Leidos Holdings (LDOS) Stock News

Blackstone Credit & Insurance is leading a $1 billion financing to support the combination of Analogic Corporation with Leidos' Security Enterprise Solutions, Ports & Borders, and Industrial Automation businesses. The transaction closed earlier this month. BXCI served as lead lender and joint lead arranger alongside HPS, Bank of America, and Wells Fargo. The combined entity aims to be a stronger global security imaging and detection company.

X-Bow Systems will develop and produce booster motors for the U.S. Army's Low-Cost Containerized Munition under a Leidos-led contract. Design, qualification testing, and static fires precede full-rate production in 2027.

JP Morgan lowered its price target for Leidos Holdings from $160.00 to $142.00 per share.

JP Morgan lowered its rating on Leidos (LDOS) from Overweight to Neutral.

Stephen Vather has joined Leidos as SVP of investor relations, succeeding Stuart Davis. Davis will stay through Q3 earnings before retiring in March. Vather previously held senior IR and corporate development roles at Leonardo DRS and ManTech.

Leidos (NYSE: LDOS) and investment firm Altaris have closed their previously announced transaction to form a U.S.-based joint venture focused on security screening for airports, borders, and critical infrastructure. The new company will operate under the Analogic brand. Leidos retains a significant minority ownership stake. Altaris entities will appoint a majority of the JV's board.

Leidos Holdings elected AT&T COO Jeff McElfresh to its board, effective October 1. The board increased to 11 members. McElfresh will serve on the Corporate Governance and Ethics and Technology and Information Security committees.

Leidos ($LDOS) introduced UpHold Effect™ Agentic SOC Automation, an AI agent platform that triages alerts, gathers context, and recommends actions for security operations center teams. The platform works with existing tools, offers customer-controlled autonomy, and includes a FedRAMP High deployment option for federal agencies.