Leidos raises 2026 forecast on strong military demand

Leidos raised its 2026 outlook due to high demand for military IT services. The contractor now expects annual revenue to reach up to 18.4 billion dollars.

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Leidos Holdings Inc raised its 2026 revenue forecast to a range of $18 billion to $18.4 billion on Tuesday midday.

The United States is increasing defense spending to replenish stockpiles used in conflicts involving Russia and Ukraine.

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