Leidos Global Headquarters in Reston, Va. Photo: Jay Townsend
Leidos climbed to No. 248 in the 2021 Fortune 500 rankings released this week, gaining 41 spots from its previous ranking at No. 289. It's the company's 21st appearance on the list, which is in its 67th running.
Why you should know: The pandemic has had dramatic effects on the world's economy, which is evident in the rankings. Technology was the top rising sector, gaining $19 billion.
From the source: 'The global pandemic and resulting lockdowns around the world threw the economy into chaos,' according to the publishers. 'It also accelerated digital disruption, boosting Big Tech.'
Specifics: The list ranks U.S. corporations by total revenue in 2020:
Leidos reported revenue of almost $12.28 billion, a 10.8% increase from the previous year.
Leidos ranks No. 26 in the technology sector.
Leidos ranks No. 5 in the IT services industry.
Zooming out: It's the latest in a series of major recognitions for Leidos, which also ranks as one of America's most ethical companies, most admired companies, best employers, best employers for diversity and best employers for Veterans.
In case you missed it: Last year's Fortune 500 issue featured Leidos in a cover story called 'A.I., Captain': The Robotic Navy Ship of the Future.
Please contact the Leidos media relations team for more.
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Leidos Holdings Inc. published this content on 04 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 June 2021 14:18:07 UTC.
Leidos Holdings, Inc. specializes in the provision of engineering, technological and scientific services. Net sales by business segment break down as follows:
- defense (56.6%): design, engineering and integration of technological solutions for intelligence, airborne surveillance and reconnaissance, maritime and land-based solutions, electronic warfare systems, and automated sensor, alarm, command and control systems, software development, cyber security solutions and data processing and analysis solutions, IT infrastructure development and integration, etc.;
- civil security (23.7%): development and integration of solutions for the protection of goods, data and digital information, solutions and systems for air traffic flow control and flight data management, vehicle and cargo inspection, explosives and radiation detection, computer security, environmental management, nuclear security, complex logistics management, etc.;
- health (19.7%): integration of complex systems and technological infrastructures for the management of data, medical information and electronic health records, provision of healthcare services, IT systems lifecycle management, research and development of biopharmaceuticals, etc.
Net sales by market are divided between the US Department of Defense and the intelligence community (49.4%), government agencies (37.4%) and commercial customers (13.2%).
The United States accounts for 91,4% of net sales.
LEIDOS HOLDINGS, INC. 
