Home / M&A Activity / Roger Krone Shares Insights on Leidos-Lockheed IS&GS Merger at NVTC Titans Event

Roger Krone Shares Insights on Leidos-Lockheed IS&GS Merger at NVTC Titans Event

Roger Krone

Roger Krone, chairman and CEO of Leidos, talked about the Reston, Virginia-based government information technology services contractor’s merger with Lockheed Martin’s information systems and global services business at the Titans breakfast event held Friday in Tysons Corner, Virginia.

He discussed at the Northern Virginia Technology Council-hosted event how the transaction has helped Leidos to diversify its portfolio, build up its market presence and expand its capabilities and investments in cloud computing and enterprise IT modernization, NVTC said Friday.

Krone, an inductee into Executive Mosaic’s Wash100 for 2017, also tackled the potential role of unmanned vessels and systems in aviation security as well as sensors in cyber threat detection.

He mentioned Leidos’ plan to add approximately 6,000 new employees to the company’s workforce across IT, data analytics, cybersecurity and engineering areas.

Krone also cited how client focus and executives’ engagement helped Leidos structured the new combined entity during a question-and-answer session with event attendees.

His statement coincided with the National Geospatial-Intelligence Agency’s award of a potential five-year, $988 million contract to Leidos for IT management support services.

 

Check Also

Two Contractors Get USMC Facility Construction IDIQs Totaling $147M

Paradigm Mechanical Corp. and the Sapper West-Spectrum Service Group joint venture have won five-year, indefinite-delivery/indefinite-quantity contracts worth $147M combined to build, alter, repair or renovate facilities for the U.S. Marine Corps.

Raytheon Awarded $88M to Help Engineer Radar at Forces Surveillance Support Center

Raytheon (NYSE: RTN) has secured a 60-month, $87.7M contract to help the U.S. Navy's Forces Surveillance Support Center in Virginia engineer an over-the-horizon radar system. The company will provide engineering and programmatic services under the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Wednesday.