Leidos Holdings Enters Material Definitive Agreement

Ticker: LDOS · Form: 8-K · Filed: 2025-02-20T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

TL;DR

Leidos just signed a big deal, expect financial moves.

AI Summary

On February 13, 2025, Leidos Holdings, Inc. entered into a material definitive agreement related to a direct financial obligation. The company, formerly known as SAIC, Inc., is headquartered in Reston, Virginia, and operates in the computer integrated systems design industry.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Leidos Holdings, Inc., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce financial risks and operational changes that warrant close monitoring.

Key Numbers

Key Players & Entities

FAQ

What type of material definitive agreement did Leidos Holdings, Inc. enter into?

The filing indicates the entry into a material definitive agreement that also constitutes the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on February 13, 2025.

What is the principal executive office address for Leidos Holdings, Inc.?

The principal executive office is located at 1750 Presidents Street, Reston, Virginia 20190.

What was Leidos Holdings, Inc. formerly known as?

Leidos Holdings, Inc. was formerly known as SAIC, Inc.

What is the SIC code for Leidos Holdings, Inc.?

The Standard Industrial Classification code for Leidos Holdings, Inc. is 7373, which corresponds to SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN.

From the Filing

0001193125-25-030730.txt : 20250220 0001193125-25-030730.hdr.sgml : 20250220 20250220161532 ACCESSION NUMBER: 0001193125-25-030730 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250213 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250220 DATE AS OF CHANGE: 20250220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Leidos Holdings, Inc. CENTRAL INDEX KEY: 0001336920 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] ORGANIZATION NAME: 06 Technology IRS NUMBER: 203562868 FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33072 FILM NUMBER: 25645587 BUSINESS ADDRESS: STREET 1: 1750 PRESIDENTS STREET CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 571-526-6000 MAIL ADDRESS: STREET 1: 1750 PRESIDENTS STREET CITY: RESTON STATE: VA ZIP: 20190 FORMER COMPANY: FORMER CONFORMED NAME: SAIC, Inc. DATE OF NAME CHANGE: 20050823 8-K 1 d922118d8k.htm 8-K 8-K false 0001336920 0001336920 2025-02-13 2025-02-13     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 20, 2025 ( February 13, 2025 )     LEIDOS HOLDINGS, INC. (Exact name of registrant as specified in its charter)       Delaware   001-33072   20-3562868 (State or other jurisdiction of incorporation or organization)   (Commission File Number)   (I.R.S. Employer Identification No.)   1750 Presidents Street , Reston , Virginia   20190 (Address of principal executive office)   (Zip Code) (571) 526-6000 (Registrants’ telephone number, including area code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading symbol(s)   Name of each exchange on which registered Common stock, par value $.0001 per share   LDOS   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01. Entry into a Material Definitive Agreement. On February 20, 2025, Leidos, Inc. (the “ Issuer ”), a direct wholly-owned subsidiary of Leidos Holdings, Inc. (“ Leidos ”), issued and sold $500 million aggregate principal amount of 5.400% senior notes due 2032 (the “ 2032 Notes ”) and $500 million aggregate principal amount of 5.500% senior notes due 2035 (the “ 2035 Notes” and, collectively with the 2032 Notes, the “ Notes ” and, such offering, the &

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