TYSONS CORNER, VA, February 26, 2019 — James Reagan, executive vice president and chief financial officer of Leidos (NYSE: LDOS), has indicated during a recent earnings call that the company is more interested in potential acquisitions of products companies rather than those that offer services only, ExecutiveBiz reported Wednesday.
Reagan, a 2019 Wash100 awardee, told analysts that Leidos looks toward either pure products businesses or companies that provide a combination of products and services, with the goal to complement existing capabilities and drive inorganic growth, Inside Defense reported Feb. 19.
The report said Leidos recorded increases in quarterly sales and profit as well as yearly profit.
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