Leidos is a large technology and engineering company that serves defense, intelligence, healthcare, and civil government customers. It provides scientific, engineering, and IT solutions to help ensure safety, health, and efficiency, from upgrading air traffic control to strengthening cybersecurity for critical missions. The company delivers integrated systems and services—software, research, cyber defense, and digital modernization—through programs that span government and commercial clients. Leidos stands out through its long history as SAIC’s split-off and rapid growth via major acquisitions, creating a broad, mission-focused portfolio across defense, space, intelligence, and civilian sectors. Its overarching goal is to help customers solve hard problems with advanced technology, enabling safer operations and better public services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Reston, Virginia
Founded
1969
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Navy selects three firms for 30 vessel MUSV push at $40 million each. The Navy selected three companies to build 30 medium unmanned surface vessels at an average cost of $40 million each, with first deliveries planned before fiscal year 2027 ends and phase two testing already underway. October 2, 2026 * The Navy selected Galliano Marine Services, Huntington Ingalls Industries and Saronic Technologies to provide 10 MUSVs each. * Each agreement carries an average procurement cost of $40 million per vessel, with initial deliveries scheduled before fiscal year 2027 ends. * The Navy plans to expand its unmanned surface vessel fleet from four to 30 vessels by 2030 in the Indo-Pacific. * Phase two removes the high speed requirement and does not require refueling at sea. The U.S. Navy is moving ahead with plans to procure 30 medium unmanned surface vessels after seven companies competed for contracts under its new autonomous maritime robotics initiative. Three firms emerged from the first phase of testing at sea with production agreements. Galliano Marine Services, Huntington Ingalls Industries and Saronic Technologies received the contracts after completing phase one testing for the Medium Unmanned Surface Vessel Family of Systems program. Each company is set to provide 10 vessels. "Each agreement includes the procurement of 10 MUSVs, at an average procurement cost of $40 million per vessel," the Navy said. "The first MUSVs are scheduled to be delivered to the Navy prior to the end of fiscal year 2027." Sea Machines, Leidos, PacMar Technologies and Birdon also completed testing at sea and competed for the Navy work. Those four companies ultimately were not selected to produce vessels under the announced agreements. Sea Machines, Leidos and PacMar Technologies still received $15 million for completing testing at sea. The three companies will now be hosted on the War Department's drone marketplace, where they remain eligible to receive other contracts. Acting Navy Secretary Hung Cao praised the awards as evidence that the Navy was placing a priority on moving quickly to modernize its fleet. The contracts represent another step in the service's effort to expand its use of autonomous maritime systems. During phase one, the Navy evaluated whether the MUSVs could understand a maritime environment, maneuver without assistance from an operator and deploy at sea for extended periods. Those requirements formed the first competitive hurdle for participating companies. Following recent reports that Congress is considering a nationwide voter ID requirement for federal elections, do you support requiring voters to show identification before casting a ballot? By completing the poll, you agree to receive emails from Objectivist.co, occasional offers from its partners and that you've read and agree to its privacy policy and legal statement. Image Credit: Beachside Stock The Navy announced the beginning of phase two testing on Sept. 23 as it continued the procurement process for autonomous systems. Christopher Miller said the next phase will use less demanding requirements than those applied during phase one. "Obviously with phase one, there were some more challenging requirements that they had to meet and so I'm trying to back off of those so that I can have a healthy competitive industrial base," Miller said during a media roundtable on Tuesday. Miller said phase two will not establish a high speed requirement for the MUSVs. The second phase also will not require the vessels to demonstrate refueling at sea. The service is attempting to grow its unmanned surface vessel fleet from four vessels to 30 by 2030 in the Indo-Pacific. That expansion remains a central numerical target as the Navy moves through testing and procurement. The Navy announced its MUSV marketplace in March, replacing the Modular Attack Surface Craft program. Several companies had already been competing for work through that earlier program when it was closed in favor of the marketplace approach. Blue Water Autonomy and Saildrone initially participated in the Modular Attack Surface Craft program. After they were not selected to continue in the MUSV program, the two companies sued the Navy and alleged that they had been unfairly excluded. The marketplace solicitation issued in March called for MUSVs capable of traveling 2,500 nautical miles at 25 knots. It also required the vessels to carry a load of 25 tons on the payload deck while operating in moderate conditions. The push to accelerate autonomous systems research, development and solicitation followed a June report from the U.S. Government Accountability Office. The report said the Navy needed to quickly rethink how it invested in robotic systems to address urgent fleet needs. Image Credit: DoW Leadership of the Navy's robotic and autonomous systems effort also changed during the procurement campaign. Rebecca J. Gassler, who previously spearheaded the program, was fired on Aug. 5 after serving for only 8 months. Christopher Miller replaced Gassler and assumed duties as acting Direct Reporting Portfolio Manager for Robotic and Autonomous Systems. The Navy created that role on the same day Gassler was removed, placing Miller in charge as phase two testing moved forward. The opinions expressed by contributors and/or content partners are their own and do not necessarily reflect the views of Objectivist. Contact Objectivist for guidelines on submitting your own commentary.
Leidos to lay off 84 workers in Ashburn. Cuts related to U.S. Customs and Border Protection contract loss Reston-based federal contractor Leidos expects to lay off 84 employees in Ashburn beginning Nov. 23, the company informed the state this week. The layoffs are related to the end of a federal contract to support the U.S. Customs and Border Protection Cyber Security Operations Center. Accenture Federal Services, the Arlington County-based federal arm of Irish consulting giant Accenture, received a $121.4 million, five-year contract that went into effect Thursday. Leidos previously held the contract awarded by the Department of Homeland Security. Leidos spokesperson Brandon Ver Velde said in a statement that some of the laid-off workers will likely join Accenture Federal Services to continue working on the new contract. "We know this situation is difficult for our affected employees," Ver Velde said. "There are opportunities elsewhere in Leidos for some, while others are expected to join the company taking over the Customs and Border Protection program we lost. Colleagues who are laid off will have access to many resources that can help them through their transitions." The entire facility at 22001 Loudoun County Parkway will not close, according to the Sept. 28 notice to the state, which was sent in compliance with the federal Worker Adjustment and Retraining Notification Act. Bumping rights do not exist, Leidos stated. In 2025, the U.S. Customs and Border Protection Office of Information and Technology announced it was seeking proposals for a recompete of a potential $100 million contract. Leidos was the incumbent contractor, and earlier this year, the U.S. Customs and Border Protection Office awarded the company a six-month bridge contract that ended Sept. 23. Leidos has about 47,000 employees globally and reported about $17.2 billion in revenue for fiscal 2025, a 3% increase from the previous year.
Leidos appoints AT&T COO Jeff McElfresh to board of directors. Oct 01, 2026, 08:00 ET RESTON, Va., Oct. 1, 2026 /PRNewswire/ - Leidos (NYSE: LDOS) is welcoming Jeff McElfresh, AT&T's chief operating officer, to its board of directors effective October 1. His joining the Leidos board represents the addition of another excellent leader with success developing and deploying advanced technologies at scale in commercial and public sector markets. McElfresh's AT&T (NYSE: T) career spans more than 30 years. Currently he oversees AT&T's $250 billion nationwide advanced connectivity infrastructure transformation, an expertise that aligns well with Leidos' core digital work and expanding energy infrastructure business. Also very relevant to Leidos, in prior roles he oversaw AT&T's cybersecurity, data management, and labs. Before joining AT&T, McElfresh began his career as a defense tech engineer on aerospace and maritime projects. "We're excited to bring Jeff's expertise and skills to Leidos," said Board Chair Bob Shapard. "The depth and breadth of his experience and leadership will strengthen the board's independent oversight as Leidos executes on its strategic vision." CEO Tom Bell said, "I'm very much looking forward to working with Jeff on our board of directors as we advance our NorthStar 2030 growth strategy. His insights will be invaluable as we develop the critical technologies underpinning our service to national security and other customers." Leidos' board will increase to 11 members with McElfresh's appointment. He'll serve on the board's Corporate Governance and Ethics and Technology and Information Security committees. About Leidos Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 50,000 global employees, Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026. For more information, visit www.leidos.com. Media Contact SOURCE Leidos Holdings, Inc.
Leidos has appointed Jeff McElfresh, AT&T's chief operating officer, to its board of directors effective 1 October. McElfresh brings over 30 years of experience at AT&T, where he currently oversees a $250 billion nationwide advanced connectivity infrastructure transformation. His expertise in cybersecurity, data management, and infrastructure aligns with Leidos' digital operations and expanding energy infrastructure business. Before AT&T, McElfresh worked as a defence technology engineer on aerospace and maritime projects. With McElfresh's addition, Leidos' board expands to 11 members. He will serve on the Corporate Governance and Ethics and Technology and Information Security committees. Leidos, headquartered in Reston, Virginia, employs 50,000 people globally and reported annual revenues of approximately $17.2 billion for the fiscal year ended 2 January 2026.
Leidos Holdings, Inc. introduces UpHold Effect? Agentic SOC Automation. Published on 09/29/2026 at 03:43 pm EDT S&P Capital IQ Leidos Holdings, Inc. introduced UpHold Effect? Agentic SOC Automation, a capability that uses AI agents around the clock to help security operations center teams identify threats requiring immediate action amid a deluge of cyber alerts. UpHold Effect? Agentic SOC Automation helps federal security teams move from alert overload to clear guidance and automated response while keeping human analysts in control. Around-the-clock investigation: AI agents can triage alerts, gather context and assemble findings for analysts to review. Integration with existing tools: The capability is designed to work with current security technology rather than require agencies to replace their existing systems. Customer-controlled autonomy: Organizations decide what the AI can investigate, recommend or act on. Auditable decisions: Recommendations and actions create records showing what the AI observed, concluded and proposed or did. Federal deployment options: A FedRAMP Class D (High) deployment option is available. The capability can also provide a pathway toward Department of war Impact Level 4 and 5 environments with appropriate government sponsorship. UpHold Effect? Agentic SOC Automation works across an organization's existing security tools to investigate alerts, gather information and recommend next steps. Customers determine how much authority the AI receives based on their mission, risk tolerance and governance requirements. Agentic SOC Automation is a feature within UpHold Effect?, Leidos' offering for agentic cyber response and part of the UpHold? product suite. UpHold Effect? applies automation across areas including adversary detection, cyber deception, cloud security and threat hunting while allowing customers to set governance and operational controls. (C) S&P Capital IQ - 2026