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  "documentTitle": "Leidos Holdings, Inc. (LDOS)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2021-02-16 00:00:00",
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  "notes": "Uses a 'before-after' or 'contradiction' framing by juxtaposing a CEO/CFO quote with a legal filing.",
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      "kind": "callout",
      "text": "QTC has a substantial interest in the subject of this litigation, and the resolution of the action may impair or impede QTC's interest",
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      "text": "At worst, protests such as this could lead to a dismissal of QTC's award.",
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      "text": "A recent legal protest was filed Jan 15, 2021 for a $1.0 billion contract regarding the Defense Health Agency's Reserve Health Readiness Program awarded to Leidos subsidiary QTC Medical Services. Leidos recently touted this award as adding to organic growth. At worst, protests such as this could lead to a dismissal of QTC's award.",
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      "text": "So when you add those things up, you're at about 10% (organic growth), and that's before we get into a new $1 billion-plus program win, and that's for the Reserve Health Readiness Program for the DoD, where that's, again, another $1 billion program over 5 years. And that will also be a nice effort added to our organic growth.",
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      "text": "\"So when you add those things up, you're at about 10% (organic growth), and that's before we get into a new $1 billion-plus program win, and that's for the Reserve Health Readiness Program for the DoD, where that's, again, another $1 billion program over 5 years. And that will also be a nice effort added to our organic growth.\" — CFO Reagan, Morgan Stanley Conference, Sept 16, 2020",
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      "text": "Source: Court filing – January 15, 2021",
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      "text": "Growth Angles Likely To Disappoint (Cont'd)",
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