Commercial Services & Supplies

Mint Incorporation Limited has changed its name to Axonex AI Group Limited, effective September 28, 2026, as part of an official rebranding tied to its strategic pivot into artificial intelligence and robotics. The company's Class A ordinary shares are expected to begin trading on the Nasdaq Capital Market under the new ticker symbol AXNX at the open of market trading on October 13, 2026, while the CUSIP number remains unchanged and the new corporate website is live at axonexai.com. The rebrand formalizes a transformation the group says has been underway over the past year, underscored by the launch of its wholly-owned subsidiary Axonex AI Limited and its majority owned subsidiary Rice Robotics AGI Holding Limited. Through those operations the company has introduced robot models and robotics solutions including the FLOKI Minibot M1 companion and home assistance robot, the NEX semi-humanoid service robot, and micro-insurance solutions purpose-built for commercial robots, and it says AI and robotics now account for an increasing share of revenue. Chairman and Chief Executive Officer Damian Chan said the new identity is a definitive statement of strategic intent and that the company is allocating resources, talent and investment to make AI and robotics its main growth engine. Axonex AI said it intends to explore new robot models and series, pursue partnerships and joint ventures to acquire technologies and enter new market segments, advance synergies such as embodied intelligence and humanoid robots, and increase investment in research and development, laboratory facilities, manufacturing and talent, while retaining its established interior design and fit-out works business.

Wuhan Tianyuan announced that its wholly-owned grandchild company Wuhan Tianyuan Shuzhi Engineering Co., Ltd., in a consortium with Ningxia Luyu Integrated Energy Services Co., Ltd., recently signed the 'Ningxia Xiangteng Ningdong Town Jianghan Energy Storage Station Phase II Project Equipment Plus Installation Integrated Project Contract' with Ningxia Xiangteng No. 5 Power Technology Co., Ltd. The contract price is a fixed lump sum of 195 million yuan including tax.

J.P. Morgan downgraded Leidos Holdings to Neutral from Overweight and lowered its price target to $142 from $160, citing deteriorating earnings expectations tied to weakness in the company's healthcare business. The new target still implies roughly 25% upside from Leidos' Oct. 7 closing price of $113.55, but analyst Seth M. Seifman said the company's relatively low valuation is not enough to justify an Overweight rating when other aerospace and defense stocks offer substantial potential returns. J.P. Morgan forecasts Leidos' 2027 revenue at approximately $18.1 billion, down from an estimated $18.35 billion in 2026, with adjusted ebitda falling to $2.14 billion from $2.45 billion and adjusted ebitda margin declining to 11.8% from 13.3%, largely on Health segment margins projected to drop to 16% from 22%. Seifman noted that Bloomberg consensus estimates still anticipate approximately $2.45 billion in adjusted ebitda for 2027, suggesting published expectations may be too optimistic. In the same Oct. 8 research report, J.P. Morgan named Howmet Aerospace, Honeywell Aerospace, Huntington Ingalls Industries and Lockheed Martin as potential outperformers this earnings season, while keeping Overweight ratings on Boeing with a $290 price target and StandardAero with a $40 price target.

ABM Industries raised its fiscal 2026 adjusted earnings outlook to $3.95-$4.10 per share from $3.85-$4.15, lifting the midpoint, after reporting better-than-expected third-quarter results. The company posted adjusted earnings of $1.04 per share, up 27% year over year and ahead of the Zacks Consensus Estimate of $1.01, while revenues rose 4.2% to $2.32 billion, beating the consensus mark of $2.30 billion. Growth was led by the M&D segment, where revenues climbed 17.6% to $481 million, and Aviation, where revenues rose 12.5% to $328.1 million on healthy travel demand and the continued ramp of the Heathrow Airport contract. Semiconductor, microgrid and data center-related revenues reached nearly $775 million through nine months, rising 26% organically, and management said the WGNSTAR acquisition is tracking well above its earlier $120-$130 million annualized revenue expectation. ABM also lifted its full-year operating cash flow expectation to about $300 million and free cash flow to about $210 million, up $25 million from the prior free cash flow outlook, with leverage improving to 2.9X from 3.2X in the previous quarter.

Sanfeng Environment announced that the consortium formed by the company and China State Construction Engineering (Hong Kong) Limited has officially signed the contract for the second phase of Hong Kong's Integrated Waste Management Facilities project with the Hong Kong Environmental Protection Department. The project is designed to treat 6,000 tonnes of municipal solid waste per day, with a total awarded contract value of approximately HK$21.95 billion, using the NEC4 plus DBO model. The project is expected to have a construction period of about 54 months and an operation period of 15 years.

Qiaoyin Shares announced that the company has received the Notice of Award for the sanitation operation service project for the northern cluster of the central urban area of Maoming City, Guangdong Province, with a winning bid amount of about 528 million yuan and a service period of three years. The project scope includes road sweeping and cleaning, classified collection and transport of household waste, and operation and maintenance of sanitation facilities, covering a cleaning area of about 16.9715 million square meters and an annual household waste transport volume of about 300,000 tons. The company stated that this project falls within its main business and will have a positive impact on future operating performance.

Guangbo Group announced on October 8 that it recently received a notice of shortlisting from State Grid Materials Co., Ltd., confirming the company as one of the shortlisted suppliers for Office Supplies Packages 1 through 5 and General Industrial Supplies Packages 1 through 2 under the State Grid Corporation of China's 2026 Office Supplies Framework Agreement open competitive negotiation procurement for e-commerce transactions.

Guangbo Group announced that it recently received a Notice of Shortlisting from State Grid Materials Co., Ltd., confirming its selection as a shortlisted supplier for the State Grid 2026 office supplies framework agreement procurement project, covering Office Supplies Packages 1 through 5 and General Industrial Supplies Packages 1 through 2. The company stated that this shortlisting will help enhance its market competitiveness and market share, and if subsequent orders are successfully placed, it is expected to have a positive impact on operating performance. The company has not yet signed a formal contract, and the specific procurement quantities and amounts will be subject to the orders issued by the purchaser.

UniFirst and Cintas disclosed that they certified with the Federal Trade Commission on Friday that each had substantially complied with the regulator's second request. The two uniform retailers entered into a timing agreement with the FTC under which they agreed not to consummate the deal before Dec. 11 unless they receive written notice from the FTC before that date that it has closed its investigation, according to an 8-K filing on Tuesday. The parties also disclosed on July 2 that they received a Supplementary Information Request from the Canadian Competition Bureau in connection with that agency's review of the deal, and on Sept. 29 they certified to the regulator that they had completed their response to the SIR. Cintas continues to expect its $5.5 billion purchase of UniFirst to be completed by the end of the year. Cintas agreed in March to acquire smaller rival UniFirst for $310 per share in cash and stock, representing an enterprise value of about $5.5B.

Healthcare Services Group announced on Wednesday that it has acquired NEXDINE Hospitality, a dining and hospitality service management firm, for an upfront purchase price of $93.5M. HCSG said it funded the transaction with cash on hand, and NEXDINE is expected to generate more than $150M in annual revenue. Additional payments to NEXDINE investors are contingent on the company achieving certain performance metrics. After the deal, the Mansfield, MA-based NEXDINE will operate as a wholly-owned subsidiary of HCSG, which manages environmental and dietary services for the healthcare industry, expanding its presence in the senior living market. NEXDINE will retain its existing headquarters and its current leadership team, including founder and CEO David Lanci.

The GEO Group has delivered a notice of redemption for all $650,000,000 in outstanding aggregate principal amount of its 8.625% Senior Secured Notes due 2029, with the redemption set for October 15, 2026. The redemption price will be $1,043.13 per $1,000.00 original principal amount, or approximately $678 million, plus accrued and unpaid interest, funded by net proceeds from recently announced asset sales and deposited with the trustee by October 14, 2026. Separately, GEO closed an amendment to its Amended Credit Agreement that extends the maturity of its $550 million Revolving Credit Facility to July 14, 2031 and increases its restricted payments capacity. Following the amendment and the discharge of the 2029 notes indenture, GEO may make unlimited restricted payments, including share repurchases, if its pro forma total leverage ratio is at or below 2.25 to 1.00 with no default, while its $625 million 10.25% Senior Unsecured Notes due 2031 allow the same if the consolidated total leverage ratio is at or below 2.00 to 1.00. GEO also recently announced that its Board of Directors approved a $750 million increase to its share repurchase authorization, raising the program from $500 million to $1.25 billion through December 31, 2029.

Loomis has completed its acquisition of 99.80 percent of the shares in Hermes Transportes Blindados S.A. following the completion of the public tender offer and the fulfilment of the conditions set out in the Tender Offer Agreement. The total purchase price for the tendered shares amounted to approximately USD 297 million, or approximately SEK 3 billion. Loomis announced on May 5, 2026, that it had entered into a Tender Offer Agreement with shareholders representing 99.49 percent of the outstanding shares in the listed Peruvian valuables management company, and launched the public tender offer on August 31, 2026. By the end of the offer period on September 30, 2026, 87,072,827 shares, representing 99.80 percent of the outstanding shares, had been tendered, and the transaction closed on October 5, 2026. Hermes, a leading provider of security logistics services in Peru with approximately 3,400 employees and 19 branches serving around 1,000 customers, will be reported within Loomis' segment Europe and Latin America from October 2026, and its management team and employees will remain with the company. Nordea Bank and Société Générale structured and coordinated the acquisition financing, including a committed bridge facility and guarantee facility, which were refinanced ahead of closing through the proceeds of Loomis' previously announced EUR 300 million bond issuance.

SPIE announced it has acquired 94% of CLAUSER, a family-owned French company specializing in industrial maintenance and high-power electrical installations. Founded in 1963 and based in Saint-Jean-de-Maurienne and Dunkirk, CLAUSER employs around 100 people and generated revenue of approximately €22 million in 2025. The company is recognized for its longstanding expertise in aluminium production and processing as well as electrochemical processes. SPIE said the deal strengthens its position in industrial maintenance and high-power electrical installations, a sector where the electrification of industrial processes is playing an increasingly important role. Frédéric Toussaint, Managing Director of SPIE Industrie (France), said CLAUSER's expertise in aluminium-related processes is a major asset for supporting the electrification and decarbonisation of French industrial sites.

Leidos and investment firm Altaris have completed their previously announced transaction to form a scaled U.S.-based joint venture for advancing security screening at airports, borders and critical infrastructure worldwide. Operating under the Analogic brand, the new company combines complementary security screening technologies, engineering expertise and advanced manufacturing capabilities, and Leidos will retain a significant minority ownership stake in it, maintaining its interests in a critical national security market. Leidos Chief Executive Officer Tom Bell said the joint venture creates an American innovator with the technology, talent and scale to address rapidly evolving global security screening needs, and that its launch sharpens the company's focus on the growth engines driving its NorthStar 2030 strategy. In parallel with the mission of the Analogic joint venture, Leidos will continue its work across the broader aviation ecosystem, including modernizing airports and air traffic systems. Leidos, headquartered in Reston, Virginia, reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026, while Analogic is headquartered in Salem, New Hampshire, and Altaris manages $9+ billion of equity capital.

GEO Group said it completed the sale of three immigration detention facilities in Adelanto, California, to the U.S. government for an aggregate gross price of $950M. The facilities comprise the 1,280-bed Adelanto West ICE Processing Center, the 660-bed Adelanto East ICE Processing Center, and the 704-bed Desert View Annex. After taxes, transaction fees, and expenses, GEO expects to receive approximately $705M in net proceeds. GEO will continue providing support services at all three facilities under its existing contract with U.S. Immigration and Customs Enforcement, which runs through Dec. 19, 2034, including a five-year option period. The company plans to use the proceeds, along with operating cash flow, to reduce debt, repurchase shares, and for other general corporate purposes, and its board increased its share repurchase authorization by $750M to $1.25B, effective through Dec. 31, 2029. GEO shares rose 4.7% premarket.

New York's Department of Environmental Conservation approved a permit allowing Casella Waste Systems to expand the Hakes Construction and Demolition landfill in Campbell by about 43.3 acres, adding an estimated 5.8 million cubic yards of disposal capacity. The approval also covers 21.7 acres of soil borrow area and upgraded leachate and gas systems, materially increasing Casella's permitted footprint for construction and demolition waste. The expansion sits alongside Casella's 6 August 2026 guidance update, in which management raised 2026 revenue expectations to US$2.090 billion to US$2.110 billion while cutting net income guidance to US$0 to US$6 million on higher acquisition activity and fuel cost recovery dynamics. Casella's narrative projects $2.5 billion revenue and $92.3 million earnings by 2029, requiring 9.2% yearly revenue growth and about a $86.6 million earnings increase from $5.7 million today, with forecasts yielding a $111.00 fair value, a 34% upside to its current price.

Better World Green Public Company Limited, or BWG, has confirmed that its waste landfill in Saraburi province carries no risk of flooding, as it sits on ground well above road level and sea level. Ms. Nattaphan Luengwiriya, a director and deputy managing director for business development and corporate communications, told Than Hoon that the company expects fourth-quarter 2026 operating results to be close to the same period a year earlier, and that full-year 2026 performance should be roughly flat versus the prior year, with EBITDA this year likely holding steady amid persistent pressure from oil costs. BWG reported total revenue of 2.76 billion baht for 2025 and EBITDA of 1.495 billion baht. Meanwhile, the new Power Development Plan, whose public consultation concluded on September 15, 2026, opens the door for the company to expand further into the power plant business. Most recently, on September 29, 2026, TRIS Rating affirmed BWG's corporate credit rating at BBB with a stable outlook, and expects waste management volumes to grow about 2% per year during 2026-2028, SRF sales to rise about 5% per year over the same period, and EBITDA from the waste management business to recover from 360-380 million baht in 2026 to 640-670 million baht by 2028.

GFL Environmental rose 4% on a report that two private equity groups have made offers for the company. GFL's special committee is evaluating the takeover offers with its adviser, according to traders who cited a CTFN report circulating on Friday that cited a source familiar with the matter. One group consists of private equity firms KKR, Blackstone, and Energy Capital Partners, while the other group includes Brookfield Asset Management and IFM Investors. The bids likely need to be at the top end of the $50 to $55 a share range that CTFN previously reported to get across the finish line, and GFL has also received interest from strategic buyers for certain markets or regions. GFL CEO Patrick Dovigi told Bloomberg TV last month that he is open to taking the company private at a higher valuation than it currently trades at, saying no decision has been made, and GFL is set to report Q3 results on Oct. 28.

Veralto Corporation's Water Quality segment lifted its adjusted operating margin to 26.5% from 25.9%, with adjusted operating profit up 12.6% year over year to $241 million. Water Quality sales rose 10.1% year over year to $908 million, including core growth of 5.7%, a 2.9% pricing contribution, 3.2% from acquisitions and a 1.2% currency benefit. Operating profit grew faster than sales, a relationship the company says could lift the segment's contribution to its overall financial profile if sustained. Veralto faces water technology peers Xylem and Watts Water Technologies as infrastructure spending and tighter water-efficiency requirements expand the market. The key factor to watch is whether Water Quality can hold its margin trajectory while preserving healthy organic demand.

BGE has released a share buyback progress announcement. As of September 30, 2026, the company had cumulatively repurchased 6,045,916 shares through centralized bidding, accounting for approximately 0.40% of total share capital, with a total payment of 79.4483 million yuan. The buyback plan proposes to use total funds of 100 million to 200 million yuan, and the amount paid so far has not yet reached the 100 million yuan lower limit. The buyback period runs from July 21 to October 20, 2026, and is approaching its expiration. The company disclosed the buyback plan on July 21, 2026, with a buyback price not exceeding 24 yuan per share, and implemented its first buyback of 955,489 shares on July 24, paying approximately 11.82 million yuan. In terms of performance, in the first half of 2026 the company achieved total operating revenue of 10.319 billion yuan, up 54.02% year on year; net profit attributable to the parent was 1.022 billion yuan, up 103.37% year on year; non-GAAP net profit was 971 million yuan, up 113.74% year on year; net cash flow from operating activities was negative 607 million yuan, compared with 347 million yuan in the same period last year; basic earnings per share were 0.679 yuan, and the weighted average return on equity was 10.14%. The semi-annual distribution plan is a cash dividend of 1.4 yuan per 10 shares, including tax.

Wolters Kluwer has integrated Libra's AI workflow tools into its LEX legal research platform through a new add-in, giving LEX users direct access to AI-assisted workflows inside their existing research environment. The move follows the earlier rollout of the Libra workspace and extends Wolters Kluwer's connected working environment approach for legal clients. Wolters Kluwer is a €15.3b professional services group that builds information and software tools for lawyers and other specialists across Europe, North America, and the Asia Pacific. The company says ongoing investment and rapid integration of advanced AI and GenAI features into core product suites are enhancing customer value, enabling premium pricing, and differentiating its offerings. The integration is intended to tie generative tools to proprietary content and research journeys, making switching harder for legal clients as competitors like Thomson Reuters and LexisNexis race to deliver similar workflow integration.

Leidos has appointed Jeff McElfresh, AT&T's chief operating officer, to its board of directors effective October 1. McElfresh's career at AT&T spans more than 30 years, and he currently oversees the company's $250 billion nationwide advanced connectivity infrastructure transformation, an expertise Leidos said aligns with its core digital work and expanding energy infrastructure business. In prior roles at AT&T he oversaw cybersecurity, data management, and labs, and before joining AT&T he began his career as a defense tech engineer on aerospace and maritime projects. His appointment increases the Leidos board to 11 members, and he will serve on the board's Corporate Governance and Ethics and Technology and Information Security committees. Board Chair Bob Shapard said McElfresh's experience and leadership will strengthen the board's independent oversight, while CEO Tom Bell said he looks forward to working with him as Leidos advances its NorthStar 2030 growth strategy.

Bank of America reshuffled its European defense coverage, upgrading Saab AB Class B to buy from neutral and Dassault Aviation to buy from neutral while downgrading Babcock International Group and RENK Group AG to neutral from buy. BofA raised its Saab price objective to SEK720 from SEK655, citing stronger-than-consensus growth expectations, particularly in its Surveillance business, and forecasts earnings per share 9%-16% above consensus in 2027-30, with its 2030 revenue estimate for Surveillance about 27% above consensus. For Dassault, the bank lifted its price objective to €360 from €345, highlighting a Rafale backlog that provides about 7.5 years of production visibility at current delivery rates, and said a proposed Indian order for 114 Rafales and Ukraine's ambition for up to 100 aircraft could, if secured, lift the backlog above 400 aircraft and roughly double production visibility. Babcock was cut to neutral with its price objective reduced to 1,060 pence from 1,608 pence, and RENK was cut to neutral with its target lowered to €42.50 from €62.50. BofA also initiated Fincantieri SpA at buy with a €17 price objective, expecting 34% EPS CAGR from 2026-30, and started CSG Nv Class A at underperform with a €13 target.

Wolters Kluwer Legal & Regulatory has expanded its integration between LEX, Poland's leading legal information system, and Libra by Wolters Kluwer, its legal AI workspace, by making selected Libra AI capabilities directly available inside LEX through the Libra LEX Add-in. The move follows the earlier integration of LEX trusted legal content into Libra, and now allows Polish legal professionals to move between research, analysis, drafting and case-related work across both platforms without leaving their workflow. Marcin Kleina, Managing Director of Wolters Kluwer Legal & Regulatory Poland & Romania, said legal professionals do not need another standalone AI tool but a connected working environment that moves them seamlessly from research to action. Viktor von Essen, CEO of Libra by Wolters Kluwer, said bringing Libra's AI capabilities directly into LEX creates a two-way experience that lets users move naturally between research, analysis and action. The company described the add-in as the next milestone in its strategy to deliver connected working environments, moving beyond standalone AI tools toward workflow-driven technology. Wolters Kluwer reported 2025 annual revenues of €6.1 billion and employs approximately 21,100 people worldwide.

The Brink's Company said it has agreed to propose the divestiture of its NoteMachine/TestLink UK business in connection with the United Kingdom's Competition and Markets Authority review of its planned acquisition of NCR Atleos Corporation. The company said the CMA's Phase 1 decision reflects the local overlap between Brink's NoteMachine/TestLink UK business and NCR Atleos' Cardtronics business in the UK, and that the decision came under the CMA's fast-track Phase 1 procedure following constructive engagement. Brink's said the potential sale of NoteMachine/TestLink UK was a remedy contemplated in the financial metrics it has previously disclosed and does not impact the $200 million in annual run-rate cost synergies it still expects to achieve within three years of closing the transaction. The proposed sale process is progressing, with a number of prospective buyers having expressed strong preliminary interest, the company said. Brink's said the NCR Atleos acquisition remains on track to close early in the first quarter of 2027.

Forval's consolidated results for the first quarter of the fiscal year ending March 2027 showed revenue of 16,865 million yen, up 5.4% year on year, operating profit of 344 million yen, up 67.4%, ordinary profit of 444 million yen, up 80.3%, and quarterly net profit attributable to owners of the parent of 115 million yen, up 79.3%, marking higher revenue and a sharp increase in profit. The company's visualization-based hands-on management support business led by its corporate doctors performed solidly, while electricity services and other operations also contributed to the revenue increase. On the other hand, environmental businesses such as solar power systems were sluggish due to the timing of the launch of subsidy programs. While gross profit rose steadily, selling, general and administrative expenses were kept in check even as the company made investments necessary for its growth strategy, including personnel reinforcement and information processing costs, which led to the sharp rise in operating profit. For the full fiscal year ending March 2027, the company's consolidated forecast is revenue of 77,000 million yen, up 7.7% from the previous fiscal year, operating profit of 4,100 million yen, up 10.1%, ordinary profit of 4,300 million yen, up 6.3%, and net profit attributable to owners of the parent of 2,200 million yen, up 48.9%, leaving its initial forecast unchanged and expecting record highs for revenue, operating profit, and ordinary profit. In June 2026, the company also entered into a business alliance with Chowa Giken, a Hokkaido University-certified AI venture, to provide AI products and services for small and medium-sized enterprises, collaborate on local government digital transformation, develop human resources, and enhance its consulting services.

Gig Works announced it will expand its shareholder benefit program. For shareholders holding 1,000 shares or more as of October 31, 2026, in addition to the existing 3,000 yen digital gift, the company will add a 1,000 yen children's gift certificate with a sweets set, and a vegetable set from its next-generation smart farm MUGEN FARM worth 3,000 yen. After the change, shareholders can choose one of three options: the 3,000 yen digital gift, the 1,000 yen children's gift certificate with sweets set, or the vegetable set. In addition, the 20 percent discount coupon usable on the Nihon Chokuhan website, available to shareholders holding 100 shares or more, will continue as before. The expanded shareholder benefits will apply to shareholders as of October 31, 2026.

Feinan Resources announced that the company has won the destruction-type scrapped item disposal project of a well-known domestic communications equipment enterprise, and recently signed a scrapped item disposal agreement with the tendering party. The estimated quantity of scrapped items to be disposed of under the agreement is about 21,000 tonnes. The agreement takes effect on October 1, 2026, and is valid until September 30, 2028. The company said that the performance of the agreement is expected to have a positive impact on overall operations, but will not have a significant impact on operating results in the short term.

SU Group Holdings Limited reported a narrowed operating loss for the six months ended March 31, 2026, with revenue falling 20.0% to HK$86.3 million from HK$107.9 million a year earlier on fewer large engineering projects. Gross margin improved to 20.7% from 20.3%, selling, general and administrative expenses fell 15.9% to HK$21.0 million, and the operating loss narrowed to HK$3.9 million from HK$4.7 million, while net loss attributable to ordinary shareholders narrowed to HK$4.2 million, or HK$14.47 per share, from HK$4.5 million, or HK$15.45 per share. Cash and cash equivalents rose to HK$28.7 million at March 31, 2026 from HK$25.4 million at fiscal year-end. Since the period end, a HK$18.8 million follow-on hospital award brought the disclosed value of that project to HK$107.3 million, and in September a subsidiary agreed to acquire KM Safety Solution Company Limited for HK$5.6 million in cash, subject to due diligence and approvals. The company also secured exclusive Hong Kong and Macau distribution rights for HDX's TRACELINE PX3 Portable X-Ray System and, in Macao, exclusive rights to GLM's Inspec Spider robotic inspection system.

JMT Network Services Public Company Limited, or JMT, has confirmed its cash collection target for this year at 9 billion baht, even though flooding in Bangkok and surrounding provinces has affected some of its cash collection. Chief Executive Officer Suthirak Traichira-arporn said the impact is only short-term and is expected to take about one month to recover, similar to past flooding in Hat Yai and Chiang Rai. The company has prepared measures to assist affected customers, allowing them to request deferred installments or reduced installment amounts on outstanding balances at their convenience. As for overall operating results in the third quarter of 2026, they are expected to be better than the second quarter of 2026, as there are no seasonal pressures, and the company confirmed that performance has already passed its lowest point in the previous quarter. Meanwhile, bidding to purchase non-performing loans from financial institutions is continuing as normal, currently in the bid submission stage, and has not been affected by the flooding in any way.

Leidos has introduced UpHold Effect Agentic SOC Automation, an agentic AI capability that uses AI agents around the clock to help security operations center teams identify threats requiring immediate action amid a deluge of cyber alerts. The capability is a feature within UpHold Effect, Leidos' offering for agentic cyber response and part of the UpHold product suite, and it works across an organization's existing security tools to investigate alerts, gather information and recommend next steps rather than requiring agencies to replace their existing systems. Customers determine how much authority the AI receives based on mission, risk tolerance and governance requirements, and recommendations and actions create auditable records showing what the AI observed, concluded and proposed or did. A FedRAMP Class D High deployment option is available, and the capability can also provide a pathway toward Department of war Impact Level 4 and 5 environments with appropriate government sponsorship. Steve Hull, president of Leidos Digital, said cyber teams need to keep pace with threats without giving up control, and that the capability can take on more of the investigative workload while giving agencies the flexibility to decide when AI recommends an action and when it is allowed to act. Leidos, headquartered in Reston, Virginia, with 50,000 global employees, reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026.