Leidos(NYSE) LDOS

Leidos Holdings, Inc. helps government agencies solve complex security and technology problems. It makes systems that keep air travel safe and protect networks. The company also supports healthcare for veterans and military families.

Four Areas of Expertise

• Intelligence & Digital: Provides national security systems and data analytics for the intelligence community; generated $1,499 million for the three-month period ended July 3, 2026.
• Health: Manages healthcare programs and digital transformations for federal and commercial clients; generated $1,086 million for the three-month period ended July 3, 2026.
• Homeland: Delivers security detection and air navigation systems for civilian agencies; generated $1,018 million for the three-month period ended July 3, 2026.
• Defense: Supports military missions across space and cyberspace for the Department of War; generated $955 million for the three-month period ended July 3, 2026.

Expanding Through Strategic Acquisitions

• Acquired Entrust on March 27, 2026, to expand the capabilities of the Homeland segment.
• Purchased Savanna Industries, Inc., also known as Kudu Dynamics, to strengthen Intelligence & Digital operations.
• Invested $18 million in an investment fund during the six-month period ended July 3, 2026.
• Won new programs that increased revenue across the Intelligence & Digital, Homeland, and Defense segments in early fiscal 2026.

Solving Complex Global Problems

Leidos manages the En Route Automation Modernization (ERAM) system for the Federal Aviation Administration to ensure safe air travel. It also provides advanced cybersecurity and data analytics for the U.S. Department of War and national security agencies.

Tracking the Financial Performance

• Revenue reached $4,558 million for the three-month period ended July 3, 2026, up 7.2% year over year.
• Operating income was $514 million for the three-month period ended July 3, 2026, down 10.0% year over year.
• Total backlog reached $48,711 million as of July 3, 2026, including $38,488 million in unfunded contracts.
• U.S. government contracts accounted for 83% of total revenue during the three-month period ended July 3, 2026.
• Total debt stood at $6.0 billion as of July 3, 2026, following the issuance of new senior notes.

A Shift Toward Specialized Tech

Leidos has evolved from a general contractor into a technology leader focused on four specialized government and commercial segments. Its large contract backlog and focus on mission-critical innovations support its role as a key federal provider.