Updated:
Leidos Holdings, Inc.
Leidos traces its roots to 1969 as Science Applications International Corporation (SAIC), spun off into a separate entity in 2014.
Leidos Holdings, Inc.
Leidos traces its roots to 1969 as Science Applications International Corporation (SAIC), spun off into a separate entity in 2014. The company operates as a publicly traded (NYSE:LDOS) prime contractor for U.S. government agencies. Bell, a former U.S. Army officer and private equity executive, became CEO in 2023 (per Leidos press release). Strategy focuses on four core segments: Defense Solutions, Civil, Health, and National Security & Intelligence. Leidos develops software and hardware for the Department of Defense, the intelligence community, and the Department of Health and Human Services. Known holdings include the Mastodon AI platform for the U.S. Air Force and the Defense Health Agency's electronic health record modernization. The firm has a global footprint across North America, Europe, and the Middle East (per annual report). Leidos employs about 45,000 professionals as of 2024 (per company filings). The firm maintains a classified operations division for sensitive intelligence contracts. Adjacent vehicles include the Leidos Innovation Center, an internal R&D unit. In February 2024, Leidos won a $2.3B contract with NASA for IT services (per NASA announcement). The firm's structural differentiator is its status as a publicly traded entity with significant insider and institutional ownership — no single family controls it. This separates Leidos from typical family offices. Governance follows SEC transparency rules, with quarterly earnings and audited financials.
General information
Firm type
other
Year founded
1969
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Reston
Corporate office
Reston, VA, United States
Principals
Tom Bell
Chairman & Chief Executive Officer
Chris Cage
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs Leidos?
Tom Bell has served as Chairman and CEO since July 2023, succeeding Roger Krone (per Leidos press release). Bell previously worked at private equity firm AE Industrial Partners and spent 23 years in the U.S. Army.
How is Leidos structured as a company?
Leidos is a publicly traded corporation (NYSE:LDOS) with no single family or controlling shareholder, according to SEC filings. It operates through four business segments: Defense Solutions, Civil, Health, and National Security & Intelligence. The firm is not a family office.
What government contracts does Leidos hold?
Leidos is a top-tier prime contractor for the U.S. Department of Defense, the intelligence community, NASA, and the Department of Health and Human Services. Noteworthy programs include the Defense Health Agency's electronic health record modernization and the Mastodon AI platform for the U.S. Air Force (per public procurement records).
What investment stages or structures does Leidos pursue?
Leidos does not function as an investment firm. It pursues government contract wins through competitive bidding, internal R&D, and acquisitions of small tech firms to enhance its service offerings. It does not manage a fund or make outside equity investments.
Does Leidos have a family office connection?
No family office is involved in Leidos' governance or ownership. The firm is publicly traded with institutional investors holding the largest stakes, per SEC filings. Its founding roots in SAIC are corporate, not familial.
What are Leidos's key sectors?
The firm concentrates on defense IT, health IT, cybersecurity, intelligence analytics, and civil infrastructure. Its Health segment handles electronic health records for the military, and its Civil segment manages air traffic control systems for the FAA — both per company disclosures.
How does Leidos differ from a private defense contractor?
As a publicly traded company, Leidos must disclose financials quarterly, file proxy statements, and hold shareholder votes. This is unlike private equity-owned defense companies. The firm also has a classified business segment that operates under National Security Directorate oversight (per SEC filings).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: