Leidos (NYSE: LDOS) posted $164 million in net income and diluted earnings per share of $1.17 in the third quarter of fiscal year 2022 and saw its revenue rise 4 percent to $3.6 billion for that period. The company attributed the sales growth to increased deployments on the Defense Healthcare Management System Modernization program, ramp-up...
Leidos (NYSE: LDOS) has completed its purchase of the special mission business of Cobham’s aviation services unit and expects the acquisition to expand the portfolio at Leidos’ Australian arm with the addition of search-and-rescue and airborne border surveillance services. The transaction was first announced in August and the acquired busine...
Kirk Riggs, a U.S. Air Force veteran and a former executive at L3Harris Technologies (NYSE: LHX), has been appointed vice president of strategy and business development operations within the intelligence group at Leidos (NYSE: LDOS), according to a LinkedIn post published Monday. While at L3Harris, Riggs oversaw similar functions under the company&#...
Scott Rayder, former chief of staff at the National Oceanic and Atmospheric Administration, was named vice president and division manager at Leidos (NYSE: LDOS), where he will oversee its climate, energy and environment portfolio. The company said Thursday Rayder will also be responsible for customer engagement efforts in climate and environmental m...
David Lewis, a retired U.S. Navy vice admiral and a previous Wash100 awardee, has joined Leidos (NYSE: LDOS) as senior vice president responsible for the company’s maritime portfolio. He will oversee efforts to improve Leidos’ maritime capabilities and pursue strategic programs meant to achieve organic growth across the company’s maritime divi...
Leidos (NYSE: LDOS) will provide technical and program support to the Federal Highway Administration’s policy and governmental affairs office under a potential five-year, $60 million blanket purchase agreement with the Department of Transportation. The company said Tuesday the multiple-award BPA has a base performance period of five years and ...
Leidos (NYSE: LDOS) will continue its engineering and technical support of the U.S. Navy’s Synthetic Signature Generation-based training systems under a six-year, $83.3 million contract. The cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract is aimed at preparing the SSG trainers to meet the branch’s fleet requirements...
Elizabeth Robertson, formerly a program manager of Dynetics, has been elevated to a vice president role at the Leidos (NYSE: LDOS) subsidiary, she announced Sunday in a LinkedIn post. Robertson has managed Dynetics’ Enduring Shield program since December 2021. The Huntsville, Alabama-based business won a $237 million contract last year to buil...
TYSONS CORNER, VA, Aug. 8, 2022 — Leidos (NYSE: LDOS) looks to purchase Cobham‘s Australian special mission business to expand its portfolio with capabilities for airborne surveillance and search and rescue missions, ExecutiveGov reported. “The integration of Special Mission into Leidos Australia will expand the scope of our global air...
Leidos (NYSE: LDOS) recorded fiscal 2022 second quarter revenue of $3.60 billion, up 4 percent from the same period a year ago. The Reston, Virginia-based company said net income for the quarter rose to $172 million or $1.24 per share and total backlog as of June 30 was $34.7 billion with $7.5 billion funded. All...
