Leidos Gets Navy Contract for Acoustic Submarine Defense Against Torpedoes; Gerry Fasano Quoted

Gerry Fasano

TYSONS CORNER, VA, January 15, 2018 — Leidos (NYSE: LDOS) will work to build a submarine-based acoustic device designed to counter torpedo threats, under a potential $36M contract from the U.S. Navy, ExecutiveBiz reported Friday.

The company said Thursday the Naval Sea Systems Command awarded the contract for the development and testing of the ADC MK5 acoustic device countermeasure as well as associated technical and nonrecurring engineering services as part of the Navy’s Next Generation Countermeasure program.

“This win opens a new market for our organization in underwater sensors,” noted Gerry Fasano, president of Leidos’ defense group.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

Jason Scott
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