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Tag Archives: john jumper

Leidos Board Appoints CEO Roger Krone Chairman

Roger Krone

Leidos (NYSE: LDOS) CEO Roger Krone officially became chairman of the board of directors on March 20, less than a year after he joined the company from Boeing (NYSE: BA). The board designated Krone as the successor to former Chairman John Jumper, who served as CEO until he retired from that role last year, Leidos …

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Boeing Vet Roger Krone to Join Leidos as CEO; John Jumper to Remain Chairman

Roger Krone

Roger Krone, president of the network and space systems business unit at Boeing (NYSE: BA) for nearly six years, will join Leidos (NYSE: LDOS) as CEO on July 14 to succeed the retiring John Jumper, Leidos said Tuesday. This announcement comes nearly five months after Jumper announced his plans to …

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Leidos to Take Over Connecticut Biomass Project; John Jumper Comments

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Leidos Holdings (NYSE: LDOS) has agreed to take full control of a biomass power plant being built in Plainfield, Conn. through a consensual foreclosure process. The 37.5-megawatt facility is expected to generate electricity for 37,000 households and is scheduled for completion by the end of this year and was announced …

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GovCon Wire Watches SAIC as Company Prepares for Split

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One of the most significant developments in the GovCon sector of recent memory occurred in August 2012, when Science Applications International Corp. (NYSE: SAI) announced its intention to split into two independent, publicly-traded companies sometime in SAIC’s 2014 fiscal year. The ramifications of the plan are still to be fully …

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Lou Von Thaer Joins SAIC as Natl Security Sector Lead; John Jumper Comments

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Lou Von Thaer, president of General Dynamics‘ (NYSE: GD) advanced information systems business unit since 2005, has joined Science Applications International Corp. (NYSE: SAI) as president of its national security sector. The appointment is effective June 6 and Von Thaer will lead a business that will become part of Leidos, one …

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SAIC FY 2013 Revenue Up 6%, Board Approves Special $1 Dividend; John Jumper Comments

Science Applications International Corp. (NYSE: SAI) has announced financial results for its fourth quarter and full 2013 fiscal year, ended Jan. 31, 2013. Fourth quarter revenue rose 10 percent year-over-year, going from $2.47 billion in the prior year period to $2.71 billion. For fiscal 2013, the company reported a 6 …

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GovCon Wire Tracks The Latest Industry Deals, Remakings

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The mission of Government Contracting Wire, the long-form name of what readers know as GovCon Wire, is to give readers the latest up-to-the-minute information on business activity of the sector’s largest firms. GovCon Wire keeps readers abreast of the latest mergers and acquisitions in the GovCon space and gives readers …

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SAIC Names Brian Keenan, Sarah Allen HR Leads for New Companies; John Jumper Comments

Science Applications International Corp. (NYSE: SAI) announced Thursday another set of executive appointments for the two independent businesses it is forming, nearly a month after announcing the chief executives and other leaders. Brian Keenan, currently SAIC’s executive vice president for human resources, will lead that function at the company focused …

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