Search Results for: Leidos

Weekly Roundup Jan. 25 – Jan. 29 2016: Leidos The New ‘Big One’ After Lockheed IT Biz Merger & more

Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings reports from …

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Leidos to Merge With Lockheed IT, Gov’t Services Segments in $5B Tax-Free Deal

Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenue, the companies said Tuesday. Both companies — …

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Leidos Sponsors Military Appreciation Night NBA Game; Roger Krone Comments

TYSONS CORNER, VA, January 22, 2016 — Leidos (NYSE: LDOS) was a sponsor of the Washington Wizards’ Military Night game versus the Miami Heat Wednesday as part of the Defending the Rim program, GovCon Executive reported Thursday. The company said Tuesday it donated 300 tickets to the United Service Organizations for the game …

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IBM’s Anne Altman to Retire; Leidos’ Sam Gordy Named as Successor

Anne Altman, general manager of IBM‘s (NYSE: IBM) U.S. federal and government industries, has confirmed her retirement after almost 30 years of work on both private and public sector programs, Federal News Radio reported Wednesday. Meredith Somers writes Sam Gordy, integrated systems group president at Leidos (NYSE: LDOS), will join …

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Leidos Wins Spot on $750M USSOCOM ISR Support Contract; Sam Gordy Comments

Leidos (NYSE: LDOS) has secured a prime position on a potential five-year, $750 million contract to provide intelligence, surveillance and reconnaissance support to the U.S. Special Operations Command. Leidos said Thursday it is one of the four companies that will compete for task orders under the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. Sam …

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Leidos Gets $13M Modification on DARPA Radar Countermeasures Contract

TYSONS CORNER, VA, December 16, 2015 — Leidos (NYSE: LDOS) has received a $12.9 million contract modification from the Defense Advanced Research Projects Agency to continue support for the Adaptive Radar Countermeasures program, ExecutiveBiz reported Tuesday. The Defense Department said Monday the total cumulative face value of the ARC contract including the …

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Leidos, Lockheed, Raytheon Among DARPA-Chosen Companies to Develop Dismounted Squad Situational Awareness Tools

TYSONS CORNER, VA, December 14, 2015 — Leidos (NYSE: LDOS), Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) are among the nine companies the Defense Advanced Research Projects Agency selected to study and develop systems that would protect dismounted troops from threats, ExecutiveBiz reported Friday. DARPA said Thursday the Squad X Core …

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Leidos-Integrated Runway Mgmt System to Detect Hazards at Sea-Tac Airport

TYSONS CORNER, VA, December 7, 2015 — The Seattle-Tacoma International Airport has deployed an automated runway management system developed by Xsight Systems and integrated by Leidos (NYSE: LDOS) subsidiary Varec, ExecutiveBiz reported Friday. Leidos said Thursday the RunWize system includes FODetect and BirdWize to detect foreign objects, debris and bird hazards around the airport’s center runway. …

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James Reagan: Leidos Eyes Potential SOCOM Logistics Contract, Other Biz Opportunities

TYSONS CORNER, VA, December 4, 2015 — Leidos (NYSE: LDOS) CFO James Reagan said the company could add a potential bid on a U.S. Special Operations Command logistics contract to its business portfolio this year, ExecutiveBiz reported Thursday. Reagan noted that the company continues to explore new business opportunities, including possible …

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Leidos, USC to Collaborate on HPC, Network Analysis Research; Gulu Gambhir Comments

TYSONS CORNER, VA, November 24,  2015 — Leidos (NYSE: LDOS) has partnered with the Information Sciences Institute of the University of Southern California Viterbi School of Engineering on high-performance computing and network analysis research projects, ExecutiveBiz reported Monday. The company said Monday the two collaborative projects are funded through a previously awarded …

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