Leidos, a joint spin-off of
Science Applications International Corporation (SAIC), is an American defense company headquartered in
Reston, Virginia, that provides scientific, engineering, systems integration, and technical services. Leidos works extensively with the
United States Department of Defense (4th largest DoD contractor FY2012), the
United States Department of Homeland Security, and the
United States Intelligence Community, including the
National Security Agency, as well as other U.S. government civil agencies and selected commercial markets. On September 27, 2013, SAIC changed its name to
Leidos and
spun off a $4 billion government services and
information technology company, which retains the name
Science Applications International Corporation. Before the split, Leidos employed 39,600 employees and reported $11.17 billion in revenue and $525 million net income for its fiscal year ended January 31, 2013, making it number 240 on the
Fortune 500 list. In 2014, Leidos reported US$5.06 billion in revenue. As of March 2015, the company currently has 19,000 employees.