🟢 Leidos is trading 10.6% up today after beating Q2 results and raising full-year guidance

Leidos is trading 10.6% up at $131.33 after reporting better-than-expected Q2 2026 results and raising its full-year guidance.

• Revenue grew 7% year-over-year to $4.56 billion, while non-GAAP EPS rose to $3.26.
• Management signaled a strong second half of 2026, supported by a $48 billion backlog and an improved margin outlook.
• The upbeat guidance and backlog commentary are driving the rally and lifting peers across the defense sector.