Leidos Posts Record $4.56B Quarter
20 sources · first reported 2d ago
Leidos reported a 7% increase in Q2 revenue to $4.56 billion, with net bookings of $4.9 billion and a funded backlog up 44% year over year. The company raised its full-year revenue and earnings guidance.
Why it matters
The increase in revenue and backlog indicates a strong demand for Leidos' services, particularly in the defense sector, which could have implications for the company's future growth and the overall defense industry.
Independent Media 20
Single-source: Independent Media
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