Leidos reports 6.7% increase in defence revenues for Q2

New contract awards helped Leidos to post a 6.7% year-on-year (y/y) increase in revenues for its Defense Solutions segment in the second quarter (Q2) of 2019.

Its total revenue of USD1.35 billion marks a USD84 million increase on Q2 2018. New orders Q2 offset the completion of legacy contracts that