We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
Leidos Holdings, Inc.
Industrials · IT Services
Structural: pure-play federal IT prime; ~80% revenue from US government (DoD + IC + civilian agencies); backlog typically $35-40B (~2x revenue) on multi-year IDIQ vehicles. Health segment (Defense Health Agency + VA disability exams) is the highest-margin leg; Dynetics adds hypersonics / counter-UAS hardware exposure.
defense IT outlay durable across administrations; classified work has limited DOGE-style cut exposure; backlog visibility floors next 12-18mo revenue; air-traffic modernization (FAA NextGen) and VA medical disability examinations are multi-year tailwinds; trades at discount to $BAH and $SAIC on EV/EBITDA; ~$1B+ annual buyback.
~80% gov concentration = continuing-resolution / shutdown risk; protest losses can flip $1B+ recompetes overnight; commercial sustainable-tech segment chronically underperforms; labor inflation on fixed-price contracts compresses margins; perceived DOGE/efficiency headline risk overshoots fundamentals on every news cycle.
No major news in the last 7 days for LDOS - only listicles and opinion pieces, which we filter out by default. See everything anyway.
No key levels recorded for this ticker.