NYSE:LDOS

Leidos wins $631M sensor contract from US Army

Retrieved on: 
Tuesday, May 7, 2024
Project, Army, Integration, Annual report, DIABLO, Development, Intelligence, Science, Risk, PD, ISR, Management

RESTON, Va., May 7, 2024 /PRNewswire/ -- Leidos, a science and technology innovator, recently received a $631 million award from the U.S. Army Contracting Command – Aberdeen Proving Grounds.

Key Points: 
  • RESTON, Va., May 7, 2024 /PRNewswire/ -- Leidos, a science and technology innovator, recently received a $631 million award from the U.S. Army Contracting Command – Aberdeen Proving Grounds.
  • "We are excited about the opportunity to support the Army's DIABLO program," said Tim Freeman, Leidos senior vice president for Airborne Systems.
  • Leidos showcased its ability to provide platform agnostic sensor and technology solutions by providing independent technology and supplier evaluations from other programs the company currently supports.
  • 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.

Leidos awarded $206M NGA mission software modernization contract

Retrieved on: 
Wednesday, May 1, 2024
IDIQ, Maru, LDOS, NGA, Risk management

RESTON, Va., May 1, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a Fortune 500® innovation leader, was recently awarded a contract by the National Geospatial-Intelligence Agency's (NGA) Exploitation Services Program to sustain and modernize geospatial processing for increased efficiency and interoperability.

Key Points: 
  • RESTON, Va., May 1, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a Fortune 500® innovation leader, was recently awarded a contract by the National Geospatial-Intelligence Agency's (NGA) Exploitation Services Program to sustain and modernize geospatial processing for increased efficiency and interoperability.
  • "Leidos' intelligence analysts and software experts are working together to create better geospatial tools to support NGA's mission."
  • Under Maru, Leidos will provide mission software development, sustainment and technology insertion, testing and user-acceptance, and enterprise deployment of analytical capabilities for geospatial processing.
  • Leidos draws on its global experience in mission software and tech-enabled services, including intelligence tradecraft, to lead innovation in the geospatial community.

Leidos Holdings, Inc. Reports First Quarter Fiscal Year 2024 Results

Retrieved on: 
Tuesday, April 30, 2024
EPS, DSO, GAAP, Accounting, Health, Leidos

Management believes that these non-GAAP measures provide another measure of Leidos' results of operations and financial condition, including its ability to comply with financial covenants.

Key Points: 
  • Management believes that these non-GAAP measures provide another measure of Leidos' results of operations and financial condition, including its ability to comply with financial covenants.
  • Revenues for the quarter were $3.98 billion, up 7% compared to the first quarter of 2023.
  • As of March 29, 2024, Leidos had $633 million in cash and cash equivalents and $4.7 billion of debt.
  • Leidos is updating its fiscal year 2024 guidance as follows:

Leidos Holdings, Inc. Declares Quarterly Cash Dividend

Retrieved on: 
Friday, April 26, 2024
Leidos, LDOS

RESTON, Va., April 26, 2024 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per outstanding share of common stock of Leidos Holdings, Inc.

Key Points: 
  • RESTON, Va., April 26, 2024 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per outstanding share of common stock of Leidos Holdings, Inc.
  • The cash dividend is payable on June 28, 2024, to stockholders of record as of the close of business on June 14, 2024.

Leidos awarded $267 million Army C5ISR and COTS systems task order

Retrieved on: 
Monday, April 15, 2024
Army, RS3, Integration, Cyber, Communication, Electronics, LDOS, IDIQ, Computer, Control

The Responsive Strategic Sourcing for Services (RS3), indefinite delivery/indefinite quantity (IDIQ) task order, has a base period of 11 months, and a maximum value of $267 million, if all four one-year options are exercised.

Key Points: 
  • The Responsive Strategic Sourcing for Services (RS3), indefinite delivery/indefinite quantity (IDIQ) task order, has a base period of 11 months, and a maximum value of $267 million, if all four one-year options are exercised.
  • Under the task order, Leidos experts in Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance, & Reconnaissance (C5ISR) will assess Army hardware capabilities against performance parameters, build out hardware configurations, and implement upgrades.
  • The task order was awarded by Army Contracting Command-Aberdeen Proving Ground.
  • Since February 2011, the Leidos team has fielded nearly 9,000 C5ISR systems and provided nearly 13,000 training courses to more than 167,000 soldiers.

Leidos selected for Army National Guard aviation training contract

Retrieved on: 
Tuesday, April 9, 2024
Professional, National Guard, LDOS, Information technology, COL, Aviation, Army National Guard, Airline

RESTON, Va., April 9, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a Fortune® 500 innovation company, recently was awarded a new prime contract to perform aviation training services and operations support for the Army National Guard.

Key Points: 
  • RESTON, Va., April 9, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a Fortune® 500 innovation company, recently was awarded a new prime contract to perform aviation training services and operations support for the Army National Guard.
  • "We're pleased to work with the Army National Guard to support aviation training and operations," said Tim Freeman, Leidos senior vice president and airborne systems business area lead.
  • "The National Guard is one of the nation's oldest institutions, always prepared to protect and defend our country.
  • "Army National Guard Aviation is excited about this new opportunity to join our highly professional Aviation training force with the experience and professionalism that Leidos brings to the fight," said COL A.C. Schilleci, Army National Guard chief aviation and safety division.

Leidos Schedules First Quarter 2024 Earnings Conference Call for April 30, 2024, at 8 a.m. (ET)

Retrieved on: 
Tuesday, April 2, 2024
Telephone, Webcast, LDOS

RESTON, Va., April 2, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500® innovation company, has scheduled a conference call for Tuesday, April 30, 2024, at 8 a.m. (ET) to announce its first quarter 2024 financial results for the period ending March 29, 2024.

Key Points: 
  • RESTON, Va., April 2, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500® innovation company, has scheduled a conference call for Tuesday, April 30, 2024, at 8 a.m. (ET) to announce its first quarter 2024 financial results for the period ending March 29, 2024.
  • The company plans to issue its quarterly earnings press release before the conference call on April 30, 2024.
  • The details for the earnings conference call follow:
    The company offers a live and replay audio broadcast of the conference call with corresponding press release, presentation materials, and supplemental information at http://ir.leidos.com .
  • An archived version of the webcast will be available on the Leidos Investor Relations website at http://ir.leidos.com until April 30, 2025.

Leidos Partnership deploys electronic health record system to joint DOD-VA federal health care site

Retrieved on: 
Thursday, March 28, 2024
Department of Defence, United States Coast Guard, Patient, NOAA, MHS, USCG, Commerce, DOD, Service, EHR, Recruit, Federal, Captain, Navy, Renewable energy

RESTON, Va., March 28, 2024 /PRNewswire/ -- The Leidos Partnership for Defense Health (LPDH) today announced it successfully deployed the Federal Electronic Health Record (EHR) system – which the Department of Defense calls MHS GENESIS – at the Captain James A. Lovell Federal Health Care Center (Lovell FHCC) as part of a first-of-its-kind joint Department of Defense (DOD)-Department of Veterans Affairs (VA) EHR implementation. After nearly two dozen wave deployments over the last five years, the Lovell FHCC deployment achieves 100% deployment to all DOD garrison facilities worldwide. Additionally, the Lovell FHCC deployment is the first time DOD and VA deployed the Federal EHR together at the same site.

Key Points: 
  • RESTON, Va., March 28, 2024 /PRNewswire/ -- The Leidos Partnership for Defense Health (LPDH) today announced it successfully deployed the Federal Electronic Health Record (EHR) system – which the Department of Defense calls MHS GENESIS – at the Captain James A. Lovell Federal Health Care Center (Lovell FHCC) as part of a first-of-its-kind joint Department of Defense (DOD)-Department of Veterans Affairs (VA) EHR implementation.
  • Additionally, the Lovell FHCC deployment is the first time DOD and VA deployed the Federal EHR together at the same site.
  • "We're proud to lead with our partners to successfully deploy the Federal EHR at Lovell FHCC," said Liz Porter, Leidos Health & Civil sector president.
  • "The Federal EHR deployment at Lovell FHCC is a landmark collaboration between the site, DOD, VA, FEHRM, the Leidos Partnership for Defense Health, and Oracle Health," said Mr. Bill Tinston, FEHRM Director.

Leidos Establishes Air Traffic Management Center of Excellence in Indo-Pacific Region

Retrieved on: 
Wednesday, March 20, 2024
Air traffic management, Ministry of Transport (Singapore), LDOS, Research, CAAS, Aviation, Transport, Air navigation service provider, ViaMichelin, Atmosphere, ATM, Civil aviation, Air Traffic, Airline

RESTON, Va., March 20, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 innovation company, has announced the establishment of an Air Traffic Management (ATM) Center of Excellence in Singapore to keep pace with the rapidly evolving demands of global aviation.

Key Points: 
  • RESTON, Va., March 20, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 innovation company, has announced the establishment of an Air Traffic Management (ATM) Center of Excellence in Singapore to keep pace with the rapidly evolving demands of global aviation.
  • "We are excited to grow our regional team with innovative thinkers who will engage with a broad base of global air transportation stakeholders to advance critical air traffic management capabilities."
  • The Center will also provide collaborative research and development for advanced capabilities in trajectory-based operations and international air traffic flow management through Skyline-XTM – Leidos' comprehensive air traffic management platform.
  • For more on Leidos' extensive solutions in air traffic management, visit www.leidos.com/ATM .

Leidos awarded $158 million U.S. Air Force command and control emergency management contract

Retrieved on: 
Thursday, March 7, 2024
Command, Air force, The Air Force (album), Millennium Falcon, UC2, Control, Employment, LDOS, The

RESTON, Va., March 7, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune 500® innovation leader, was recently awarded a follow-on prime contract to develop and expand the Air Force's Command and Control Incident Management Emergency Response Application (C2IMERA).

Key Points: 
  • RESTON, Va., March 7, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune 500® innovation leader, was recently awarded a follow-on prime contract to develop and expand the Air Force's Command and Control Incident Management Emergency Response Application (C2IMERA).
  • The single-award contract was awarded by Kessel Run, a division within the Air Force Life Cycle Management Center.
  • "Our collaboration with the Air Force in maturing C2IMERA's command and control capability now spans a decade.
  • Under the contract, Leidos will continue to develop C2IMERA and work to expand the system to include all Air Force installations, associated forward operating locations, and contingency locations for command and control and emergency management requirements.