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Lockheed’s Revised 2016 Outlook Post-Leidos Deal Tops Street Consensus

Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index– and S&P 500-listed Lockheed sees earnings of $12.10 per share and $46.5 billion in revenue for …

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Leidos to Maintain CBP Border Inspection Systems Under Potential $155M Contract

Leidos (NYSE: LDOS) has secured a potential five-year, $155 million prime contract from the Customs and Border Protection agency to administer and maintain X-ray and imaging systems for CBP. The award covers maintenance of non-intrusive inspection equipment such as the VACIS inspection platforms, radiation portal monitors and radiation isotope identification devices,  Leidos said …

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Leidos to Install Forecasting, Operations Management Tool at JFK Airport

TYSONS CORNER, VA, Oct. 12, 2016 — Leidos (NYSE: LDOS) will install a forecasting tool that will work to provide operations management support at the John F. Kennedy International Airport in New York City, ExecutiveBiz reported Tuesday. The BEONTRA Operational Terminal Prediction tool is designed to predict passenger flow at the airport’s terminal 4 by utilizing various sources …

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Leidos Picks OGSystems to Support Work With Army Geospatial Center

TYSONS CORNER, VA, Sept. 28, 2016 — Leidos (NYSE: LDOS) has tapped OGSystems to provide data processing services for the U.S. Army‘s High-Resolution 3D Geospatial Information program, ExecutiveBiz reported Tuesday. OGSystems said its work will serve to support Leidos’ efforts to help the Army Geospatial Center manage geospatial data under a $777 million task order. About Executive …

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Australia’s Defense Dept Awards $419M Contract to Leidos Subsidiary for IT Products, Services

Leidos‘ (NYSE: LDOS) Abacus Innovations Australia subsidiary has secured an estimated $418.7 contract from Australia’s defense department to provide computer equipment and accessories as well as centralized processing services to the country’s chief information officer group, ARN reported Friday. Leon Spencer writes the award runs through 2023 and follows an approximately $610 million deal that Lockheed Martin‘s (NYSE: …

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Leidos to Support Army Geospatial Info Program Under Potential $777M Award; Roger Krone Comments

Leidos (NYSE: LDOS) has secured a potential five-year, $777 million task order through the General Services Administration‘s One Acquisition Solution for Integrated Services contract vehicle to provide support for the Army Geospatial Center’s geospatial information program. The company said Monday its team will gather, process, disseminate, store and maintain geospatial data for AGC’s High-Resolution, 3-D …

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Leidos Takes Over NSF Antarctic Program Work From Former Lockheed IS&GS

TYSONS CORNER, VA, Aug. 24, 2016 — Leidos (NYSE: LDOS) will assume responsibility for the work previously held by Lockheed Martin (NYSE: LMT) under the National Science Foundation’s U.S. Antarctic Program, ExecutiveBiz reported Tuesday. NSF said Monday the transfer is part of Leidos’ merger with Lockheed’s information systems and global …

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Weekly Roundup August 15 – August 19 2016: Leidos Doubles, M&A Wheels Keep Turning & more

August 15 – August 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The long-awaited, much-anticipated and well-documented merger of Leidos into the now former Lockheed Martin information technology and technical services business completed on Tuesday. As if GovCon observers needed reminding, Leidos doubles to $10 …

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Leidos Adds 3 New Board Members; Roger Krone Comments

TYSONS CORNER, VA, Aug. 19, 2016 — Leidos (NYSE: LDOS) has added Gregory Dahlberg, Surya Mohapatra and Susan Stalnecker to its board of directors as the company closes its $5 billion merger with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions segment, GovCon Executive reported Wednesday. The appointments bring Leidos’ …

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Leidos’ Roger Krone Discusses Change in US Leadership and its Potential Impact on Defense Spending

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), told CNBC in an interview aired Tuesday that he thinks that all U.S. presidents tend to act the same way when it comes to the country’s defense and security of its citizens. Krone made the comment in response to a question on …

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