Leidos Holdings
LDOS
Information Technology
2
exclusion reasons
2 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Leidos Holdings provides imaging technologies and biometric systems to U.S. immigration authorities for border monitoring and surveillance. The company (formerly part of SAIC, split in 2013) operates in military, intelligence, homeland security, and aviation industries. AFSC Investigate documents its role in border enforcement infrastructure.
Leidos Holdings is a major defense contractor whose business model is built on serving the U.S. military and national security agencies. According to the SIPRI Top 100 list, it is consistently ranked among the world’s largest arms-producing companies, with defense revenue totaling $3.85 billion in 2022. The company derives a material portion of its revenue from specialized contracts with the Pentagon, Department of Homeland Security, and NASA, providing critical IT services, systems integration, and electronic warfare capabilities. Its products and services are purpose-built for military and intelligence applications, moving beyond dual-use commodities to form a core part of the war-industrial complex.
Research Sources
2 organizations
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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