Sign In
Search
Business/Financial

Leidos Posts Slight Earnings Gain On Record Sales In Third Quarter

Cal Biesecker By
SHARE:
Leidos Posts Slight Earnings Gain On Record Sales In Third Quarter
Indirect Fire Protection Capability Increment 2. Image: Leidos

Leidos [LDOS] on Tuesday reported a slight increase in earnings in its third quarter led by its Health and Civil segment while sales growth was solid. Net income edged up 2 percent to $369 million, $2.82 earnings per share (EPS), from $362 million ($2.68 EPS) a year ago. Operating margin fell 30 basis points to 8.3 percent. Excluding acquisition and restructuring costs, asset impairment costs, interest and income expenses and other discrete items, adjusted earnings of $3.05 per share surged…

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

Rocket Lab Closes Mynaric Acquisition At Higher Price Than Originally Agreed

Business/Financial

Lockheed Martin Invests $25 Million In Fortem Technologies To Strengthen C-UAS Capabilities

Business/Financial

Anduril Adds Edison Chouest Offshore For MUSV Production In The U.S.

Business/Financial

Boeing Narrows Losses In First Quarter On Strong Defense Showing

Trending

USAF Issues Correction on 319 Procurement Number for KC-46s, Says Number Is 263
USAF Examining Software, Construction Competition For Sentinel Program
Lockheed Martin Invests $25 Million In Fortem Technologies To Strengthen C-UAS Capabilities
Space Force Budget Includes $1.8 Billion To Modernize Launch at Vandenberg And Cape Canaveral
DoD Details Massive Drone, Industrial Base Investment In FY ‘27, Explains Reconciliation Outlook

Congress Updates

Air Force

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume