Sign In
Search
Business/Financial

Leidos Finishes 2022 With Solid Fourth Quarter; Sees Customers Wanting To Spend Ahead Of Debt Ceiling Showdown

Cal Biesecker By
SHARE:
Leidos Finishes 2022 With Solid Fourth Quarter; Sees Customers Wanting To Spend Ahead Of Debt Ceiling Showdown
Leidos Chairman and CEO Roger Krone. Photo: Leidos

Leidos [LDOS] on Tuesday posted higher earnings and sales in its fourth quarter with each operating segment contributing to the top-line growth and the bottom-line benefiting from lower taxes. Net income in the quarter was up 2 percent to $180 million, $1.28 earnings per share (EPS), from $176 million ($1.23 EPS) a year ago. Excluding a $37 million impairment charge, which was related to facility consolidation, and acquisition, integration and amortization costs, per share earnings of $1.83 were well above…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Singularity, Startup Developing Low-Cost Air Defense Systems, Exits Stealth With $80 Million Round

Business/Financial

Trump Tries Tightening Defense Contractors Access To Strategic Materials Sourced From Adversaries

Business/Financial

Pentagon’s Strategic Capital Office To Support Credit Funds Investing In Critical Minerals Companies

Business/Financial

Pentagon Invests $25 Million With ReElement To Process Recycled Magnets

Trending

Northrop Grumman To Produce SRMs For PAC-3 Missiles As Second Source
BETA Working With Sikorsky On New MV250 Hybrid-Electric VTOL For Contested Logistics
“More Than 50” Drones At A Time Target Of Lockheed Martin’s New MORFIUS X-Rotor HPM Design
Defense Watch: MQ-25, HASC Repubs, PA DIB, Green Wolf
At Least 15 F-35s “DD-250’ed” Since May 2025

Congress Updates

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume