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Leidos [LDOS] last week posted higher earnings and sales in the third quarter driven largely by the acquisition of an information and technology services business from Lockheed Martin [LMT] in August combined with a lower tax rate and modest organic growth.Net income soared 86 percent to $91 million, 80 cents earnings per share (EPS), from $49 million (67 cents EPS) a year ago on the strength of the acquisition, the lower tax rate, and better operating performance.Sales increased 43 percent…
