Leidos (NYSE: LDOS) has finalized its acquisition of security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for approximately $1B in cash. Jim Moos, president of Leidos’ civil group, will oversee the acquired businesses, which operate with over 1,200 employees combined and provide automated tray return systems, airport screening products and other industrial automation platforms to customers in the government, critical infrastructure, transportation and aviation markets, Leidos said Monday.

TYSONS CORNER, VA, April 6, 2020 — Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a recipient of the 2020 Wash100 award, believes that the company will continue to grow regardless of current events, ExecutiveBiz reported March 19.

Executive Mosaic is pleased to present Roger Krone, chairman and CEO of Leidos, as an inductee into the 2020 Wash100 Award for driving company growth through the acquisitions of Dynetics as well as L3Harris security detection and automation businesses. This marks the seventh consecutive-time that Krone has received a Wash100 Award, which means he’s been given this honor every year of the award’s existence.

TYSONS CORNER, VA, March 31, 2020 — Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a recipient of the 2020 Wash100 award, has said the company will pair Dynetics with an innovation center that focuses on exploring emerging technology, ExecutiveBiz reported March 18.

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a 2020 Wash100 award winner, said during an interview on CNBC’s "Squawk Alley" program aired Tuesday that significant government contracts and major acquisitions will support momentum for the Reston, Va.-based company this year. Shares in Leidos gained 10 percent in midday trade Tuesday.

James “Jim” Moos, formerly chief operating officer and deputy president of Leidos’ (NYSE: LDOS) civil group, has been appointed president of the civil group.

Leidos (NYSE: LDOS) has agreed to buy the security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for $1B in cash to broaden its product portfolio in the global security market.

Leidos (NYSE: LDOS) finalized its purchase of Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash a month after the transaction was initially announced.

Leidos (NYSE: LDOS) has agreed to acquire Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash to further build up its position in the intelligence, civil and defense markets. "The addition of Dynetics will significantly increase our capabilities for rapid prototyping and agile system integration and production, enhancing our overall offerings and services to customers," said Roger Krone, chairman and CEO of Leidos and a 2019 Wash100 winner.

Federal contracting industry veterans Roger Krone, Carey Smith and John Heller have been elected to serve in key leadership positions on the Professional Services Council's board of directors next year. "With the experience and knowledge of Roger, Carey and John, we will continue to advance our industry in helping serve our government customers and the American people," said David Berteau, president and CEO of PSC and a two-time Wash100 awardee.