10 Best Prison and Law Enforcement Stocks To Invest In

5. Leidos Holdings Inc. (NYSE:LDOS)

Number of Hedge Fund Holders: 34

Leidos Holdings Inc. (NYSE:LDOS) is a leading company that specializes in innovation and technology solutions for customers in highly regulated sectors, including national security, law enforcement, health, weapons systems research and development, and airborne operations.

In the third quarter of 2024, Leidos Holdings Inc. (NYSE:LDOS) reported revenues of $4.2 billion, a 7% increase from the same quarter in the previous year. The company achieved an impressive adjusted EBITDA of $596 million, reflecting a 32% rise year-over-year, and a record adjusted EBITDA margin of 14.2%. During Q3 2024, net bookings totaled $8.1 billion, resulting in a substantial backlog of $40.6 billion by the end of the quarter. Noteworthy contracts that Leidos Holdings Inc. (NYSE:LDOS) was awarded during the quarter include a $331 million agreement to modernize the US Army’s network and a $249 million contract to enhance security at 92 additional Army and select joint-service installation access control points worldwide. These projects demonstrate the company’s commitment to advancing national security through innovative technology.

Over the past year, Leidos Holdings Inc. (NYSE:LDOS) has seen significant growth in its Health & Civil segment. Leveraging a team of scientific experts, this segment has become a leader in both growth and profit margins. Leidos Holdings Inc. (NYSE:LDOS) provides essential services, including disability and occupational health evaluations for clients like the Department of Labor, the FBI, and the US Secret Service. This includes conducting medical disability examinations for veterans and active duty members preparing to discharge, particularly in light of increased demand due to the PACT Act, which enhances support for veterans’ healthcare needs.

With consistent revenue growth, a solid backlog, and strategic contracts in national security, Leidos Holdings Inc. (NYSE:LDOS) stands out as a promising stock for investors interested in the law enforcement sector.