Introduction
Leidos Holdings is a defense contracting company. There’s no doubt about this—the company has a major presence in the intelligence and defense sectors, particularly in cyber security. The company is headquartered in Reston, Virginia. As of the third quarter of 2017, Leidos Holdings had over 44,000 employees around the world working on both government contracts and on their own private contracts with corporations such as Lockheed Martin and General Atomics
Leidos Holdings is a defense contracting company.
Leidos Holdings is a defense contracting company with headquarters in Reston, Virginia. It’s a private company that was founded in 1961 by J. Cofer Black and Richard Perle and has since grown to be one of the largest government contractors in the world. With nearly $19 billion in revenue as of 2017, Leidos Holdings appears regularly on Fortune 500 lists because it’s so massive—the only major contractor on Forbes’ top 100 list not owned by a defense department or government entity. The company has more than 65,000 employees worldwide and works with clients including NASA, Homeland Security and Defense Department branches across the US military.
The company has a major presence in the intelligence and defense sectors, particularly in cyber security.
Leidos Holdings is a U.S.-based defense contractor that provides support to the U.S. military and intelligence agencies. It is one of the largest privately held companies in the United States and employs over 35,000 people globally. With an annual revenue exceeding $6 billion, Leidos Holdings has been around since 1952 when it was first founded as SAIC (Scientific Applications International Corporation). In 2006, SAIC was restructured into “Leidos” with three major units: defense services; health sciences; and engineering & construction services.
The company has a major presence in the intelligence and defense sectors, particularly in cyber security (it has been ranked as one of America’s top 15 federal contractors by Contractor magazine). To date, it has over 100 national labs under its umbrella including ones like Los Alamos National Laboratory where nuclear weapons are developed or Sandia National Laboratories where research for clean energy initiatives takes place.”
The company is headquartered in Reston, Virginia.
Leidos Holdings is headquartered in Reston, Virginia. The company is a major employer in the area, with a large office complex in Reston and offices throughout North America. It has an employee base of more than 25,000 people.
The current CEO is Roger Krone.
The current CEO is Roger Krone. He has been with Leidos Holdings since 2009 and was named CEO in 2016, following a three-year stint as president of Leidos Cyber Solutions. Before joining the company, Krone was a Navy SEAL for more than two decades and served as the commander of SEAL Team Six from 1998 to 2000. He also served as an executive vice president at SAIC from 2005 to 2009 before becoming president of Leidos Cyber Solutions in 2010.
Revenue for the third quarter of 2017 was $2.51 billion.
Revenue for the third quarter of 2017 was $2.51 billion, an increase from the second quarter of 2017 and a decrease from the third quarter of 2016.
Earnings per share were $0.93 for the third quarter of 2017.
The company has been winning logistical contracts with the military as they gear up for future conflict scenarios involving Russia or China. Earnings per share were $0.93 for the third quarter of 2017, up from $0.79 in the same period last year. Revenue increased by 17% to $2.51 billion, driven by acquisitions and organic growth across most of the business segments except government services (GS).
The company has been winning logistical contracts with the military as they gear up for future conflict scenarios involving Russia or China.
As the military gears up for future conflict scenarios involving Russia or China, many logistics contracts have been won. These contracts are important because they allow the military to get supplies to where they need to be. This business is a growing part of the defense industry and Leidos Holdings is at the forefront of this trend.
Leidos Holdings has won several such contracts recently, including one with the U.S. Coast Guard for engineering support services and another with NASA on developing virtual reality simulations for astronaut training.#ENDWRITE
Leidos Holdings is also competing with Lockheed Martin and other companies over a contract to develop a replacement to the Minutemen III intercontinental ballistic missile system, which currently guards the United States against nuclear attack.
The Minutemen III intercontinental ballistic missile system is a set of three intercontinental ballistic missiles (ICBMs), maintained by the United States Air Force, and designed to be used as part of the United States’ strategic nuclear deterrence policy.
The current status of this program is that it is being replaced with a newer version called Ground Based Strategic Deterrent (GBSD).
The company’s success is linked to U.S. government spending on defense and cyber security, and therefore may face uncertainty if government budget priorities change in the future.
The company’s success is linked to U.S. government spending on defense and cyber security, and therefore may face uncertainty if government budget priorities change in the future.
The company’s success is linked to U.S. government spending on intelligence and defense, which accounts for about 90% of its revenue. The remainder comes from public safety projects such as disaster response training simulators and emergency services technology solutions. The company also serves civilian agencies such as the Department of Homeland Security (DHS).
In FY 2018, Leidos generated $24 billion in annual revenue with a net loss of $1 billion due to a goodwill impairment charge related to its acquisition of CSRA Inc., which was completed in October 2018.
Leidos Holdings provides many important types of services to the U.S., but like all defense contracting companies it depends on government budgets for its operations
Leidos Holdings, Inc. (NYSE: LDOS) is a global science and technology solutions leader working to solve the world’s toughest challenges in defense, homeland security, civil government, cybersecurity and health care. Leidos employs approximately 22,000 people worldwide and had annual revenues of $5.47 billion in fiscal 2018. The company is headquartered in Reston, Virginia.
Leidos Holdings provides many important types of services to the U.S., but like all defense contracting companies it depends on government budgets for its operations and profits. For example: Leidos Holdings recently won a contract with the Army which will help provide cyber security services at Fort Benning near Columbus Georgia; Leidos Holdings also has contracts with NASA at Kennedy Space Center where they support satellite missions; And Leidos Holdings has an office in Huntsville Alabama where they work on multi-year contracts supporting UAV technologies for both military commanders as well as other agencies such as FEMA/DHS
Conclusion
Leidos Holdings is one of the largest defense contracting companies in the U.S., with a major presence in cyber security and other areas of defense. The company has been successful over the past several years as government spending on defense has increased, but there may be uncertainty about future budgets as well as potential new policies from President Trump’s administration that could impact Leidos Holdings’ business model going forward.
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