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Leidos (LDOS) Raises $1.39 Billion in Notes

Leidos Holdings, Inc. (NYSE:LDOS) is one of the 11 Best Stocks You’ll Wish You Bought Sooner.

On March 2, 2026, Leidos Holdings, Inc. (NYSE:LDOS) raised approximately $1.387 billion through an unsecured offering of senior notes maturing in 2029 and 2036. The company aims to use the proceeds to fund the acquisition of KENE Parent, Inc., the parent company of Entrust. The notes were managed under a 2020 indenture with Citibank. To safeguard the interests of bondholders and highlight its acquisition-based growth strategy, the notes include a special mandatory redemption clause at 101% of principal if the transaction is not finalized by mid-August 2026. While the debt issuance is not strictly contingent on the deal’s closure, Leidos maintains strategic flexibility to utilize the proceeds for general corporate purposes, potentially impacting its long-term leverage profile and acquisition-driven growth strategy.

In another development, on March 11, 2026, Leidos Holdings, Inc. (NYSE:LDOS) announced that it had secured a $454.9 million contract to modernize the U.S. Air Force’s Cloud One platform. The company partners with major cloud providers such as Amazon (AMZN) and Google to improve security and automation. This initiative supports the NorthStar 2030 strategy and assists in speeding up the mission-critical cloud adoption across the military.

Founded in 1969, Leidos Holdings, Inc. (NYSE:LDOS) is a Fortune 500 science and technology company with a focus on serving defense, intelligence, civil, and health markets. Based in Virginia, the company offers mission-critical solutions in cybersecurity, data analytics, and systems engineering.

While we acknowledge the risk and potential of LDOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LDOS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Diagnostics and Research Stocks to Buy According to Analysts and 15 Set-It-and-Forget-It Stocks to Buy in 2026

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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