The Department of Defense has asked Congress nearly $2.9B in fiscal 2021 funds to procure hypersonic weapons systems, a 14 percent increase from the $2.5B DoD requested for the current fiscal year, Breaking Defense reported Tuesday.
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Roger Krone, Chairman and CEO of Leidos, Named to 2020 Wash100 for Driving Acquisition, Company Growth
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.
Read More »Jim Reagan, Leidos EVP & CFO, Named to 2020 Wash100 for Driving Company Growth Through Contract Awards and Acquisitions
Executive Mosaic is happy to present Jim Reagan, executive vice president and chief financial officer of Leidos, as an inductee into the 2020 Wash100 Award for securing major contract awards and acquisitions to drive company growth and expand Leidos’ portfolio in the federal sector.
Read More »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.
Read More »Scott Goldstein Named SAIC VP for Engineering, Integration & Logistics Practice; Josh Jackson Quoted
Scott Goldstein, a U.S. Air Force Reserve major general serving as mobilization assistant to the USAF undersecretary, has returned to Science Applications International Corp. (NYSE: SAIC) as vice president of its engineering, integration and logistics practice.
Read More »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.
Read More »SRC-Led Team to Support Air Force-Run Intell Center Under $376M GSA BPA
The General Services Administration has awarded SRC a spot on a potential 10-year, $376M blanket purchase agreement for mission support services to a U.S. Air Force-managed intelligence data hub.
Read More »General Atomics to Build Subassemblies Under Army Hypersonic Glide Body Prototyping Project; Scott Forney Quoted
A General Atomics business unit will produce mechanical, cabling and electrical systems for the U.S. Army's Common Hypersonic Glide Body program as part of a Dynetics-led industry team that won a $351.6M other transaction agreement in September.
Read More »Lockheed-Led Team Gets $347M Army Contract to Build Long-Range Hypersonic Weapon Prototype
A Lockheed Martin-led (NYSE: LMT) team has received a potential $347M contract from the U.S. Army to build and integrate a ground-based hypersonic strike weapon system prototype designed to provide warfighters a residual combat capability by 2023.
Read More »Lockheed-Led Team Gets $347M Army Contract to Build Long-Range Hypersonic Weapon Prototype
A Lockheed Martin-led (NYSE: LMT) team has received a potential $347M contract from the U.S. Army to build and integrate a ground-based hypersonic strike weapon system prototype designed to provide warfighters a residual combat capability by 2023.
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