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Stock impact report

Trump and DOGE Create Anxiety but Opportunity for Federal Contractors [The New York Times]

Leidos Holdings, Inc. (LDOS) 
Last leidos holdings, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.leidos.com
A contracting firm called Leidos took in more than $16 billion in revenue last year, most of it through contracts with federal agencies like the Department of Veterans Affairs.So when the Trump administration’s budget cutters took aim at the V.A. last month, it seemed like bad news not just for the department’s employees but also for Leidos and dozens of other private-sector firms.“No more paying consultants to do things like make Power Point slides and write meeting minutes!” the department’s secretary, Doug Collins,wrote on XBut shortly after Mr. Collins’s announcement, the outlook for some of the V.A.’s contractors seemed to brighten. The departmentput the cancellationsnarrowed the listAnd experts on government contracting said cuts to the agency, whichannounced last weekThese experts noted that cutting employees without reining in a government function — like providing health care and benefits to veterans, work in which Leidos plays a key role — typically means the job will fall m Show less Read more
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