War Bump: The Defense Industry's Unlikely Coffee Shop The recent surge in defense spending, driven by escalating geopolitical tensions and a record military budget proposal from the Trump administration, has sent shockwaves through the industry.
Leidos Holdings, one of the largest defense contractors in the US, is benefiting from this trend with impressive results.
In a move that has investors taking notice, the company has lifted its 2026 profit and revenue forecasts. Leidos reported a 7% increase in second quarter revenue, exceeding Wall Street estimates by $120 million.