Leidos Holdings raises full-year profit forecast due to high demand for technical services and munitions amidst global tensions. Shares rise 4% in premarket trading. Following Northrop Grumman, Leidos now expects annual adjusted profit between $11.15 and $11.45 per share. Revenue forecast trimmed, now expected at $17 billion to $17.25 billion. Second-quarter adjusted profit at $3.21 per share, beating analyst expectations. Revenue rose 3% to $4.25 billion.
Read more at Yahoo Finance: Leidos raises full-year profit forecast on robust demand for weapons
