, cybersecurity, and interoperability. Partnering with major European defense contractors including Thales, CGI, Leonardo, LA International, and NEXOR, the initiative aims to strengthen NATO's digital infrastructure and improve secure information sharing across the alliance. The IT Modernization Recovery Increment 1 Systems Integration contract will be executed on indefinite delivery indefinite quantity (IDIQ) firm-fixed price terms, with Leidos serving as the primary technology partner for the NATO Communications and Information Agency (NCIA).

Leidos (LDOS) has secured a significant $35 million, five-year contract from the Defense Information Systems Agency (DISA) for the Cross-Domain Enterprise Services program. The company will modernize DISA's tools for transferring critical data between classified and unclassified networks, aiming to accelerate decision-making across the Department of Defense. Leidos will focus on integrating the design, engineering, and operations of DISA's data-sharing platform to enable more efficient mission performance. The contract, awarded under a Systems Engineering Technology and Innovation indefinite delivery/indefinite quantity framework, reinforces Leidos' position as a key partner in operating and defending the DoD's enterprise network globally.

Leidos (LDOS) has welcomed nearly 900 summer interns from 290 colleges and universities across 34 states, the U.K., and Australia for summer 2025. The technology company, which operates in defense, homeland security, IT, intelligence, health, and energy sectors, has more than tripled its intern class size since 2016. The program boasts impressive success metrics with 90% of interns receiving job offers or returning for additional internships. In 2025, over 450 recent graduates have already accepted full-time positions at Leidos. The intern class represents 38 different college majors, demonstrating the company's commitment to diverse talent acquisition. CEO Tom Bell emphasized the internship program's importance as a crucial investment in the company's future, highlighting how interns work alongside existing teams to gain industry experience while bringing fresh perspectives.

Leidos (LDOS) is developing an innovative magnetic navigation (MagNav) technology to counter GPS jamming vulnerabilities in military applications. The project, under a Defense Innovation Unit contract, leverages quantum sensing technology using nitrogen in diamonds to measure Earth's magnetic field variations. Led by Aaron Canciani, the technology utilizes quantum magnetometers developed by Frequency Electronics in collaboration with MIT Lincoln Lab. The quantum-based approach offers superior accuracy and stability compared to traditional magnetometers, as measurements are based on fundamental physics constants rather than relative measurements that can drift. This advancement could significantly enhance military navigation capabilities by providing a jam-proof alternative to GPS.

Leidos (NYSE:LDOS) has acquired Kudu Dynamics for $300 million in an all-cash transaction, marking its first acquisition in 2.5 years. The deal, which closed on May 23, 2025, strengthens Leidos' AI-enabled cyber capabilities for defense, intelligence, and homeland security customers. Kudu Dynamics, founded in 2013, specializes in automated targeting, hardware reverse engineering, and non-kinetic effects for the Department of Defense. The acquisition aligns with Leidos' NorthStar 2030 strategy and aims to enhance its offensive cyber technology capabilities, particularly in electromagnetic spectrum operations and vulnerability research. The deal represents a strategic move to bolster Leidos' position in the cyber warfighting domain.

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.