Leidos (NYSE: LDOS) has received a potential $727.7 million contract from the U.S. Army to support the helicopter and fixed-wing aircraft fleets of Afghanistan’s air force and special mission wing. The Army obligated $126.7 million in fiscal 2017 operations and maintenance funds at the time of award, the Defense Department said Thursday. Leido...
In reverse of major US markets, The Executive Mosaic GovCon Index (GCI) closed up on the day to 99.847; a gain of 0.060 percent. Advancing and declining shares almost evenly split. The major indices closed down slightly for the second consecutive day. The S&P500 retreated by 0.21 percent to 2,438.97, while DJIA move...
The Executive Mosaic GovCon Index (GCI) followed markets downward to close off 0.639 percent settling at 99.699. Declining shares considerably outpaced gainers by 5 to 1. The major indices all closed down after significant positive movement yesterday. The S&P500 retreated by 0.35 percent to 2,444.04, while DJIA moved down by 0.40 perce...
TYSONS CORNER, VA, Aug. 23, 2017 ” Leidos (NYSE: LDOS) CEO Roger Krone has said the company is working with nonprofit organizations such as the Chris Atwood Foundation and government units such as the Drug Enforcement Agency in efforts to address the issue of opioid drug abuse, GovCon Executive reported Monday. Krone, an ind...
TYSONS CORNER, VA, Aug. 22, 2017 ” Leidos (NYSE: LDOS) CEO Roger Krone has expressed his support for the administration’s move to grant the U.S. trade representative authority to call for a possible investigation into China’s trade practices and alleged theft of U.S. intellectual property, ExecutiveBiz reported Wednesday. ...
TYSONS CORNER, VA, Aug. 17, 2017 ” Roger Krone, CEO of Leidos (NYSE: LDOS) and an inductee into Executive Mosaic’s Wash100 for 2017, has said at an earnings call that he sees potential delays in contract awards and programs due to the Trump administration’s current pace of hiring for top Defense Department positions, ExecutiveBiz re...
The Executive Mosaic GovCon Index (GCI) followed the markets downward closing at 100.168 off 0.706 percent. Declining shares outpaced advancers 3 to 1. The major indices responded to heightened geopolitical tensions between the U.S. and North Korea to close down significantly. The S&P500 was off 1.45 percent while DJIA moved downw...
Editor™s Note 8/9/17: The Defense Department said Booz Allen Hamilton was inadvertently omitted on the shared contract announced Aug. 4. The number of awardees has been updated. The U.S. Army has selected 10 companies to compete for technical development, technical support and operational integration task orders under a potential five-year...
The Executive Mosaic GovCon Index (GCI) topped the 100 mark to close at 100.389 up 1.111 percent. Leidos (NYSE:LDOS) reported “second quarter earnings that exceeded expectations” to lead the GCI closing with a 8.36 percent increase. The major indices closed mixed. The S&P500 down 0.22 percent, while the DJIA...
Andrew Strampach, a 30-year government contracting veteran, has joined PAE as vice president of business development at the Arlington, Virginia-based company’s national security solutions unit. PAE said Tuesday his responsibility includes the recently purchased FCi Federal business. The NSS unit was formed after PAE bought the ...
