COVID Stimulus Watch Individual Entry
Recipient Company:
LEIDOS INC
Loan or Loan Guarantee Amount:
$2,090,336
Recipient Details
Ownership Structure: publicly traded (ticker symbol LDOS)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Leidos
Headquartered in: Virginia
Parent Sector: information technology
Parent Industry: information technology
Employees (prior to pandemic): 34,000
Accountability Issues Since 2010
Employment-related Penalties: $353,104
Government-contracting-related Penalties: $21,900,000
Environmental / Healthcare / Safety Penalties: $10,543
Consumer Protection / Financial / Competition-related Penalties: $500,403,432
Ratio of CEO Pay to that of Median Worker: 103 to 1
CEO Compensation: $10,671,271
Worker Median Pay: $103,657
Total Federal, State, and Local Subsidies: $36,389,541
Federal Corporate Income Tax Rate: 9.2%
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