Leidos lifts annual forecasts on strong defense demand
Yahoo Finance·2026-08-04 23:33

Aug 4 (Reuters) - Defense supplier Leidos Holdings lifted the lower end of its ‌2026 profit and revenue forecasts, banking ‌on strong demand for military technology amid heightened geopolitical ​tensions. Shares of the company rose nearly 10% in morning trading. Here are some details: • Defense contractors have been benefiting as the U.S. government prioritizes ‌military spending, ⁠with Trump proposing a record a record military budget of $1.5 trillion for ⁠fiscal 2027. • Leidos reported increase ...

Leidos lifts annual forecasts on strong defense demand - Reportify