Search Results for: Leidos

Leidos Inks $300M Share Repurchase Deal

Leidos Holdings (NYSE: LDOS) and an unnamed financial institution have reached an agreement for the company to purchase $300 million in outstanding common shares through March 2014. Share price will determine the total number of shares for purchase over the period and the company plans to buy 80 percent of …

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Leidos Awarded 2-Year Army Intell Analysis Services Extension; Larry Hill Comments

Leidos (NYSE: LDOS) has been awarded a potential two-year, $19 million contract to continue intelligence analysis work for the U.S. Army Intelligence and Security Command. The cost-plus, fixed-fee task order covers work for computer network operations, digital network intelligence analysis and counterintelligence, Leidos said Thursday. Analysts will also manage collections, malware, …

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Leidos to Develop Army Emergency Warning System; Samuel Gordy Comments

Leidos (NYSE: LDOS) has received $47 million in task order from the U.S. Army to develop and support an emergency management system for Army installations inside and outside of the country. The contract was awarded under the Emergency Management Modernization Program covering enhanced 911 and mass warning notifications with network …

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Leidos to Assess Cloud Providers Under FedRAMP; Sam Gordy Comments

Leidos (NYSE: LDOS) has been certified by the General Services Administration and National Institute of Standards and Technology to perform third-party assessments of cloud computing services and products made by companies seeking to provide their tools to agencies. The company’s accredited testing and evaluation laboratories will work with cloud providers to test security …

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Leidos to Develop Radiographic Imaging Systems for Armed Forces; John Fratamico Comments

Leidos (NYSE: LDOS) has won a $49 million follow-on contract from a U.S. Naval Surface Warfare Center division to manufacture new radiographic imaging systems that work to identify explosive ordnances. NSWC’s Indian Head Explosive Ordnance Disposal Technology Division is a Naval Sea Systems Command field activity and Defense Department energetics center that works …

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Leidos Wins $442M to Help Maintain TSA Security Equipment; Larry Hill Comments

Leidos (NYSE: LDOS) has won a potential $442 million contract to help the Transportation Security Administration maintain passenger security equipment. The company will manage and sustain more than 11, 250 government transportation security tools under TSA’s Integrated Logistics Support program, Leidos said Tuesday. Larry Hill, Leidos group general manager, said the …

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AppTek Buys Leidos’ Translation, Speech Recognition Software; Mohammad Shihadah Comments

Leidos (NYSE: LDOS) has sold its Omnifluent suite of human language technology products to McLean, Va.-based speech recognition technology company Applications Technology. Omnifluent products work to use speech recognition and translation tools for more than 30 languages and dialects and the sale includes applications in media monitoring, closed captioning, subtitling, mobile and …

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Leidos Wins $178M to Handle Military Health Customer Calls; Steve Comber Comments

Leidos (NYSE: LDOS) has won a potential five-year, $178 million contract to help handle customer calls for the Defense Health Agency in order to help Military Health System beneficiaries gain access to health systems. The company’s team of customer service representatives, telehealth nurses and appointment clerks will work to receive customer …

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Gulu Gambhir Named Leidos Corporate CTO

Dr. S. Gulu Gambhir, formerly acting chief technology officer at Leidos (NYSE: LDOS), has been appointed to the role of corporate CTO. He will lead the company’s technology office and work with science and technology organizations to target investments and to develop and recruit technical talent, Leidos said Monday. Gambhir joined the …

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Leidos to Take Over Connecticut Biomass Project; John Jumper Comments

Leidos Holdings (NYSE: LDOS) has agreed to take full control of a biomass power plant being built in Plainfield, Conn. through a consensual foreclosure process. The 37.5-megawatt facility is expected to generate electricity for 37, 000 households and is scheduled for completion by the end of this year and was …

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