Leidos has posted revenues of $17.2 billion for fiscal year 2025, marking a 3 percent year-over-year increase. The company said in its earnings release published Tuesday that its net bookings for the full fiscal year reached $17.5 billion. Its adjusted EBITDA was $2.42 billion, a 14.1 percent margin, while its net bookings reached $17.5 billion,...
Defensive cyber has become foundational to federal digital modernization strategy, shaping how agencies approach cloud adoption, AI integration and enterprise IT transformation. In a recent GovCon Conversation video interview, Josh Salmanson, vice president and defensive cyber practice lead at Leidos, spoke with Executive Mosaic about embedding cybe...
Leidos has been awarded a $142 million contract to support the modernization of IT operations of the Compartmented Enterprise Services Office, or CESO, within the Defense Information Systems Agency. Potomac Officers Club’s 2026 Digital Transformation Summit on April 22 brings together senior officials driving government IT modernization, ...
Booz Allen Hamilton, Clarity Innovation, Deloitte, Leidos, Tyto Government Solutions, Bridge Core and KBR Wyle Services have secured spots in a multiple-award, indefinite-delivery/indefinite-quantity contract valued at $561 million from the Washington Headquarters Services to support the Office of the Director of Cost Assessment and Program Evaluati...
Leidos has agreed to acquire power design firm ENTRUST Solutions Group from private equity firm Kohlberg for approximately $2.4 billion as part of efforts to expand its energy infrastructure portfolio. Reston, Virginia-based Leidos said Monday it expects the deal to conclude by the end of the second quarter of 2026, subject to regulatory approvals a...
Leidos has appointed Jason O’Connor as president of its intel sector, elevating a longtime company executive to lead classified programs supporting the U.S. intelligence community and defense customers. Who Is Jason O’Connor? O’Connor has more than 30 years of experience in federal contracting and technology leadership, according t...
V2X has expanded its board of directors from seven to 10 members with the election of three new directors. Who Joined V2X’s Board of Directors? According to V2X’s Form 8-K filed with the Securities and Exchange Commission on Wednesday, the company appointed Nicole Theophilus, Gerard Fasano and Ross Niebergall as Class I, Class II and...
Leidos has appointed Theodore “Ted” Tanner Jr. as chief technology officer, succeeding Jim Carlini, who has held the role since 2019. Tanner will officially assume the position on Jan. 5 and will be responsible for driving advancements in artificial intelligence, mission-critical software, cybersecurity and quantum technologies, Lei...
Leidos has secured a task order valued at up to $454.9 million to provide Cloud One architecture and common shared services support for the Air Force. The firm-fixed-price task order, issued through the General Services Administration multiple award schedule, covers enterprise cloud support across multiple locations outside the continental United St...
The U.S. State Department has cleared two potential foreign military sales to Denmark totaling an estimated $3.73 billion for air-to-air missiles and an integrated air and missile defense capability. RTX is the principal contractor for the AIM-120C-8 Advanced Medium Range Air-to-Air Missiles sale, the Defense Security Cooperation Agency said F...
