Leidos (NYSE: LDOS) has won a potential $358.5 million contract from the U.S. Navy to build a medium-size unmanned undersea vehicle for surface-launched mine countermeasures and torpedo tube-launched data collection operations. Naval Sea Systems Command received four offers for the MUUV project and obligated an initial $12 million to cover design se...
Thomas Sanglier, former senior director of finance and operations internal audit at Raytheon Technologies (NYSE: RTX), has joined Leidos (NYSE: LDOS) to serve as chief audit executive. He will be responsible for leading Leidos’ internal audit assessment and quality assurance efforts, the company said Tuesday. “Tom will play a key role in lea...
Leidos (NYSE: LDOS) has won a 10-year, $84.9 million indefinite-delivery/indefinite-quantity contract from the Defense Intelligence Agency to provide automation and other services in support of its operations. The contractor will help DIA design and deploy a data centric architecture with cloud computing capability for digital enrichment tool develo...
Gerry Fasano, president of the defense group at Leidos, was presented his 2022 Wash100 Award, the third consecutive year that he’s received the honor, by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office. Executive Mosaic recognizes Gerry Fasano as a three-time winner of the most prestigious and illustrious awa...
Leidos (NYSE: LDOS) will maintain surface ship undersea warfare systems for the U.S. Navy and the governments of Australia and Japan under a contract worth potentially $291.9 million. The company will install AN/SQQ-89 combat system shipset hardware and perform logistics support work under the contract with an initial value of $24 million, the Depar...
Paul Burnette, vice president and director of the Software Accelerator at Leidos (NYSE: LDOS), said the federal government should collaborate with industry to develop and field “hardened, optimal code” and advance the adoption of the SecDevOps approach to protect software from potential cyberattacks. Burnette wrote that SecDevOps provide...
Leidos (NYSE: LDOS) will work with NATO to help modernize the ballistic missile defense capabilities of the organization under two single-award, firm-fixed-price contracts from the organization’s Communications and Information Agency. The company said Friday the internationally competed contracts are worth $90M in total estimated value a...
Leidos (NYSE: LDOS) saw its first-quarter revenue for the fiscal year 2022 climb 5 percent to $3.5 billion and posted $177 million in net income and diluted earnings per share of $1.25 during the quarter. The Reston, Virginia-based technology services contractor said Tuesday the sales growth from the prior-year period across reportable segments was ...
Chad Haferbier, vice president of multidomain operations solutions at Leidos (NYSE: LDOS), said agencies seeking to advance modernization should transition to open-architecture, nonproprietary frameworks that “enable rapid, iterative improvements.” “Open architectures also enable agencies to prioritize interoperability and data sharing between...
The board of directors at Leidos (NYSE: LDOS) has approved a quarterly cash dividend of 36 cents per share on the company’s common stock. Shareholders of record as of the close of business on June 15 will receive the dividend on June 30, Leidos said Friday. The Reston, Virginia-based government services contractor stated $13.74 billion...
