Company Overview

Leidos Holdings, Inc. is a U.S.-based technology, engineering, and science solutions company operating primarily in the defense, intelligence, civil, and health markets. The company provides a broad portfolio of services including systems integration, information technology modernization, cybersecurity, data analytics, software development, engineering, and mission operations. Leidos’ primary revenue drivers are long-term government contracts, particularly with U.S. federal agencies, supplemented by select commercial and international customers.

The company serves key customer segments such as the U.S. Department of Defense, intelligence agencies, civilian federal agencies, state and local governments, and allied international governments. Leidos is positioned as a large-scale integrator with deep domain expertise in mission-critical environments, benefiting from long-standing customer relationships, contract backlog visibility, and a focus on high-assurance and regulated markets. The company traces its roots to Science Applications International Corporation (SAIC), with Leidos emerging as a standalone public company in 2013 following a corporate separation and subsequently expanding through acquisitions.

Business Operations

Leidos operates through three primary reportable segments: Defense Solutions, National Security & Digital, and Health & Civil. These segments collectively deliver end-to-end solutions spanning advanced technology development, managed services, and operational support. Revenue is predominantly generated from cost-plus, fixed-price, and time-and-materials contracts, with a significant portion derived from multi-year awards.

Operations are heavily concentrated in the United States, supported by secure facilities, laboratories, and cleared personnel, while international activities support defense, intelligence, and civil customers abroad. Leidos controls proprietary platforms, mission software, and systems integration capabilities, and maintains a portfolio of subsidiaries and contract-specific entities. The company also participates in select joint ventures and teaming arrangements to pursue large-scale government programs.

Strategic Position & Investments

Leidos’ strategy emphasizes disciplined growth in high-priority government missions, investment in digital modernization, and expansion in cyber, cloud, artificial intelligence, and data-driven capabilities. The company focuses on increasing its share of large, complex programs while improving margins through operational efficiency and technology reuse. Organic growth is complemented by targeted acquisitions that enhance technical depth or customer access.

Notable acquisitions have included Dynetics, strengthening advanced engineering and defense capabilities, and L3Harris Technologies’ Security Detection and Automation businesses, expanding Leidos’ presence in aviation security and global infrastructure markets. The company continues to invest in emerging technologies such as autonomous systems, AI-enabled analytics, zero-trust cybersecurity, and space-related mission support, aligning with evolving government priorities.

Geographic Footprint

Leidos is headquartered in Reston, Virginia, and maintains a substantial operational footprint across the United States, including major hubs near Washington, D.C., and other government and defense centers. The company supports customers through offices, laboratories, and project sites in numerous states, often co-located with client facilities.

Internationally, Leidos operates across Europe, the Middle East, Asia-Pacific, and parts of Latin America, primarily in support of allied defense, intelligence, aviation security, and civil infrastructure programs. While the majority of revenue is U.S.-based, international operations represent a strategic extension of the company’s government-focused model and long-term contract approach.

Leadership & Governance

Leidos is led by an executive team with extensive experience in government services, defense contracting, and technology integration. Leadership emphasizes operational excellence, ethical governance, and alignment with national security and public-sector missions, with a stated focus on innovation, workforce development, and shareholder value.

Key executives include:

• Thomas A. Bell – Chief Executive Officer
• Chris Cage – Chief Financial Officer
• J. D. McKinnon – President, Defense Solutions
• Roy Stevens – President, National Security & Digital
• Dawn Meyerriecks – Chief Technology Officer
• Randy George – Chief Operating Officer