NYSE:LDOS

Leidos and Permion Unveil Edge-to-Cloud Trustworthy AI Solutions

Retrieved on: 
Monday, August 7, 2023
Science, Organization, Artificial intelligence, Government, AI, LDOS, NYSE, Machine learning, Medical device, Sales, Leidos

By joining forces with Permion we can leverage their impressive neurosymbolic and generative AI technology.

Key Points: 
  • By joining forces with Permion we can leverage their impressive neurosymbolic and generative AI technology.
  • "As a major systems integrator with industry-leading systems engineering expertise, Leidos is the perfect collaborator for Permion's new data-oriented computing AI platform," said Permion CEO Arun Majumdar.
  • Through this collaboration, Leidos and Permion will use Permion's advanced AI platform with Leidos' existing and future technology capabilities.
  • In particular, Leidos expects to leverage Permion's X-Machines Instruction Set Architecture (XVM-ISA™), a data-oriented computing platform for AI.

Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2023 Results

Retrieved on: 
Tuesday, August 1, 2023
Bard, Bedrock, Partnership, PEO, CMS, Army, Centers for Medicare & Medicaid Services, DES, RSAF, Defense Information Systems Agency, Communication, United States Department of Defense, Synthetic media, Spacetime, United States Army Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance and Reconnaissance Center, Bader Al-Dafa, Microsoft, Dynetics, GAAP, CETS, Information technology, DSO, Technical Service Council, Government, Medicare, Amazon, EBITDA, Navy, Engineering, Generative, DISA, Royal Saudi Air Force, Paper, Control, EPS, Missile Defense Agency, Leidos, Computer, Department of Defence, CHGB, Bank, Pharmaceutical industry, Sales, Arms industry, Intelligence, Defense, OpenAI

Revenues for the quarter were $3.84 billion, up 7% compared to the second quarter of 2022.

Key Points: 
  • Revenues for the quarter were $3.84 billion, up 7% compared to the second quarter of 2022.
  • Non-GAAP net income was $252 million for the second quarter, up 15% year-over-year, and non-GAAP diluted EPS for the quarter was $1.80, up 13% year-over-year.
  • Days Sales Outstanding (DSO) for the quarter was 59, a 3-day improvement from the first quarter of 2023.
  • In addition, Leidos returned $50 million to shareholders in the second quarter as part of its regular quarterly cash dividend program.

Leidos announces strategic collaboration agreement with Microsoft

Retrieved on: 
Monday, July 31, 2023
LDOS, SOCOM 4 U.S. Navy SEALs, Integration, Microsoft, Government, Science, Public sector, Organization, United States Department of the Navy, Navy Marine Corps Intranet, SMIT, Navy, Corporation, NGEN, Artificial intelligence, AI, NYSE, NMCI, Management, Asset management, Leidos

RESTON, Va., July 31, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced it has entered into a strategic collaboration agreement with Microsoft aimed at leveraging each company's unique strengths in the market to accelerate artificial intelligence (AI) transformation for new and existing customers in the public sector. A near-term priority for co-development is in the area of generative AI solutions to support organizational efficiency, enhanced productivity and cross domain applications.

Key Points: 
  • RESTON, Va., July 31, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced it has entered into a strategic collaboration agreement with Microsoft aimed at leveraging each company's unique strengths in the market to accelerate artificial intelligence (AI) transformation for new and existing customers in the public sector.
  • "Leidos is continuously exploring opportunities to accelerate solving our customers' hardest problems," said Steve Hull, Executive Vice President, Enterprise and Cyber Solutions Operation, Leidos.
  • "Our collaboration with Leidos will help accelerate adoption of cloud-driven solutions to improve our customers' operations," said Angela Heise, Corporate Vice President, Worldwide Public Sector, Microsoft.
  • Leidos and Microsoft are committed to building a partner ecosystem that can identify customer challenges and work together responsibly and efficiently to solve them.

Leidos Holdings, Inc. Declares Quarterly Cash Dividend

Retrieved on: 
Friday, July 28, 2023
LDOS, Leidos, NYSE, Holding company

RESTON, Va., July 28, 2023 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.36 per outstanding share of common stock of Leidos Holdings, Inc.

Key Points: 
  • RESTON, Va., July 28, 2023 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.36 per outstanding share of common stock of Leidos Holdings, Inc.
  • The cash dividend is payable on September 29, 2023, to stockholders of record as of the close of business on September 15, 2023.

Leidos and L3Harris announce team for ATHENA-S

Retrieved on: 
Tuesday, July 25, 2023
Aircraft, LDOS, United States European Command, Krasukha (electronic warfare system), Bombardier, Army, ARTEMIS, U.S. European Command State Partnership Program, ISR, Intelligence, Reconnaissance, L3Harris Technologies, Science, Exploitation, Signals intelligence, ARES, Radar, United States Department of the Army, Engineering, Command, Air Warrior (U.S. Army), NYSE, Gasoline, United States Army, Leidos

"The Leidos-L3Harris team focuses each of our companies' extensive and diverse talents to achieve mission success with ATHENA-S," said Tim Freeman, Leidos senior vice president and Airborne Solutions Operations Manager.

Key Points: 
  • "The Leidos-L3Harris team focuses each of our companies' extensive and diverse talents to achieve mission success with ATHENA-S," said Tim Freeman, Leidos senior vice president and Airborne Solutions Operations Manager.
  • Together, the Leidos-L3Harris team is the only one with experience designing, integrating, certifying and operating ISR business jets for the U.S. Army.
  • The team will work to modify two Bombardier Global 6500 jets with radar, electronic and communications intelligence capabilities tailored to ATHENA-S requirements.
  • Leidos currently operates two Leidos Special Mission Aircraft (LSMA) for the Army's Airborne Reconnaissance Targeting and Exploitation Multi-Mission Intelligence System (ARTEMIS) program in support of U.S. European Command.

Leidos awarded $375 million contract to support Director of National Intelligence

Retrieved on: 
Wednesday, July 19, 2023
Science, Risk management, LDOS, ODNI, DNI, Intelligence, System, United States Intelligence Community, Environment, NYSE, Systems analysis, Management, Leidos

RESTON, Va., July 19, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, was recently awarded a prime contract to provide intelligence, technical, financial and management services to the Office of the Director of National Intelligence (ODNI).

Key Points: 
  • RESTON, Va., July 19, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, was recently awarded a prime contract to provide intelligence, technical, financial and management services to the Office of the Director of National Intelligence (ODNI).
  • "We are pleased to continue our seventeen-year legacy supporting ODNI," said Roy Stevens, Leidos Intelligence Group president.
  • Leidos will work to maximize synergies and efficiencies for ODNI by aligning intelligence, technical, financial and management services with clear lines of contractor responsibility.
  • Through this contract Leidos will provide analytic, intelligence management, and systems analysis support covering a wide range of regional and functional topics.

Leeds Bradford Airport Selects Leidos to Deliver New Security Checkpoint Technologies

Retrieved on: 
Thursday, July 13, 2023
LBA, Operation, CT, LDOS, CIP, Senior, Electronics, Leeds Bradford Airport, Science, Adobe Acrobat, Algorithm, NYSE, Security Account Manager, Safety, Airline, Risk management, Mosaic, Leidos

"We are delighted to work with Leeds Bradford Airport and provide our advanced security solutions."

Key Points: 
  • "We are delighted to work with Leeds Bradford Airport and provide our advanced security solutions."
  • Leidos will deliver four integrated ClearScan and ProPassage lanes.
  • The integrated lanes will also deliver higher throughput enabling LBA to meet the latest UK security requirements.
  • "This is an important component of our plan to modernize LBA," said Damian Ives, Chief Operating Officer & Accountable Manager at Leeds Bradford Airport.

Leeds Bradford Airport Selects Leidos to Deliver New Security Checkpoint Technologies

Retrieved on: 
Thursday, July 13, 2023
LBA, Operation, CT, LDOS, CIP, Senior, Electronics, Leeds Bradford Airport, Science, Adobe Acrobat, Algorithm, NYSE, Security Account Manager, Safety, Airline, Risk management, Mosaic, Leidos

"We are delighted to work with Leeds Bradford Airport and provide our advanced security solutions."

Key Points: 
  • "We are delighted to work with Leeds Bradford Airport and provide our advanced security solutions."
  • Leidos will deliver four integrated ClearScan and ProPassage lanes.
  • The integrated lanes will also deliver higher throughput enabling LBA to meet the latest UK security requirements.
  • "This is an important component of our plan to modernize LBA," said Damian Ives, Chief Operating Officer & Accountable Manager at Leeds Bradford Airport.

Leidos Adds Rancher Government Solutions to Alliance Partner Network

Retrieved on: 
Monday, July 10, 2023
Government, Science, RGS, LDOS, Federal Systems Integration and Management Center, Intelligence, NYSE, Risk management

RESTON, Va., July 10, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced the addition of Rancher Government Solutions (RGS), a complete open software stack for teams adopting containers, as an Emerging Technology Partner to the Leidos Alliance Partner Network (LAPN).

Key Points: 
  • RESTON, Va., July 10, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced the addition of Rancher Government Solutions (RGS), a complete open software stack for teams adopting containers, as an Emerging Technology Partner to the Leidos Alliance Partner Network (LAPN).
  • LAPN drives innovation through a vast network of the world's leading technology companies and leverages significant expertise to provide solutions that deliver customer mission success.
  • "Leidos is pleased to welcome Rancher Government Solutions to the Leidos Alliance Partner Network," said Derrick Pledger, Leidos Chief Information Officer.
  • "Rancher Government Solutions is honored to be among the select group of technology companies chosen to be part of the Leidos Alliance Partner Network," said Sima Shahin, RGS Regional Vice President, Federal System Integrators.

Leidos Announces New Manufacturing Facility in North Charleston, South Carolina

Retrieved on: 
Thursday, July 6, 2023
Science, Aviation, LDOS, SES, NYSE, Safety, Warehouse, Leidos

RESTON, Va., July 6, 2023 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, today announced plans to establish a new security systems manufacturing facility in North Charleston, South Carolina. This will be the company's third security systems manufacturing location in the U.S., expanding its presence and support to customers. Leidos will invest $31.7 million in the new facility, creating up to 170 new jobs in the region over time.

Key Points: 
  • RESTON, Va., July 6, 2023 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, today announced plans to establish a new security systems manufacturing facility in North Charleston, South Carolina.
  • This will be the company's third security systems manufacturing location in the U.S., expanding its presence and support to customers.
  • Leidos will invest $31.7 million in the new facility, creating up to 170 new jobs in the region over time.
  • "This facility brings more manufacturing back into the U.S. and expands Leidos' global security capabilities for the aviation and critical infrastructure markets," said Jim Moos, Leidos Civil Group president.