Sign In
Search
Business/Financial

Leidos Reports Higher Sales, Earnings In Fourth Quarter

Cal Biesecker By
SHARE:
Leidos Reports Higher Sales, Earnings In Fourth Quarter
Leidos won a potential $2.9 billion NASA IT contract in the first quarter of 2019.

Leidos [LDOS] on Tuesday posted higher sales and earnings due to top line growth across its business segments and higher operating income in its Health and Civil segments. Net income increased 65 percent to $188 million, $1.25 earnings per share (EPS), from $114 million (74 cents EPS) a year ago. The strong earnings were driven by a huge increase in operating income, in large part due to higher acquisition and restructuring costs a year ago. Lower taxes also provided a…

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

Defense Watch

Defense Watch: F-47 Engine, Army News, Leidos Realigns, New SRM Facility

Business/Financial

Turbojet Engine Manufacturer PBS Aerospace In Subcontract With Zone 5

Business/Financial

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Business/Financial

Pentagon Invests To On-Shore Optical Display Supply Chain

Trending

Rolls-Royce F130 Engine For B-52 Passes Altitude And Operability Testing, Company Says
Kratos, GE Win Air Force Contract For GEK1500 Engine Preliminary Design
Defense Watch: F-47 Engine, Army News, Leidos Realigns, New SRM Facility
Anduril Gets $44 Million In DPA Funding To Expand Rocket Motor Production
Contract Awards

Congress Updates

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]

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