TYSONS CORNER, VA, Nov. 22, 2016 ” Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectiv...
Executive Mosaic’s GovCon Index advanced for a third consecutive session Monday on a mix of contributions from large primes and services stocks but a sharp fall by Cubic Corp. (NYSE: CUB) pared the GCI’s gain after the contractor’s guidance missed analysts’ expectations. GovCon Index gainers outnumbered decliners by...
Leidos (NYSE: LDOS) has received a $71.1 million contract modification to help the U.S. Army integrate,  sustain and operate the military branch’s Saturn Arch neutralizer platform for improvised explosive devices. The Army obligated $45.6 million in fiscal 2016 “other” procurement and operations and maintenance funds at...
TYSONS CORNER, VA, Nov. 7, 2016 ” Leidos‘ (NYSE: LDOS) Australian subsidiary has received a potential 10-year, $42 million contract to continue its sustainment services for Australia’s Joint Project 2030-Joint Command Support Environment system, ExecutiveBiz reported Friday. The JCSE is a system that is use...
Leidos (NYSE: LDOS) and the Riverside Research Institute have won a pair of indefinite-delivery/indefinite-quantity contracts worth a combined $48 million to support the U.S. Air Force‘s mission systems open architecture science and technology program. The Defense Department said Thursday task orders under the program encompass ...
Executive Mosaic’s GovCon Index tumbled Thursday after Huntington Ingalls Industries (NYSE: HII) reported a year-over-year decline in third quarter earnings with GCI-S&P 500 companies also notable laggers as U.S. stocks also fell on investor worries over election uncertainty. GovCon Index advancers edged decliners 16-14 and three...
GovCon Index-listed companies Leidos Holdings (NYSE: LDOS) and Huntington Ingalls Industries (NYSE: HII) released third quarter financial results before markets opened Thursday with both contractors at different stages in major merger-and-acquisition activity. Leidos, the U.S.’ largest government services provider, raised f...
Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index̵...
Leidos (NYSE: LDOS) has secured a potential five-year, $155 million prime contract from the Customs and Border Protection agency to administer and maintain X-ray and imaging systems for CBP. The award covers maintenance of non-intrusive inspection equipment such as the VACIS inspection platforms, radiation portal monitors and radiatio...
TYSONS CORNER, VA, Oct. 12, 2016 ” Leidos (NYSE: LDOS) will install a forecasting tool that will work to provide operations management support at the John F. Kennedy International Airport in New York City, ExecutiveBiz reported Tuesday. The BEONTRA Operational Terminal Prediction tool is designed to predict pa...
