Leidos Holdings Inc. (LDOS)

Operator: Greetings. Welcome to Leidos First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Quantum computing has long been framed as a “future technology”—powerful, transformative, but always just out of reach. That narrative is starting to change.

Cybersecurity stocks are holding up much better than expected amid broader software pessimism triggered by concerns about the artificial intelligence revolution.

Discussions on best investment opportunities remain in the spotlight even as the macroeconomic signals point to looming uncertainty and shifts in the capital allocation strategies.

Global defense stocks are on the spot as the dramatic military escalation in the Middle East shows no signs of abating.

This development marks the formal recognition of Leidos’ Small Cruise Missile as an affordable, adaptable stand-off strike solution for the Department of War.

So far, the S&P 500 index has not had much of an impact from the U.S./Israel attack on Iran. Over the past five days, the index has plunged just over 1.40% as of March 3.

With significant analyst and hedge fund sentiment, alongside a low forward price-to-earnings (PE) ratio, Leidos Holdings, Inc.

As of February 25, 2026, U.S. software stocks have declined 20% over the past month, according to Reuters.