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Leidos reported strong second-quarter results, beating analyst estimates across key metrics. Revenue reached $4.56 billion, up 7.2% year-on-year and surpassing expectations by 2.6%. Adjusted earnings per share of $3.26 beat forecasts by 12.1%. CEO Thomas Bell highlighted robust demand in the Defence segment, which posted a 2.2 book-to-bill ratio. The company raised its full-year revenue guidance to $18.3 billion and lifted adjusted EPS guidance to $12.35 at the midpoint. During the earnings call, analysts probed several areas. Questions focused on government in-sourcing impacts on the MHS GENESIS programme, Health segment margin expectations amid suspended incentive payments, and free cash flow growth drivers. CFO Chris Cage emphasised strong cash performance and ongoing efficiency projects. Management pointed to maturing programmes and new fixed-price contracts supporting future margin expansion.

Leidos and Singapore's A*STAR I[2]R partner to accelerate global air traffic management capabilities. August 13, 2026 RESTON, Va. /3BL/ - As global air traffic and complexity increase, Leidos (NYSE: LDOS) and the Agency for Science, Technology and Research's Institute for Infocomm Research (A*STAR I[2]R) will collaborate on new air traffic management (ATM) technologies designed to help the aviation industry accommodate future growth. The partners are establishing a joint laboratory in Singapore, managed by A*STAR I[2]R, that will focus on developing advanced ATM and related aviation solutions with an emphasis on automation, digital operations, as well as integrating newly developed capabilities into existing and emerging aviation systems. "This partnership reflects Leidos' continued commitment to the Indo-Pacific region while accelerating capabilities that can support a more efficient, resilient and sustainable future for air travel," said Jim Preaskorn, Leidos vice president of ATM. "As aviation systems become more connected and complex, the industry needs new tools that help controllers make faster, more informed decisions." The approach combines Leidos' expertise in ATM, artificial intelligence (AI) and cybersecurity with A*STAR I[2]R's capabilities in data analytics, advanced communications and applied research. "At A*STAR I[2]R, we bring deep expertise in developing advanced technologies and translating research into real-world applications, making us a strong partner for innovation," said Dr. Sun Sumei, executive director at A*STAR I[2]R. "Through this collaboration, we look forward to co-innovating on next-generation ATM solutions by leveraging our capabilities in AI, communications and data for the aviation sector in the Indo-Pacific." With global passenger traffic projected to approach 10 billion passengers annually, the partnership supports Leidos' investments in aviation modernization and strengthens the company's continued growth across one of the world's fastest-growing aviation markets. About Leidos Leidos is an innovation company rapidly addressing the world's most vexing challenges in national security, aviation, transportation and critical infrastructure. Headquartered in Reston, Virginia, with approximately 50,000 employees worldwide, Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended Jan. 2, 2026. For more information, visit Leidos.com. Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended January 2, 2026, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. Media Relations Brandon Ver Velde Senior Media Relations Manager (571) 526-6257 | [email protected]

Army-Navy Cup XV to return to Subaru Park on October 9, 2026. Philadelphia Union announced on Aug. 7 that Army-Navy Cup XV, presented by Leidos, will take place at Subaru Park on Friday, October 9, 2026. The event is part of a new multi-year extension with the Army West Point Athletic Association, the Naval Academy Athletic Association, and Leidos that will keep the collegiate soccer event at Subaru Park through at least 2030. Now in its fifteenth year, Army-Navy Cup has become a prominent annual college soccer event and a key non-Union fixture at Subaru Park. The upcoming edition will feature an Army-Navy doubleheader: the women's match begins at 4:00 p.m. Eastern Time followed by the men's match at 7:00 p.m., both as Patriot League contests within the traditional rivalry. Tickets are expected to go on sale in mid-August. "Army-Navy Cup has become one of the most meaningful and prestigious events we host at Subaru Park, and extending this partnership through at least 2030 is a tremendous point of pride for the Philadelphia Union," said Philadelphia Union President Tim McDermott. "We are grateful to Army West Point, the U.S. Naval Academy, Leidos and all of the partners who worked together to create the path forward for this event. Army-Navy Cup represents so much of what makes sports special. It is a privilege for our club to continue providing a world-class stage for this rivalry." The first Army-Navy Cup was held in 2012 after being created by Philadelphia Union, which functions as a professional soccer team in Major League Soccer focused on representing Philadelphia while fostering fan involvement and community ties, according to the official website. Last year's doubleheader drew over 11,000 fans - a record attendance - with Army West Point winning the men's match and both women's teams playing to a draw. Tom Thodorakis, Director of Athletics at Army West Point, said: "The Army-Navy Cup has grown into one of the best events in all of college soccer, and we're excited to continue our partnership with the Philadelphia Union and Subaru Park for the next five years... We're grateful for this partnership and look forward to continuing to showcase one of the greatest rivalries in sports while creating a memorable experience for our cadet-athletes and fans alike." The event coincides with celebrations marking America's 250th anniversary; additional programming related to these commemorations will be announced later. Michael Kelly from Navy Athletics said: "There is no environment in college soccer that matches the energy, intensity, and passion of the Army-Navy Cup... It has truly cemented itself as the premier regular-season fixture on the collegiate calendar." Tom Downey from Leidos added: "Leidos is extending our partnership through 2030... As America marks its 250th anniversary, this year's event offers an especially meaningful opportunity to celebrate their dedication, teamwork and service."