Sign In
Search
Business/Financial

Leidos Posts Strong Sales But Income Dips On Higher Taxes

Cal Biesecker By
SHARE:
Leidos Posts Strong Sales But Income Dips On Higher Taxes
Leidos Chairman and CEO Roger Krone. Photo: Leidos

Leidos [LDOS] on Tuesday posted solid second quarter financial results driven by strong revenue growth and orders although net income was down due to higher taxes. Based on the results, Leidos increased its sales and earnings guidance for 2019 and believes the outlook remains bright into the coming years. The outline of a two-year budget deal between Congress and the Trump administration that increases defense and non-defense spending the next two years and “allows for stable, predictable” budgets to create…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] 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

Earnings Dip, Sales Up In Fourth Quarter At Leidos

Business/Financial

Leidos Posts Mixed Results In First Quarter; Lowers Profit Outlook On Covid Impacts

Business/Financial

Lockheed Martin Posts Strong Second Quarter, Raises Earnings Guidance

Business/Financial

Lockheed Martin Continues Strong Momentum In Second Quarter With Higher Earnings, Sales

Trending

Missing Radiation Source Found in New Jersey; State, Federal Agencies Say They Did Not Use Drones To Look For It
18 Rocket Lab Satellites for SDA to Carry Standard Tactical SATCOM Radios, As Agency Awaits Funding for Advanced Tactical Data Links
U.S. Space Force Launches Seventh X-37B Mission
10,000 “Operationally Relevant” Commercial EO Images Provided to NGA Per Week
USAF Looking for “Revolutionary” Concepts for Next Generation Refueler-Airlift Teaming

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume