Search Results for: Leidos

Leidos CEO Roger Krone Sees Momentum in 2020 After Series of Contract Wins, Acquisition Deals

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.

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Leidos to Help Manage Navy, Marine Corps Network Under NGEN Recompete Contract; Gerry Fasano, Daniel Voce Quoted

TYSONS CORNER, VA, February 12, 2020 — The Naval Information Warfare Systems Command awarded Leidos (NYSE: LDOS) a potential eight-year, $7.7B contract to modernize and maintain shore-based networks being used by the U.S. Navy and Marine Corps around the world, ExecutiveBiz reported Friday.

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Wells Fargo Analysts Share Financial Insights on Leidos, SAIC Deals

A new Wells Fargo Securities report offers analysts' views on Leidos' (NYSE: LDOS) move to buy the security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for $1B as well as Science Applications International Corp.'s (NYSE: SAIC) plan to acquire the federal unit of Unisys (NYSE: UIS) for $1.2B.

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EM’s Weekly Roundup: SAIC Acquires Unisys Federal, Leidos Secures $7.7B Navy NGEN Contract; POC to Host 2nd AI Summit on Feb. 13th, Dr. Stacey Dixon Receives Wash100 Award, POC Hosts Defense Research and Development Summit & Weekly Top 10 Stories

SAIC to Buy Unisys Federal Business for $1.2B; Nazzic Keene Quoted Science Applications International Corp. (SAIC) has agreed to buy Unisys’ federal business unit for $1.2 billion in cash, SAIC announced on Thursday.  “This exciting opportunity advances our strategy by building on our modernization capabilities, increasing customer access, accelerating growth …

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Leidos Wins $7.7B Navy NGEN Recompete for Network Services

Leidos (NYSE: LDOS) has won a potential eight-year, $7.7B  indefinite-delivery/indefinite-quantity contract to provide base network services for the Department of the Navy. Naval Information Warfare Systems Command received three offers for the service management, integration and transport portion of the Next Generation Enterprise Network Recompete contract.

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