ValueQ4, 24TTMSelling/general/admin expenses266 M999 MResearch & development——Operating income473 M2.11 BNon-Operating Income, Total4 M3 MInterest expense, net of interest capitalized——Non-Operating Income, excl. Interest Expenses00Unusual income/expense4 M3 MPretax income429 M1.91 BEquity in earnings9 M32 MTaxes94 M447 MNon-controlling/minority interest8 M14 MAfter tax other income/expense-6 M-9 MNet income before discontinued operations327 M1.45 BDiscontinued operations——Net income327 M1.45 BDilution adjustment——Preferred dividends——Diluted net income available to common stockholders327 M1.45 BBasic earnings per share (Basic EPS)2.6211.31Diluted earnings per share (Diluted EPS)2.5411.14Average basic shares outstanding128 M515 MDiluted shares outstanding130 M521 MEBITDA418 M2.16 BEBIT343 M1.87 BCost of revenue3.47 B14.07 BOther cost of goods sold——Depreciation & amortization (cash flow)75 M290 M
Leidos Holdings Inc
Leidos Holdings, Inc. is an American defense, aviation, information technology, and biomedical research company headquartered in Reston, Virginia, that provides scientific, engineering, systems integration, and technical services. Founded as Science Applications International Corporation, Leidos merged with Lockheed Martin's IT sector, Information Systems & Global Solutions, in August 2016 to create the defense industry’s largest IT services provider. The Leidos-Lockheed Martin merger is one of the biggest transactions thus far in the consolidation of the defense sector. Leidos contracts extensively with the Department of Defense, the Department of Homeland Security, and the Intelligence Community, as well as other U.S. government agencies and select commercial markets.