Sign In
Search
Business/Financial

Leidos Posts Higher Sales, Income In Third Quarter; Plans Reorganization

Cal Biesecker By
SHARE:
Leidos Posts Higher Sales, Income In Third Quarter; Plans Reorganization
Leidos Chairman and CEO Roger Krone. Photo: Leidos

Leidos [LDOS] on Thursday posted higher earnings and sales in its third quarter and reported exceptionally strong bookings, particularly from intelligence community customers, and the company said it will reorganize into four operational segments beginning in January.Net income was up 79 percent to $147 million, 96 cents earnings per share (EPS), from $82 million (53 cents EPS) a year ago. Excluding amortization of acquired intangible assets and other integration and restructuring costs, adjusted earnings were $1.14 EPS, nipping consensus estimates…

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

Vatn Systems Acquires Company With Subsea Acoustic Sensing And Signal Processing Expertise

Business/Financial

Karman To Acquire Composites And Material Sciences Companies To Boost Navy Work

Business/Financial

Lockheed Martin, Saildrone Eye Missile Launch From USV This Summer During RIMPAC

Business/Financial

Space Radar, Satellite Startup Array Labs Raises $20 Million

Trending

Zumwalt Installs Of Hypersonic Weapon Tubes On Pace, Testing For IOC Unclear
Lockheed Conducts Successful First Flight Test Of Stinger Replacement Offering
Record F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says
DHS Creates Program Executive Office for Drone and Counter-Drone Systems
Trump Directive Halts Dividends, Stock Repurchases By “Major Defense Contractors”

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…

Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume