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Leidos to Buy Cobham’s Australian Special Mission Business; Roger Krone Quoted

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 airborne ISR capabilities, diversify revenues, and open up new growth avenues,” said Roger Krone, chairman and CEO of Leidos and a 2022 Wash100 Award recipient.

Leidos and Cobham entered into a definitive agreement for the acquisition, which is subject to customary closing conditions.

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Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships.

Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA.

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