TYSONS CORNER, VA, April 6, 2020 — Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a recipient of the 2020 Wash100 award, believes that the company will continue to grow regardless of current events, ExecutiveBiz reported March 19.
He said in an interview that security is not directly correlated to air travel, referring to the company’s recent decision to buy L3Harris Technologies’ (NYSE: LHX) security detection and automation segments, Inside Defense reported March 18.
“We like the business because we thought long-term it was a good growth business,” Krone noted.
Leidos agreed to acquire the business units for $1B and said it expects to finalize the transaction in June.
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