
A defense analyst warned that China may be watching gleefully as the Pentagon scrambles to restock two weapons classes critical to any future great-power fight.
Leidos, formerly known as Science Applications International Corporation (SAIC), is an American defense, aviation, information technology (Lockheed Martin IS&GS), and biomedical research company headquartered in Reston, Virginia, that provides scientific, engineering, systems integration, and technical services.
| Revenue (TTM) | $17.63B |
| Gross Profit (TTM) | $3.14B |
| EBITDA | $2.38B |
| Operating Margin | 11.70% |
| Return on Equity | 27.80% |
| Return on Assets | 8.91% |
| Revenue/Share (TTM) | $139.40 |
| Book Value | $42.11 |
| Price-to-Book | 2.96 |
| Price-to-Sales (TTM) | 0.88 |
| EV/Revenue | 1.218 |
| EV/EBITDA | 9.27 |
| Quarterly Earnings Growth (YoY) | -6.70% |
| Quarterly Revenue Growth (YoY) | 7.20% |
| Shares Outstanding | $125.78M |
| Float | $124.56M |
| % Insiders | 0.55% |
| % Institutions | 84.73% |
Volatility is currently expanding

A defense analyst warned that China may be watching gleefully as the Pentagon scrambles to restock two weapons classes critical to any future great-power fight.

Leidos Holdings is upgraded from Hold to Buy due to a compelling valuation and strong earnings figures in 3 out of the 4 segments. Q2 2026 earnings revealed robust growth in Defense, Homeland, and Intelligence & Digital segments, offsetting Health segment weakness. Backlog reached $48.7B (up 5% YoY), with funded backlog surging 44% to $10.2B, enhancing revenue visibility and supporting the positive outlook.

RESTON, Va., Sept. 22, 2026 /PRNewswire/ -- In today's rapidly evolving security environment, military commanders rely on timely, high-quality intelligence to make critical decisions.

The latest trading day saw Leidos (LDOS) settling at $130.96, representing a +1.24% change from its previous close.

Leidos' latest quarter showed improving momentum, contract wins and higher full-year guidance. The ENTRUST acquisition meaningfully expands Leidos' grid modernization and power engineering footprint.

LDOS' $875M Navy contract extension expands its defense IT role, supports 650,000+ personnel and adds revenue visibility amid network modernization.

Department of Navy awards $875 million for second option year on contract to secure and maintain critical networks worldwide RESTON, Va., Sept. 14, 2026 /PRNewswire/ -- Leidos (NYSE: LDOS) will continue helping keep more than 650,000 U.S. Navy and Marine Corps personnel securely connected by managing more than 425,000 devices at more than 2,500 sites around the world.

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LDOS is expanding its hypersonics role as Army and Navy programs move toward production, boosting revenue visibility and supporting long-term growth.

Leidos Holdings, Inc. (LDOS) Presents at Jefferies Global Industrials Conference 2026 Transcript
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