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RESTON, Va., May 4, 2021 /PRNewswire/ Leidos Holdings, Inc. (NYSE: LDOS), a FORTUNE 500
® science and technology leader, today reported financial results for the first quarter of fiscal year 2021.
Roger Krone, Leidos Chairman and Chief Executive Officer, commented: First quarter results reflect the perseverance, focus and tremendous execution of our employees and business partners. New quarterly record levels of revenue, non-GAAP EPS and backlog were achieved, and significant organic growth was delivered across all business segments. This early momentum favorably positions Leidos to deliver on our full year financial commitments.
Summary Results
Revenues for the quarter were $3.32 billion, compared to $2.89 billion in the prior year quarter, reflecting a 14.7% increase. Excluding our revenue growth from our acquisitions of $168 million for Dynetics, Inc. ( Dynetics ), L3Harris Technologies security detection and automation businesses (the SD&A Bus
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Leidos wins contract to support US Navy’s NATSC facility 1 April 2021 (Last Updated April 1st, 2021 12:08)
Leidos has secured an indefinite-delivery, indefinite-quantity (IDIQ) contract to support the US Naval Array Technical Support Center (NATSC).
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Leidos has secured an indefinite-delivery, indefinite-quantity (IDIQ) contract to support the US Naval Array Technical Support Center (NATSC).
Awarded by the Naval Undersea Warfare Center (NUWC) – Newport Division, the prime single-award is a cost-plus-fixed-fee / firm-fixed-price contract estimated to be $149.2m.
Leidos will be responsible for delivering engineering, technical and management services for NATSC, as well as perform tasks for the US Navy’s Sensors and SONAR Systems Department.