RESTON, Va., April 18, 2025 /PRNewswire/ -- Leidos (NYSE: LDOS) is committing $10 million to accelerate the use of artificial intelligence for detecting and managing diseases, in collaboration with the University of Pittsburgh's Computational Pathology and AI Center of Excellence (CPACE).
The initial focus of the five-year collaboration will be developing AI-powered tools for quicker detection of diseases, such as heart disease and cancer, reducing diagnostic turnaround times, and enabling earlier, more effective care management.
RESTON, Va., April 9, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS), a leading information technology partner for governments worldwide, and Moveworks, the leading agentic artificial intelligence (AI) assistant for enterprises, are collaborating to increase the efficiency of government workers in the U.S., U.K., and Australia.
Agentic AI helps people do their work better and faster as a digital personal assistant that knows how to make decisions and automate daily work processes. As commercial organizations are embracing it, the Leidos-Moveworks partnership will allow government agencies to adopt the technology with assured security and compliance.
RESTON, Va., April 9, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS), a leading information technology partner for governments worldwide, and Moveworks, the leading agentic artificial intelligence (AI) assistant for enterprises, are collaborating to increase the efficiency of government workers in the U.S., U.K., and Australia.
Agentic AI helps people do their work better and faster as a digital personal assistant that knows how to make decisions and automate daily work processes. As commercial organizations are embracing it, the Leidos-Moveworks partnership will allow government agencies to adopt the technology with assured security and compliance.
RESTON, Va., April 9, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS), a leading information technology partner for governments worldwide, and Moveworks, the leading agentic artificial intelligence (AI) assistant for enterprises, are collaborating to increase the efficiency of government workers in the U.S., U.K., and Australia.
Agentic AI helps people do their work better and faster as a digital personal assistant that knows how to make decisions and automate daily work processes. As commercial organizations are embracing it, the Leidos-Moveworks partnership will allow government agencies to adopt the technology with assured security and compliance.
RESTON, Va., April 9, 2025 /PRNewswire/ -- Leidos (NYSE: LDOS) today announced it has scheduled a conference call for Tuesday, May 6, 2025, at 8 a.m. (ET) to announce its first quarter 2025 financial results for the period ending April 4, 2025. The company plans to issue its quarterly earnings press release before the conference call on May 6, 2025.
The details for the earnings conference call follow:
RESTON, Va., April 7, 2025 /PRNewswire/ -- Leidos announced a new capability from its sea systems team called Sea Dart, a high-performance, low-cost, flexible and adaptable uncrewed undersea vessel (UUV) designed to support the U.S. Navy and commercial customers across a broad range of missions.
"For more than two decades, Leidos has been at the forefront of supporting the U.S. Navy with cutting-edge autonomous subsurface and surface vessels," said Dave Lewis, senior vice president of Sea Systems for the company. "Sea Dart is the next step in the progressive evolution of our UUV product line, introducing a new, low-cost commercial UUV to the market. It offers the flexibility to fully customize customer payloads while staying true to our core commitment to keeping production costs significantly lower than other models."
RESTON, Va., April 3, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) today announced a new contract to provide signals intelligence (SIGINT) capabilities, engineering, analysis and reporting tools to the National Security Agency (NSA). The base year plus four option years single-award contract has a ceiling value of $390 million.
Leidos will perform a wide range of technical, engineering, systems administration and management functions. Tasks include delivery of SIGINT capabilities, analysis and reporting tool modifications, engineering services, lab and testbed management, integration and testing, deployment, training, and sustainment of a subset of NSA systems.
RESTON, Va., March 31, 2025 /PRNewswire/ -- Leidos (NYSE: LDOS) is bringing on Daryle Lademan as its new senior vice president of corporate strategy, a role in which she'll lead company-level growth strategies, strategic partnerships and investments, strategy execution and special projects.
Starting today, Lademan reports to Chief Growth Officer Jason Albanese and will collaborate across the executive leadership team on annual and long-range plans that enable the company's new NorthStar 2030 strategy.
RESTON, Va., March 31, 2025 /PRNewswire/ -- Leidos in November successfully completed a guided flight test of their Small Cruise Missile (SCM), known as Black Arrow, from an AC-130J aircraft. The test demonstrated aircraft compatibility, system performance, waypoint uplinks, guidance accuracy as well as integration with the Naval Surface Warfare Center Battle Management System (BMS).
The Black Arrow is a low cost, 200-lb class mission adaptable delivery platform designed to facilitate spiral upgrades for both kinetic and non-kinetic missions. The test was conducted as part of a Collaborative Research and Development (CRADA) agreement between Leidos, the United States Special Operations Command (USSOCOM) and the Air Force Special Operations Command (AFSOC).
LONDON, March 26, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) has selected Adam Clarke as chief executive of Leidos U.K. & Europe effective from 31 March 2025. Clarke brings more than 20 years of experience across aerospace, defence and security sectors to lead Leidos' European operations. He replaces Eric Freeman who is facilitating the transition before returning to the U.S.
"Adam's focus on programme excellence and strategic growth aligns perfectly with our vision for our U.K. team," said Vicki Schmanske, Leidos Commercial & International Sector president. "I am confident Adam will help foster our culture of innovation and leverage our global talent to deliver defence logistics modernisation and enhanced mission software to accelerate customer success."
LONDON, March 26, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) has selected Adam Clarke as chief executive of Leidos U.K. & Europe effective from 31 March 2025. Clarke brings more than 20 years of experience across aerospace, defence and security sectors to lead Leidos' European operations. He replaces Eric Freeman who is facilitating the transition before returning to the U.S.
"Adam's focus on programme excellence and strategic growth aligns perfectly with our vision for our U.K. team," said Vicki Schmanske, Leidos Commercial & International Sector president. "I am confident Adam will help foster our culture of innovation and leverage our global talent to deliver defence logistics modernisation and enhanced mission software to accelerate customer success."
RESTON, Va., March 11, 2025 /PRNewswire/ -- For the eighth consecutive year, Leidos (NYSE:LDOS) has been named one of the World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Leidos is one of only two honorees in the Information Technology category this year.
"We are gratified that Ethisphere has again recognized Leidos for our commitment to ethics, integrity, and responsible business practices," said Tom Bell, Leidos chief executive officer. "Our employees embody these values every day, ensuring we operate with trust and accountability in everything we do."
RESTON, Va., Feb. 25, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) and SeeTrue, an artificial intelligence (AI) software company, are partnering to improve the efficiency of airport security and customs screenings through AI-enabled algorithms for detecting prohibited items.
"SeeTrue is an industry leader in threat detection algorithms, and we are excited to join forces with them," said Michael Van Gelder, Senior Vice President, Security Enterprise Solutions (SES) at Leidos. "Through this smart collaboration, we are further demonstrating our commitment to delivering innovative solutions that provide advanced levels of threat detection for our customers."
RESTON, Va., Feb. 25, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) and SeeTrue, an artificial intelligence (AI) software company, are partnering to improve the efficiency of airport security and customs screenings through AI-enabled algorithms for detecting prohibited items.
"SeeTrue is an industry leader in threat detection algorithms, and we are excited to join forces with them," said Michael Van Gelder, Senior Vice President, Security Enterprise Solutions (SES) at Leidos. "Through this smart collaboration, we are further demonstrating our commitment to delivering innovative solutions that provide advanced levels of threat detection for our customers."
RESTON, Va., Feb. 21, 2025 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) ("Holdings") today announced that the previously announced offer by its wholly-owned subsidiary, Leidos, Inc. ("Leidos") to purchase for cash (the "Tender Offer") any and all of its outstanding 3.625% Senior Notes due 2025 (the "2025 Notes") expired at 5:00 p.m., New York City time, on February 20, 2025 (the "Expiration Time"). As of the Expiration Time, $267,393,000 or 53.48% of the $500 million aggregate principal amount outstanding of the 2025 Notes had been validly tendered and not validly withdrawn (not including any amount of 2025 Notes submitted pursuant to the guaranteed delivery procedures described in the Offer to Purchase, dated as of February 13, 2025 (the "Offer to Purchase") and the related notice of guaranteed delivery (together with the Offer to Purchase, the "Offer Documents")). Payment for the 2025 Notes validly tendered and accepted for purchase will be made on February 25, 2025 (the "Settlement Date").
RESTON, Va., Feb. 20, 2025 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) ("Holdings"), today announced the pricing terms of the previously announced offer by its wholly-owned subsidiary, Leidos, Inc. ("Leidos") to purchase for cash (the "Tender Offer") any and all of its outstanding 3.625% Senior Notes due 2025 (the "2025 Notes"). The Tender Offer is being made pursuant to the terms and subject to the conditions set forth in the Offer to Purchase, dated as of February 13, 2025 (the "Offer to Purchase") and the related notice of guaranteed delivery (together with the Offer to Purchase, the "Offer Documents"). Holders of the 2025 Notes ("Holders") are urged to read the Offer Documents carefully before making any decision with respect to the Tender Offer.
RESTON, Va., Feb. 13, 2025 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) ("Holdings"), today announced its wholly-owned subsidiary, Leidos, Inc. ("Leidos"), has commenced an offer to purchase for cash (the "Tender Offer") any and all of its outstanding 3.625% Senior Notes due 2025 (the "2025 Notes"). The Tender Offer is being made pursuant to the terms and subject to the conditions set forth in the Offer to Purchase, dated as of February 13, 2025 (the "Offer to Purchase") and the related notice of guaranteed delivery (together with the Offer to Purchase, the "Offer Documents").
RESTON, Va., Feb. 7, 2025 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) announced today that its board of directors has declared a quarterly cash dividend of $0.40 per outstanding share of the company's common stock. The cash dividend is payable on March 28, 2025, to stockholders of record as of the close of business on March 14, 2025.
About LeidosLeidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 48,000 global employees, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.leidos.com.
RESTON, Va., Jan. 23, 2025 /PRNewswire/ -- Leidos (NYSE:LDOS) today announced a follow-on checkpoint sustainment contract to maintain 12,000 units of Transportation Security Equipment (TSE) deployed at more than 430 airport locations in the U.S. and its territories. The contract was awarded for the Transportation Security Administration's (TSA) Deployment and Security Division. The contract has an eight-year period of performance and a maximum value of $2.6 billion.
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