LEIDOS BIOMEDICAL RESEARCH INC: $338M Department of Health and Human Services Contract
Summary
Leidos Holdings ($LDOS) received a $338M delivery order from the NIH National Cancer Institute for operational support in FY26-FY27. This award represents ~2.2% of Leidos' annual revenue and reinforces its role in federal health research services.
See which stocks are affected
Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.
Already have an account? Log in
Key Takeaways
- 1.Leidos wins $338M NIH contract for NCI operations, adding to backlog.
- 2.Contract is ~2.2% of Leidos' annual revenue, a meaningful but not transformative boost.
- 3.Reinforces Leidos' position in federal health services, a stable growth area.
Market Implications
For $LDOS, this contract adds to a growing backlog in health services, supporting revenue visibility. The stock may see a slight positive drift as the market prices in the award, but given Leidos' size, the impact is modest. No other publicly traded companies are directly affected.
Full Analysis
- Leidos Biomedical Research Inc., a subsidiary of Leidos Holdings ($LDOS), was awarded a $338M delivery order by the National Institutes of Health's National Cancer Institute. The contract covers operational task orders for FY26-FY27, supporting NCI's mission. 2) Leidos Holdings, a $15.3B revenue company, will see this $338M contract contribute to its Health segment, which provides scientific, technical, and operational services to federal health agencies. This is a meaningful but not transformative addition, representing ~2.2% of annual revenue. 3) While no specific bill directly authorizes this contract, the broader NIH budget is supported by annual appropriations bills. Related bills like HR9672 (Vaccine Injury Compensation) and HR9675 (opioid grants) signal continued healthcare spending, but this contract is a routine operational award. 4) Key subcontractors may include small-cap IT and lab services firms, but specific names are not disclosed. Leidos often partners with specialized research organizations. 5) Historically, Leidos has maintained a strong relationship with NIH, and such task orders provide predictable revenue streams. The stock tends to react modestly to contract wins of this size, with sustained performance tied to overall federal health spending.
Intelligence Surface
Cross-referenced against federal contracts, SEC insider filings & congressional trade disclosures
No confirming evidence found yet from contracts, insider trades, or congressional activity
What the bill does
Direct contract award to Leidos Biomedical Research Inc., a subsidiary of Leidos Holdings, for operational support at the National Cancer Institute.
Who must act
Department of Health and Human Services / National Institutes of Health awarding to Leidos Biomedical Research Inc.
What happens
$338M added to Leidos' backlog, representing approximately 2.2% of FY2025 revenue ($15.3B).
Stock impact
Leidos' Health segment, which includes biomedical research services, will see a meaningful boost. This contract reinforces Leidos' position as a key NIH contractor, supporting stable revenue growth in a high-margin services area.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
LEIDOS BIOMEDICAL RESEARCH INC: $485M Department of Health and Human Services Contract
LEIDOS BIOMEDICAL RESEARCH INC: $826M Department of Health and Human Services Contract
LEIDOS BIOMEDICAL RESEARCH INC: $484M Department of Health and Human Services Contract
LEIDOS BIOMEDICAL RESEARCH INC: $484M Department of Health and Human Services Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Streamlining Access to Government Services Through America.gov
The executive order directs the General Services Administration to create America.gov, a unified digital portal for federal services, integrating Login.gov for authentication and requiring agencies to expose their digital services via APIs. It also mandates the use of AI (referred to as 'super intelligence') with transparency safeguards, while preserving existing service channels and excluding tax and defense/intelligence services.
Enhancing Program Integrity and Integrity and Interagency Coordination in the Administration of the H-1B Nonimmigrant Visa Program
This executive order directs the Secretaries of State, Labor, and Homeland Security to coordinate with Commerce, Education, and the SBA when processing H-1B petitions, and requires them to consider whether the employer has engaged in layoffs of similarly situated U.S. workers within the past year. It also orders the Labor Department to review past labor condition applications for potential enforcement actions against sponsoring employers, effectively tightening scrutiny on H-1B usage, especially by outsourcing firms.
Restriction on Entry of Certain Nonimmigrant Workers
This proclamation extends for an additional 12 months the existing restriction on entry of H-1B nonimmigrant workers, which requires a $100,000 payment per petition (with limited exceptions) and is supported by a DHS weighted selection process that prioritizes higher-skilled, higher-paid workers. The action continues to target IT staffing and outsourcing firms that have abused the program, and it maintains the requirement for ongoing rulemakings by DHS and DOL to further reform wage protections and program integrity.
Contract Details
Recipient
LEIDOS BIOMEDICAL RESEARCH INC
Award Amount
$337,911,652
Awarding Agency
Department of Health and Human Services
Sub-Agency
National Institutes of Health
Contract Type
DELIVERY ORDER
Free — no credit card
Get the next market-moving signal before the news does
HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.
Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan · No credit card · Unsubscribe in one click
Want the live terminal too? Create a free account →