Leidos (NYSE: LDOS) has completed its purchase of the special mission business of Cobham’s aviation services unit and expects the acquisition to expand the portfolio at Leidos’ Australian arm with the addition of search-and-rescue and airborne border surveillance services. The transaction was first announced in August and the acquired busine...
TYSONS CORNER, VA, Aug. 8, 2022 — Leidos (NYSE: LDOS) looks to purchase Cobham‘s Australian special mission business to expand its portfolio with capabilities for airborne surveillance and search and rescue missions, ExecutiveGov reported. “The integration of Special Mission into Leidos Australia will expand the scope of our global air...
Leidos (NYSE: LDOS) recorded fiscal 2022 second quarter revenue of $3.60 billion, up 4 percent from the same period a year ago. The Reston, Virginia-based company said net income for the quarter rose to $172 million or $1.24 per share and total backlog as of June 30 was $34.7 billion with $7.5 billion funded. All...
Roger Krone, chairman and CEO of Leidos, recently received his 2022 Wash100 Award, which makes Krone the only nine-time winner of the highest honor and most prestigious award in all of government contracting (GovCon). Executive Mosaic CEO Jim Garrettson recently presented Krone’s ninth Wash100 Award for his leadership and drive for company grow...
Thomas Sanglier, former senior director of finance and operations internal audit at Raytheon Technologies (NYSE: RTX), has joined Leidos (NYSE: LDOS) to serve as chief audit executive. He will be responsible for leading Leidos’ internal audit assessment and quality assurance efforts, the company said Tuesday. “Tom will play a key role in lea...
Leidos (NYSE: LDOS) saw its first-quarter revenue for the fiscal year 2022 climb 5 percent to $3.5 billion and posted $177 million in net income and diluted earnings per share of $1.25 during the quarter. The Reston, Virginia-based technology services contractor said Tuesday the sales growth from the prior-year period across reportable segments was ...
Maureen Waterston, former chief human resources officer at Pratt & Whitney, has been appointed to the same position at Leidos (NYSE: LDOS). She will manage HR functions, including diversity and inclusion, and implement a human capital strategy for the approximately 43,000 Leidos employees worldwide, the company said Tuesday. At Pratt & Whitn...
Leidos (NYSE: LDOS) has won a potential 10-year, $11.5 billion contract to help the Defense Information Systems Agency consolidate information technology networks of the Department of Defense’s Fourth Estate organizational entities. Under the Defense Enclave Service contract, Leidos will move DOD agencies and field activities to a common netwo...
Executive Mosaic is honored to present Roger Krone, chairman and CEO of Leidos, as a recipient of the 2022 Wash100 Award and the only nine-time winner of the most prestigious award in all of government contracting (GovCon). “Roger Krone is the winningest member of the GovCon community,” said Jim Garrettson, CEO of Executive Mosaic and...
Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII) and a previous Wash100 awardee, has been appointed chairman of the Aerospace Industries Association’s board of governors for 2022. He will also serve on the association’s executive committee along with Spirit AeroSystems President and CEO Tom Gentile, who is set...
