Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Mex$2,212, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Professional Services industry globally. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$3,936 per share. Reported Earnings • May 11
First quarter 2026 earnings released: EPS: US$2.60 (vs US$2.79 in 1Q 2025) First quarter 2026 results: EPS: US$2.60 (down from US$2.79 in 1Q 2025). Revenue: US$4.40b (up 3.7% from 1Q 2025). Net income: US$328.0m (down 9.6% from 1Q 2025). Profit margin: 7.5% (down from 8.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Professional Services industry. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 11
First quarter dividend of US$0.43 announced Shareholders will receive a dividend of US$0.43. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 07
Leidos Holdings, Inc. Raises Earnings Guidance for the Fiscal Year 2026 Leidos Holdings, Inc. raised earnings guidance for the fiscal year 2026. For the year, the company expects revenue to be $18.00 billion - $18.40 billion compared to previous guidance of $17.50 billion - $17.90 billion. Announcement • May 03
Leidos Holdings, Inc. Declares A Quarterly Cash Dividend, Payable on June 30, 2026 Leidos Holdings, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.43 per outstanding share of the company's common stock. The cash dividend is payable on June 30, 2026, to stockholders of record as of the close of business on June 15, 2026. Announcement • Apr 06
Leidos Holdings, Inc. to Report Q1, 2026 Results on May 05, 2026 Leidos Holdings, Inc. announced that they will report Q1, 2026 results Pre-Market on May 05, 2026 Announcement • Mar 20
Leidos Holdings, Inc., Annual General Meeting, May 01, 2026 Leidos Holdings, Inc., Annual General Meeting, May 01, 2026. Location: 1750 presidents street, virginia 20190, reston United States Upcoming Dividend • Mar 09
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 16 March 2026. Payment date: 31 March 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Mexican dividend payers (6.1%). Lower than average of industry peers (2.4%). Declared Dividend • Feb 23
Fourth quarter dividend of US$0.43 announced Shareholders will receive a dividend of US$0.43. Ex-date: 16th March 2026 Payment date: 31st March 2026 Dividend yield will be 0.8%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 17
Full year 2025 earnings released: EPS: US$11.31 (vs US$9.36 in FY 2024) Full year 2025 results: EPS: US$11.31 (up from US$9.36 in FY 2024). Revenue: US$17.2b (up 3.1% from FY 2024). Net income: US$1.45b (up 16% from FY 2024). Profit margin: 8.4% (up from 7.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Global Professional Services industry. Announcement • Feb 17
Leidos Holdings, Inc. Provides Earnings Guidance for the Fiscal Year 2026 Leidos Holdings, Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue in the range of $17.5 billion to $17.9 billion. Announcement • Feb 14
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2026 Leidos Holdings, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.43 per outstanding share of the company's common stock. The cash dividend is payable on March 31, 2026, to stockholders of record as of the close of business on March 16, 2026. Announcement • Feb 12
Leidos Holdings, Inc. to Launch Next Phase of Dodnet Transformation Through Accelerated Migration of Defense Agencies Leidos is accelerating the migration of eight additional Defense Agencies and Field Activities to DODNet, the Defense Information Systems Agency's (DISA) modern network environment. Building on the successful transition of five agencies this year, this effort will help DISA enhance user experience and advance Zero Trust compliance while bolstering mission readiness. Over the next 18 months, Leidos is expected to transition more than 100,000 users to DODNet including the Defense Finance and Accounting Service, Defense Logistics Agency, Defense Manpower Data Center, Defense Media Activity, Defense Threat Reduction Agency, and Missile Defense Agency. This next phase of accelerated migration marks a significant step forward in the $11.5 billion, 10-year Defense Enclave Services program. Leidos has been leading operations for the DODNet program since February 2022, consolidating 26 separate networks and 12 help desks into a single, optimized environment. Digital modernization and cyber solutions are key elements of the company's NorthStar 2030 growth strategy. Announcement • Jan 13
Leidos Holdings, Inc. to Report Q4, 2025 Results on Feb 17, 2026 Leidos Holdings, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 17, 2026 Announcement • Dec 15
Leidos Holdings, Inc. Announces Executive Changes, Effective January 5, 2026 Leidos Holdings, Inc. appointed Theodore "Ted" Tanner Jr. as its new chief technology officer, effective January 5, 2026, succeeding Jim Carlini. Tanner most recently served as chief technology and strategy officer at BigBear.ai. At BigBear.ai, Tanner led development of AI and machine learning capabilities for the U.S. Department of War and intelligence and civilian agencies. He also currently sits on the scientific advisory board of QuiverBioscience, which is applying AI to the development of treatments for brain disorders. A veteran of multiple Silicon Valley companies, including Apple and Microsoft, Tanner holds 18 U.S. patents in AI, machine learning and other technologies. Before BigBear.ai, he was IBM Watson Health's chief technology officer and chief architect, applying advanced technologies to genomics, pharmacology and oncology. Tanner also co-founded startups PokitDok and BeliefNetworks. Jim Carlini, who has been CTO since 2019, will step down but will remain as a senior advisor on national security matters. Announcement • Nov 04
Leidos Holdings, Inc. Reaffirms Revenue Guidance for the Fiscal Year 2025 Leidos Holdings, Inc. reaffirmed revenue guidance for the fiscal year 2025. For the year, the company expects revenue of $17.00 billion - $17.25 billion against the same as announced previously. Announcement • Nov 01
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on December 31, 2025 Leidos Holdings, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.43 per outstanding share of the company's common stock, a $0.03 increase compared to the prior quarterly dividend of $0.40 per share. The cash dividend is payable on December 31, 2025, to stockholders of record as of the close of business on December 15, 2025. Announcement • Oct 31
An undisclosed buyer entered into a definitive agreement to acquire Varec, Inc. from Leidos Holdings, Inc. (NYSE:LDOS). An undisclosed buyer entered into a definitive agreement to acquire Varec, Inc. from Leidos Holdings, Inc. (NYSE:LDOS) on October 30, 2025.
The transaction is expected to close in the fourth quarter of 2025 subject to customary closing conditions. Announcement • Oct 17
Leidos and VML Debuts Imperium™?, New AI-Powered Platform to Enhance U.S. Strategic Information Operations Leidos and VML have created Imperium, a new artificial intelligence (AI)-powered technology platform designed to enhance U.S. capabilities to conduct information operations. Imperium enables information dominance through advanced planning, implementation, analysis and assessment tools, in alignment with compliance frameworks and ethical standards. The platform can automatically recognize shifting narratives, emerging threats and opportunities for proactive response in support of U.S. information operations. These capabilities are enabled through Leidos' and VML's combined artificial intelligence (AI) and global communications expertise. Leidos and VML invested over a period of three years to develop Imperium. Leidos integrated its Trusted Mission AI into the platform to drive faster, more expansive data analysis and insights. Leidos' Trusted Mission AI is purpose-built with transparency and explainability features that provide operators with reliable, mission-ready intelligence for national security applications. Imperium is aimed at improving U.S. combatant commands' agility and speed in executing and assessing information operations. Initial tests demonstrated that Imperium can boost mission planning efficiency, including by reducing certain tasks from days to hours. Announcement • Sep 30
Leidos Holdings, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Leidos Holdings, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025 Recent Insider Transactions • Sep 05
Insider recently sold Mex$1.8m worth of stock On the 4th of September, Steve Hull sold around 553 shares on-market at roughly Mex$3,338 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$43m. Insiders have been net sellers, collectively disposing of Mex$77m more than they bought in the last 12 months. Announcement • Sep 04
Leidos Unveils Sea Dagger Design to Advance Uk Maritime Autonomy Capabilities Leidos announced that it is unveiling Sea Dagger, a next-generation Commando Insertion Craft (CIC) concept developed for the Royal Navy. The first craft of its size to combine speed, range, vehicle delivery and modular mission systems into a single platform, Sea Dagger sets a new standard in maritime autonomy and operational agility. Developed under the UKCommand Force (UKCF) programme, the initiative's goal is to deliver 24 medium surface insertion craft capable of deploying Command Strike teams, light tactical mobility platforms, offboard systems, and medium combat loads from long range, enabled by training and in-service support. Capable of exceeding 40 knots, Sea Dagger is the result of a collaborative development effort between Leidos Naval Architects and military subject matter experts, the Royal Navy, and UKCF. The design builds on more than 30 years of fast-craft expertise and incorporates Leidos technology, including Trusted Mission AI, autonomous systems and integrated weaponry. Operational resilience is central to the concept, with a focus on readiness, availability, maintainability and repairability. The platform is designed to continue delivering its mission under stress, disruption or attack for an enduring presence in contested environments. Aligned with AUKUS Pillar 2 maritime autonomy objectives and the UK Strategic Defence Review's vision to move to warfare readiness and increasing lethality, Sea Dagger helps ensure the UKCF can respond quickly with the tools, training and systems needed to face the evolving threats and demands of modern conflict. Sea Dagger addresses the most pressing challenge faced by specialised units operating in coastal and shallow-water environments around the world. Unlike historical near-shore landing craft, Sea Dagger delivers a unique combination of naval architecture and high-technology sensors, weapons and C2 (command-and-control) capabilities shaped by the realities of warfare in modern conflicts. Recent Insider Transactions • Aug 28
Insider recently sold Mex$43m worth of stock On the 20th of August, Steve Hull sold around 13k shares on-market at roughly Mex$3,343 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$75m more than they bought in the last 12 months. Recent Insider Transactions • Aug 13
Insider recently sold Mex$25m worth of stock On the 8th of August, Steve Hull sold around 8k shares on-market at roughly Mex$3,269 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$26m more than they bought in the last 12 months. Declared Dividend • Aug 11
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 0.8%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 16%. Announcement • Aug 06
Leidos Holdings, Inc. Revises Financial Guidance for the Fiscal Year 2025 Leidos Holdings, Inc. revised financial guidance for the fiscal year 2025. For the year, the company is revised revenues guidance to be in the range of $17 billion - $17.25 billion compared to previous outlook of $16.90- $17.30 billion. Reported Earnings • Aug 05
Second quarter 2025 earnings released: EPS: US$3.03 (vs US$2.39 in 2Q 2024) Second quarter 2025 results: EPS: US$3.03 (up from US$2.39 in 2Q 2024). Revenue: US$4.25b (up 2.9% from 2Q 2024). Net income: US$391.0m (up 21% from 2Q 2024). Profit margin: 9.2% (up from 7.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Global Professional Services industry. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Aug 02
Leidos Holdings, Inc. Declares Regular Quarterly Cash Dividend, Payable on September 30, 2025 Leidos Holdings, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.40 per outstanding share of the company's common stock. The cash dividend is payable on September 30, 2025, to stockholders of record as of the close of business on September 15, 2025. Announcement • Jul 08
Leidos Holdings, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Leidos Holdings, Inc. announced that they will report Q2, 2025 results at 12:30 PM, US Eastern Standard Time on Aug 05, 2025 Announcement • Jun 05
Leidos Using Quantum Technology to Thwart GPS Jamming Leidos is developing an alternative navigation technology that measures variations in the Earth's magnetic field andharnesses the quantum properties of nitrogen in diamonds. Quantum sensing uses microscopic particles that can simultaneously exist in multiple states to more accurately detect aspects of geophysical properties like magnetic fields. Leidos has been doing quantum work for years, applying it to a variety of cyber security and sensing applications. Ultimately, Leidos intends to fly a MagNav system with the new magnetometer. If successful, the technology has the potential to significantly advance navigation technology for military use. Announcement • May 28
Leidos Holdings, Inc. (NYSE:LDOS) acquired Kudu Dynamics, LLC for $300 million. Leidos Holdings, Inc. (NYSE:LDOS) acquired Kudu Dynamics, LLC for $300 million on May 23, 2025. This is an all-cash acquisition for $300 million. Robert W. Baird & Co. Incorporated, Investment Banking Arm acted as exclusive financial advisor to Kudu Dynamics on this transaction.
Leidos Holdings, Inc. (NYSE:LDOS) completed the acquisition of Kudu Dynamics, LLC on May 23, 2025. Declared Dividend • May 12
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 16th June 2025 Payment date: 30th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 17%. Recent Insider Transactions • May 10
Independent Director recently sold Mex$3.8m worth of stock On the 9th of May, Gregory Dahlberg sold around 1k shares on-market at roughly Mex$3,011 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$2.1m more than they bought in the last 12 months. Reported Earnings • May 06
First quarter 2025 earnings released: EPS: US$2.79 (vs US$2.09 in 1Q 2024) First quarter 2025 results: EPS: US$2.79 (up from US$2.09 in 1Q 2024). Revenue: US$4.25b (up 6.8% from 1Q 2024). Net income: US$363.0m (up 28% from 1Q 2024). Profit margin: 8.6% (up from 7.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Professional Services industry. Announcement • May 06
Leidos Holdings, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2025 Leidos Holdings, Inc. reaffirmed earnings guidance for the fiscal year 2025. For the year, company expects revenue to be in the range of $16.90 Billion to $17.30 Billion. Announcement • May 04
Leidos Holdings, Inc. Declares Regular Quarterly Cash Dividend, Payable on June 30, 2025 Leidos Holdings, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.40 per outstanding share of the company's common stock. The cash dividend is payable on June 30, 2025, to stockholders of record as of the close of business on June 16, 2025. Announcement • Apr 09
Leidos Holdings, Inc. to Report Q1, 2025 Results on May 06, 2025 Leidos Holdings, Inc. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on May 06, 2025 Announcement • Mar 26
Leidos Appoints Adam Clarke Chief Executive for Leidos UK & Europe, Effective March 31, 2025 Leidos has selected Adam Clarke as chief executive of Leidos U.K. & Europe effective from 31 March 2025. Clarke brings more than 20 years of experience across aerospace, defence and security sectors to lead Leidos' European operations. He replaces Eric Freeman who is facilitating the transition before returning to the U.S. Prior to joining Leidos, Clarke was U.K. managing director for the helicopters division at Leonardo and held senior positions with the company for over two decades, including strategy and competitive analysis director for the electronics division. Clarke holds a master's degree in manufacturing engineering and operations management from the University of Nottingham and a Master of Business Administration from the INSEAD Business School. Announcement • Mar 10
Leidos Holdings, Inc., Annual General Meeting, May 02, 2025 Leidos Holdings, Inc., Annual General Meeting, May 02, 2025. Location: 1750 presidents street, reston, virginia 20190, United States Announcement • Feb 19
Leidos Holdings, Inc. Announces Executive Changes Leidos Holdings, Inc. announced that it is promoting Jason Albanese to corporate executive vice president and chief growth officer effective March 3, 2025 succeeding Gerry Fasano who will retire as planned on April 4, 2025. Albanese now is senior vice president of growth for the company's National Security sector. He has an outstanding record of performance during a career that has included assignments in growth, business development, program management and engineering. Reporting to Bell, Albanese will be central to implementing the company's new NorthStar 2030 strategy. Albanese joined Leidos in 2017 following the merger with Lockheed Martin's Information Systems and Global Solutions organization. Initially he led strategy and business development for the company's defense group, then held similar responsibilities for the health and intelligence businesses before assuming his role in the National Security sector last year. He holds engineering degrees from the University of Pennsylvania and Villanova University, and a finance degree from the University of Maryland. Declared Dividend • Feb 16
Fourth quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 14th March 2025 Payment date: 28th March 2025 Dividend yield will be 0.8%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 17%. Reported Earnings • Feb 13
Full year 2024 earnings released: EPS: US$9.36 (vs US$1.45 in FY 2023) Full year 2024 results: EPS: US$9.36 (up from US$1.45 in FY 2023). Revenue: US$16.7b (up 7.9% from FY 2023). Net income: US$1.25b (up US$1.06b from FY 2023). Profit margin: 7.5% (up from 1.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Global Professional Services industry. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 11
Leidos Holdings, Inc. Provides Financial Guidance for the Fiscal Year 2025 Leidos Holdings, Inc. provided financial guidance for the fiscal year 2025. For the year, the company expects revenues in the range of $16.9 billion - $17.3 billion. Announcement • Feb 09
Leidos Holdings, Inc. Declares Regular Quarterly Cash Dividend, Payable on March 28, 2025 Leidos Holdings, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.40 per outstanding share of the company's common stock. The cash dividend is payable on March 28, 2025, to stockholders of record as of the close of business on March 14, 2025. Announcement • Jan 17
Leidos Holdings, Inc. Announces Retirement of Gerard A. Fasano as Chief Growth Officer, Effective April 4, 2025 On January 13, 2025, Gerard A. Fasano, Chief Growth Officer of Leidos Holdings, Inc. informed the Company of his intention to retire from the Company, effective April 4, 2025, following a distinguished career of over 40 years. Announcement • Jan 14
Leidos Holdings, Inc. to Report Q4, 2025 Results on Feb 11, 2025 Leidos Holdings, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 11, 2025 Declared Dividend • Dec 14
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 16th December 2024 Payment date: 31st December 2024 Dividend yield will be 0.7%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 17%. Recent Insider Transactions • Nov 24
Independent Director recently bought Mex$6.5m worth of stock On the 20th of November, Noel Geer bought around 2k shares on-market at roughly Mex$3,271 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$15m more in shares than they bought in the last 12 months. Recent Insider Transactions • Nov 08
Independent Director recently sold Mex$3.9m worth of stock On the 31st of October, Robert Kovarik sold around 1k shares on-market at roughly Mex$3,707 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$35m more than they bought in the last 12 months. Announcement • Oct 29
Leidos Holdings, Inc. Revises Financial Guidance for the Fiscal Year 2024 Leidos Holdings, Inc. revised financial guidance for the fiscal year 2024. For the year, the company is revised revenues guidance to be in the range of $16.35 billion - $16.45 billion compared to previous outlook of $16.10 billion - $16.40 billion. Announcement • Oct 26
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on December 31, 2024 Leidos Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per outstanding share of common stock of Leidos Holdings, Inc., a $0.02 increase compared to the prior quarterly dividend of $0.38 per share. The cash dividend is payable on December 31, 2024, to stockholders of record as of the close of business on December 16, 2024. Announcement • Oct 14
Leidos Holdings, Inc. Announces Airshield™, the New Name for Its Latest Solution for Counter-Unmanned Aerial System (C-Uas) Missions Leidos Holdings, Inc. announced AirShield™, the new name for its latest solution for counter-unmanned aerial system (C-UAS) missions. The next step in the evolution of the system's architecture will include expanded capabilities featuring both kinetic and non-kinetic effectors. The reintroduction comes amid the company's desire to highlight how its successfully tested technology stands out from other options already on the market. AirShield is engineered to deliver robust air defense while on the move, providing capabilities among the most advanced in the industry. The system employs advanced threat assessment along with multiple mechanisms to provide a comprehensive air defense solution against unmanned aerial vehicles (UAVs), particularly in dynamic and fluid operational environments. AirShield is a multi-layered system that can operate autonomously in a single location or on the move to provide protection from UAS threats. It's designed to excel in detection, tracking, classification, identification, prioritization, assessment, and neutralization of threats, providing a kill-chain solution that can seamlessly integrate into existing air defenses. As a leader in trusted mission AI, Leidos is also integrating its software innovations into the hardware development of AirShield. The system employs AI for weapon-to-threat pairing, previously managed by a rule-based algorithm. Ongoing research explores how further AI and Machine Learning enhancements can be integrated into the system. The company has also placed a high emphasis on cyber resiliency while developing the AirShield system. Future evolutions will integrate both offensive and defensive cyber strategies, offensively targeting and neutralizing threats while defensively combating any cyber intrusions and attacks. The original C-UAS work for Leidos began under the Defense Advanced Research Projects Agency (DARPA) Mobile Force Protection (MFP) program. Following last year's successful demonstration, the program transitioned to the U.S. Army Combat Capabilities Development Command (DEVCOM) Aviation and Missile Center. Announcement • Oct 07
Leidos Holdings, Inc. Appoints Leslie Fautsch as Chief Human Resources Officer Leidos announced the appointment of Leslie Fautsch as the company's new chief human resources officer. In this role, Fautsch will be responsible for supporting 48,000 Leidos employees worldwide and shaping the company's differentiated workforce strategy. Fautsch has over 20 years of experience and has served Leidos in various HR capacities for nearly 14 years, most recently leading enhancements to the company's total rewards programs and redefining the human capital strategy. Fautsch was previously senior vice president for HR operations and total rewards where she oversaw compensation, benefits, and recognition programs. She also led HR for the company's corporate and enterprise functions, piloting enterprise-wide initiatives and talent strategies. Previously, Fautsch held multiple HR leadership positions within Leidos lines of business, including ethics and employee relations. Prior to joining Leidos, Fautsch served in employee relations, ethics, and HR management roles at another major aerospace company. Fautsch is a licensed attorney and holds a law degree from Marquette University as well as a bachelor's degree in government and public policy from the University of Notre Dame. Announcement • Oct 03
Leidos Holdings, Inc. Names Thomas J. Downey as Executive Vice President, Chief Communications and Marketing Officer, Effective October 7, 2024 Leidos Holdings, Inc. has named Thomas J. Downey as executive vice president, chief communications and marketing officer, reporting to Leidos CEO Tom Bell, effective October 7, 2024. Downey joins Leidos with extensive industry experience garnered through a 31-year career at Boeing and heritage
McDonnell Douglas; including more than a decade as Boeing's top communications official. In his role, Downey will lead all aspects of the company's internal and external communications and marketing functions. He will also oversee the integration of the Leidos government affairs team within the organization to ensure the company speaks with one voice to all constituencies while continuing to shape the stories and policies that impact its ability to innovate and deliver for customers. During his three decades in industry, Downey has held a wide range of positions in communications, community
relations, business development and legislative affairs. He is a graduate of Saint Louis University, previously served as a public affairs officer in the U.S. Navy Reserve and worked on Capitol Hill as a Brookings Institution Congressional Fellow. He is an active supporter of numerous charitable organizations. Announcement • Oct 02
Leidos Holdings, Inc. to Report Q3, 2024 Results on Oct 29, 2024 Leidos Holdings, Inc. announced that they will report Q3, 2024 results on Oct 29, 2024 Announcement • Sep 19
Leidos Announces Appointment of Tina Jonas to Its Board of Directors, Effective September 25, 2024 Leidos announced that Tina Jonas has been appointed to the company's Board of Directors, effective September 25, 2024. She will also join the Board's Audit and Finance Committee. Jonas is a recognized expert in military, defense and aerospace issues. Her background includes transformational leadership, strategy and planning, business development, operations, finance and technology deployment at the higher levels in the U.S. government and commercial sectors. Jonas joins Leidos with more than 20 years of experience in the federal government, including serving as Undersecretary of Defense (Comptroller) for the Department of Defense, assistant director and chief financial officer for the Federal Bureau of Investigation, Deputy Undersecretary of Defense for Financial Management and senior analyst with the Office of Management and Budget and the House Appropriations Defense Subcommittee. Following her government service, she held executive positions in the aerospace and defense industry, including at United Technologies, Sikorsky Aircraft, and UnitedHealth Group Incorporated. Jonas serves on the board of Virgin Galactic Holdings, Inc. and Centrus Energy Corporation. Jonas previously served on several boards including Airbus Group North America and the Aerospace Corporation among others. Upcoming Dividend • Sep 06
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Mexican dividend payers (7.2%). Lower than average of industry peers (1.7%). Recent Insider Transactions • Aug 15
Independent Director recently sold Mex$2.7m worth of stock On the 13th of August, Gary May sold around 1k shares on-market at roughly Mex$2,747 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$2.9m. Insiders have been net sellers, collectively disposing of Mex$35m more than they bought in the last 12 months. Declared Dividend • Aug 14
Second quarter dividend of US$0.38 announced Shareholders will receive a dividend of US$0.38. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 0.7%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 47%. Cash payout ratio: 15%. Announcement • Aug 01
Leidos Holdings, Inc. Revises Earnings Guidance for the Year 2024 Leidos Holdings, Inc. revised earnings guidance for the year 2024. For the year, the company is revised revenues of $16.1 billion - $16.4 billion compared to previous outlook of $16.0 billion - $16.4 billion. Announcement • Jul 30
Leidos Appoints Ron Keesing as chief AI officer Leidos announced the appointment of Ron Keesing as chief AI officer. In this role, Keesing will lead Leidos' strategic initiatives advancing Trusted Mission AI solutions and deploying those solutions across all customer missions. Keesing brings over two decades of pioneering experience in AI, machine learning, and advanced analytics. An integral part of the Leidos team since March 2004, Keesing has served as the founding director of the Leidos AI Accelerator and most recently served as senior vice president of technology integration, responsible for driving mission-critical AI as a core discriminator of the company's data-driven solutions. Under Keesing's leadership, Leidos will continue to pioneer Trusted Mission AI across its solutions, further solidifying its position as the partner of choice for cutting-edge AI firms and addressing the evolving needs of its diverse customer base. Announcement • Jul 27
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on September 27, 2024 Leidos Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per outstanding share of common stock. The cash dividend is payable on September 27, 2024, to stockholders of record as of the close of business on September 13, 2024. Announcement • Jun 26
Leidos Holdings, Inc. to Report Q2, 2024 Results on Jul 30, 2024 Leidos Holdings, Inc. announced that they will report Q2, 2024 results on Jul 30, 2024 Announcement • Apr 30
Leidos Holdings, Inc. Updates Earnings Guidance for the Fiscal Year 2024 Leidos Holdings, Inc. updated earnings guidance for the fiscal year 2024. For the period, the company expects revenues of $16.0 billion - $16.4 billion as compared to $15.7 billion - $16.1 billion provided previously. Announcement • Apr 28
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on June 28, 2024 Leidos Holdings, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.38 per outstanding share of common stock of the company. The cash dividend is payable on June 28, 2024, to stockholders of record as of the close of business on June 14, 2024. Announcement • Apr 03
Leidos Holdings, Inc. to Report Q1, 2024 Results on Apr 30, 2024 Leidos Holdings, Inc. announced that they will report Q1, 2024 results on Apr 30, 2024 Recent Insider Transactions • Mar 15
Independent Director recently sold Mex$17m worth of stock On the 13th of March, David Fubini sold around 8k shares on-market at roughly Mex$2,138 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$16m more than they bought in the last 12 months. Announcement • Mar 14
Leidos Holdings, Inc., Annual General Meeting, Apr 26, 2024 Leidos Holdings, Inc., Annual General Meeting, Apr 26, 2024, at 09:00 Eastern Daylight. Location: 1750 Presidents Street, Reston Virginia United States Agenda: To consider approval of, by an advisory vote, executive compensation; to consider the ratification of the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending January 3, 2025; to consider stockholder proposal regarding special shareholder meeting improvement, if properly presented; and to consider such other business as may properly come before the meeting or any adjournment thereof. Upcoming Dividend • Mar 08
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.2%. Lower than top quartile of Mexican dividend payers (6.3%). Lower than average of industry peers (1.8%). Announcement • Feb 15
Leidos Holdings, Inc. Reports Goodwill Impairment Charges for the Fourth Quarter Ended December 29, 2023 Leidos Holdings, Inc. reported goodwill impairment charges for the fourth quarter ended December 29, 2023. For the quarter, the company reported goodwill impairment charges of $3 million. Announcement • Feb 13
Leidos Holdings, Inc. Provides Earnings Guidance for the Fiscal Year 2024 Leidos Holdings, Inc. provided earnings guidance for the fiscal year 2024. for the year, the company expects Revenue of $15.7 billion to $16.1 billion. Announcement • Feb 09
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2024 Leidos Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per outstanding share of common stock of Leidos Holdings, Inc. The cash dividend is payable on March 28, 2024, to stockholders of record as of the close of business on March 15, 2024. Announcement • Jan 18
Leidos Holdings, Inc. Announces Executive Changes Leidos Holdings, Inc. announced the appointment of Dan Antal as General Counsel, effective April 1, 2024. Antal, who currently serves as General Counsel for Rolls-Royce Defense and North America, will succeed Jerry Howe, who announced his planned retirement from the Company. Howe will continue as General Counsel until March 31, 2024, remaining in an advisory capacity to ensure a smooth transition through March 15, 2025. Before joining Rolls-Royce in 2021, Antal had a long career at Leidos in a variety of positions in the legal function. His last position in the company was Senior Vice President, General Counsel - Civil Group for Leidos. Antal has extensive experience across the Defense & Aerospace industries leading a range of General Counsel functions including Legal, Corporate Governance, Contracts, and Risk. He previously spent more than seven years at Leidos, where he served as general counsel for defense and corporate secretary, before supporting the Civil Group. He also worked at MWH Global and served there as director of risk management for the Middle East and director of operations. Antal has an MBA from the University of Denver Daniels Business College and a Juris Doctorate from the University of Denver Sturm College of Law. Announcement • Jan 17
Leidos Holdings, Inc. to Report Q4, 2023 Results on Feb 13, 2024 Leidos Holdings, Inc. announced that they will report Q4, 2023 results at 12:30 PM, US Eastern Standard Time on Feb 13, 2024 Announcement • Dec 15
Leidos Holdings, Inc. Announces Management Changes On December 11, 2023, the Board of Directors of Leidos Holdings, Inc. increased the size of the Board to 13 members and elected Vice Admiral (Retired) Nancy Ann Norton as a Director of the Company, effective January 1, 2024. The Board has determined that Ms. Norton is independent and meets the applicable independence requirements of the New York Stock Exchange. On December 11, 2023, the Board appointed Daniel A. Atkinson IV, age 45, as the Company's Senior Vice President, Chief Accounting Officer and Corporate Controller, to be effective upon the filing of the Company's Annual Report on Form 10-K for the year ended December 29, 2023 (the " Effective Date "). Previously, Mr. Atkinson served as the Company's Assistant Corporate Controller since June 2021. Mr. Atkinson brings over 20 years of experience leading large teams in a number of different industries and has extensive proficiency in accounting, auditing, financial reporting and accounting information systems. Before joining Leidos, Mr. Atkinson was Director of Technical Accounting and Revenue Recognition at Booz Allen Hamilton from April 2018 until June 2021. He also held key leadership roles within the controller's organization at CSRA, Inc. from October 2016 to April 2018. Beginning January 8, 2024, Mr. Atkinson will receive a base salary of $340,000 per year and participate in the Company’s annual incentive plans for executive officers as further described in the Company’s most recent annual proxy statement, with a target cash bonus of 50% of his annual base salary. He will receive an annual equity award for fiscal year 2024 as part of the Company’s annual equity award program with a grant date fair value of $204,000, which is expected to consist of 50% performance share awards, 30% performance restricted stock units and 20% stock options, in each case subject to the applicable vesting terms (including performance vesting terms) further described in the Company’s most recent annual proxy statement. All equity grants will be made under the Amended and Restated 2017 Omnibus Incentive Plan. Mr. Atkinson will also be eligible to participate in other benefit plans consistent with the Company’s other executives.Carly E. Kimball will continue to serve as the Company's Chief Accounting Officer and Corporate Controller until the Effective Date, in addition to her new role as Chief Performance Officer, which will be effective January 1, 2024. Announcement • Nov 03
Leidos Announces Executive Changes, Effective Jan. 1, 2024 Leidos announced a realignment of its operating groups and changes to its corporate leadership structure and personnel, effective Jan. 1, 2024. These changes will help position the company to execute its ambitious, long-term strategy and achieve success on all measures. The company will be organized into five sectors: Health and Civil Sector led by President Liz Porter; National Security Sector led by President Roy Stevens; Commercial and International Sector led by President Vicki Schmanske; Digital Modernization Sector led by President Steve Hull; Defense Systems Sector led by President Cindy Gruensfelder. Gruensfelder joins Leidos bringing decades of extensive Aerospace and Defense platform engineering and program management experience. Leidos Dynetics will continue to be led by President Steve Cook. The company is also making changes to its corporate leadership structure and personnel: Gerry Fasano, current Defense Group president, will become Chief Growth Officer, responsible for fusing strategy, marketing, sales, government affairs, and communications into one cohesive force for growth; Carly Kimball, current Chief Accounting Officer and Corporate Controller, will become Chief Performance Officer, responsible for driving Leidos operational excellence, bringing together program execution, real estate, security, IT, and procurement. Announcement • Oct 28
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on December 29, 2023 Leidos Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per outstanding share of common stock of Leidos Holdings, Inc., a $0.02 increase compared to the prior quarterly dividend of $0.36 per share. The cash dividend is payable on December 29, 2023, to stockholders of record as of the close of business on December 15, 2023. Announcement • Oct 05
Leidos Holdings, Inc. to Unveil Enterprise Software Platform At Inter Airport Europe Leidos Holdings, Inc. announced the launch of ProSight, its newest enterprise software platform. ProSight, which provides airports and commercial organizations with high-risk points of entry a centralized, security management system, will be unveiled during inter airport Europe 2023, held October 10-13 in Munich, Germany. ProSight brings together systems and technologies that were traditionally disparate at security checkpoints, such as security screening equipment, threat detection algorithms and other third-party data. With a holistic view across the entire security screening operation, ProSight delivers actionable, real-time data through business intelligence dashboards, helping organizations improve operational efficiencies while enhancing threat detection. ProSight's open architecture software is designed for improved performance, maintainability, and scalability, as well as reduced development time and cost. The software's OpenAPI supports additional system connectivity to multiple device types and data sources. In the coming months, the new software will be deployed at several airports across the United Kingdom, Europe and Australia, ushering in a significant change in how organizations approach the management of their security operations. Announcement • Sep 26
Leidos Holdings, Inc. to Report Q3, 2023 Results on Oct 31, 2023 Leidos Holdings, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 31, 2023 Upcoming Dividend • Sep 08
Upcoming dividend of US$0.36 per share at 1.5% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Mexican dividend payers (6.5%). Lower than average of industry peers (1.9%). Announcement • Sep 07
Leidos Appoints Amy Smith to Senior Vice President, Government Affairs Leidos announced the promotion of Amy Smith to Senior Vice President of Government Affairs. Smith will manage the company's government affairs operation and serve as the lead advocate for Leidos on Capitol Hill. Smith joined Leidos as Vice President of Government Affairs in 2020. Previously she served for seven years as Chief of Staff and Senior Director, International Operations and Policy at Boeing. Smith began her career in the U.S. House of Representatives where she advised numerous members of Congress at both the personal office and committee levels over a period of 17 years. During that time, she became a key advisor to House leadership, serving as policy analyst for appropriations under Majority Whip Tom Delay, then as floor director under Majority Whip Roy Blunt. Smith finished her time on Capitol Hill as Policy Director for six years for the House Transportation and Infrastructure Committee. She is a graduate of Florida International University, where she earned a Bachelor of Arts in political science and government. Announcement • Aug 03
Leidos Holdings, Inc. Updates Earnings Guidance for the Fiscal Year 2023 Leidos Holdings, Inc. updated earnings guidance for the fiscal year 2023. For the year, the company expected revenue to be in the range of $14.9 billion to $15.2 billion as compared to prior guidance of $14.7 billion to $15.1 billion. Announcement • Jul 29
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on September 29, 2023 Leidos Holdings, Inc. 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. Announcement • Jun 29
Leidos Holdings, Inc. to Report Q2, 2023 Results on Aug 01, 2023 Leidos Holdings, Inc. announced that they will report Q2, 2023 results on Aug 01, 2023 Announcement • Jun 19
Leidos' MACH-TB Program Successfully Completes 1st Test Launch Leidos announced its Dynetics team has successfully completed a large-scale test for its MACH-TB program. The Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) program is meant to increase the speed of testing for all commercially available hypersonic systems. The program also called for the creation of an experimental glide body (EGB) that will allow the team to gather data on and validate performance of hypersonic glide body components. The inaugural launch took place on June 17 at 9:24 p.m. UTC from Rocket Lab's Launch Complex 2 at Virginia's Mid-Atlantic Regional Spaceport within NASA's Wallops Flight Facility. Rocket Lab was selected by Leidos to provide hypersonic test launch capabilities under the MACH-TB project awarded by Naval Surface Warfare Center (NSWC) Crane through the Strategic and Spectrum Missions Advanced Resilient Trusted Systems (S2MARTS) Other Transaction Authority (OTA) vehicle on behalf of the U.S. Department of Defense. The next phase of the program will expand upon this successful test to develop additional opportunities to increase the U.S.' cadence of hypersonic flight testing in support of technology maturation. Recent Insider Transactions • May 23
CEO & Director recently bought Mex$8.9m worth of stock On the 22nd of May, Thomas Bell bought around 6k shares on-market at roughly Mex$1,407 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months. Recent Insider Transactions • May 11
Independent Chairman recently bought Mex$7.1m worth of stock On the 4th of May, Robert Shapard bought around 5k shares on-market at roughly Mex$1,414 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$1.18 (vs US$1.26 in 1Q 2022) First quarter 2023 results: EPS: US$1.18 (down from US$1.26 in 1Q 2022). Revenue: US$3.70b (up 5.9% from 1Q 2022). Net income: US$162.0m (down 7.4% from 1Q 2022). Profit margin: 4.4% (down from 5.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Professional Services industry. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Pat Shanahan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Pat Shanahan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 15
Leidos Holdings, Inc. Provides Revenue Guidance for the Fiscal Year 2023 Leidos Holdings, Inc. provided revenue guidance for the fiscal year 2023. for the year, the company expects revenue in the range of $14.7 billion to $15.1 billion. Announcement • Feb 11
Leidos Holdings, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2023 Leidos Holdings, Inc. 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 March 31, 2023, to stockholders of record as of the close of business on March 15, 2023. Announcement • Feb 02
Leidos Introduces Zero Trust Tool Suite to Advance Government Security Standards Leidos announced the availability of version 2.0 of its Zero Trust Readiness Level (ZTRL™) tool suite. ZTRL is designed to accelerate Zero Trust adoption across the government in accordance with Executive Order 14028 and OMB memorandum M-22-09. ZTRL simplifies Zero Trust adoption for government organizations, consolidating a six-to-nine-month planning process into less than 60 days. ZTRL 2.0 also adds continuous reporting, capability planning automation, and customizable dashboards that drill into plans and progress towards meeting the criteria set out by the Cybersecurity and Infrastructure Security Agency (CISA) Zero Trust Maturity Model and the Department of Defense's Chief Information Officer (CIO) Zero Trust Strategy released in November 2022. Leidos is a leading full-spectrum provider of cybersecurity tools to the federal government. The company's cybersecurity experts manage some of the largest, most critical networks in the federal Government. ZTRL 2.0 leverages this experience as well as proof points collected from over 250 products in the Leidos Zero Trust Proving Ground in addition to the latest tools from partners including Zscaler US Government Solutions, LLC, Palo Alto Networks, and Cisco. 
