Leidos’s Revenue Rises 9% In Third Quarter

Credit: Leidos
Leidos’s revenue rose 9% year-on-year in the third quarter to $3.9 billion on strong demand for its weapons systems. While the company posted a net loss of $396 million, or earnings per share of $2.91, its earnings before interest, taxes, depreciation and amortization (Ebitda) reached $451 million...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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