Leidos (NYSE: LDOS) has secured a three-month, $9.3 million contract modification to continue its lifecycle sustainment services for the U.S. Navy™s access control systems as well as command, control, computers, communications and intelligence platforms. The modification brings the total contract value to $107.1 million, the...
Leidos Holdings (NYSE: LDOS) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $2.78 per share for its full 2015 calendar year to exceed the consensus Wall Street forecast by 2 cents. The Reston, Virginia-based government services contractor stated full-year net income as $254 million compar...
Chris Freer, formerly vice president of population health at SPH Analytics, has been appointed as VP of sales at the health business group of Leidos (NYSE: LDOS). Leidos said Monday Freer will manage the company’s health group sales strategies, plans and activities to further develop its sales operations, organizational structure and...
Donald Kosiak, vice president for medical development and eCARE executive medical director for Avera Health, will join Leidos (NYSE: LDOS) as chief medical officer on Feb. 8. Kosiak will oversee the company’s efforts to align its business strategy across the health solution group and the whole company, Leidos said Wednesday. “Don is...
Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings report...
Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenu...
TYSONS CORNER, VA, January 22, 2016 ” Leidos (NYSE: LDOS) was a sponsor of the Washington Wizards’ Military Night game versus the Miami Heat Wednesday as part of the Defending the Rim program, GovCon Executive reported Thursday. The company said Tuesday it donated 300 tickets to the United Service Organizations for the game...
Anne Altman, general manager of IBM‘s (NYSE: IBM) U.S. federal and government industries, has confirmed her retirement after almost 30 years of work on both private and public sector programs, Federal News Radio reported Wednesday. Meredith Somers writes Sam Gordy, integrated systems group president at Leidos (NYSE: LDOS), will join IBM on Jan...
The Department of State has approved a potential foreign military sale to the Taipei Economic and Cultural Representative Office in the United States, also known as TECRO, for non-standard spare and repair parts of F-16 Fighting Falcon fighter jet, C-130 Hercules transport aircraft and Indigenous Defense Fighter aircraft. The FMS is valued at an est...
A report by financial services company Raymond James reveals that 125 mergers and acquisitions took place in the defense and government market during the third quarter of 2025, a 30 percent increase from the same period the previous year. The November report was issued by Raymond James’ defense and government team, where Sam Maness, a...
