Leidos said today sales during its most recent quarter hit $2.6 billion, up nearly 3 percent from the same three-month period a year earlier. The contractor's quarterly profit reached $147 million, up about 79 percent from the prior year. Leidos said its defense solutions business reported quarterly sales of almost $1.3 billion, up 4 percent from a year earlier. "The revenue increase was primarily attributable to ramp up of volumes from new programs, partially offset by the completion of certain...
