Leidos
Compare Leidos…Largest defense services + IT contractor. Strong DoD IT modernization, intelligence community contracts, FAA/Census/healthcare federal services. Hypersonics test infrastructure provider.
SectorsDefense
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LeidosLargest defense services + IT contractor. Strong DoD IT modernization, intelligence community contracts, FAA/Census/healthcare federal services. Hypersonics test infrastructure provider.
Largest defense services + IT contractor. $16.7B FY2024 revenue. Strong DoD IT modernization, intelligence community contracts, FAA/Census/healthcare federal services. Hypersonics test infrastructure provider; recent wins in airborne ISR sustainment.
Key Milestones
SAIC founded by J. Robert Beyster in La Jolla CA; employee-owned scientific/engineering services firm grows into top-5 federal IT contractor through 1990s-2000s acquisitions.
Spun off from SAIC Sep 27 2013; Leidos retains national security/intelligence/health businesses while SAIC retains technical services.
Acquires Lockheed Martin's IS&GS (Information Systems & Global Solutions) for $5B; doubles Leidos defense IT services scale, brings 16,000 employees.
Acquires IS&GS (Lockheed Martin's IT services arm) for $5B; doubles Leidos defense IT services scale
Acquires Dynetics for $1.65B and Gibbs & Cox for $380M; adds hypersonics + naval architecture capabilities
Wins Air Force DEUCSI ($7.5B) global IT modernization contract; major recurring services backlog
Dynetics Glide-Body production delivers first Common-Hypersonic Glide Body to Army for LRHW (Dark Eagle)
Wins $4.6B DCSA NBIS background investigation contract recompete; largest cleared-services deal of 2024
Dynetics Enduring Shield SHORAD launcher selected for Army IFPC Inc 2; air defense complement to PAC-3
LRHW Dark Eagle Battery 1 declared operational at Joint Base Lewis-McChord; first US Army hypersonic battery in service.
Backlog reaches record $42B; AI/ML and hypersonic glide body production drive double-digit revenue growth.
