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Leidos (NYSE: LDOS) has been awarded a four-year, $49 million contract to develop, integrate and maintain training and analysis systems for U.S. Navy sensor operators. The company said Wednesday that it would perform scientific, engineering and technical support for the training design, fabrication and implementation. Leidos will perform work in Wes...

Leidos Holdings (NYSE: LDOS) has reached an agreement with a financial institution to repurchase $100 million of the company’s outstanding shares of common stock. The company will acquire those shares under an existing repurchase authorization and the financial institution is set to deliver 80 percent of the...

The board of directors at Computer Sciences Corp. (NYSE: CSC) has approved a plan to divide the Falls Church, Va.-based technology and services contractor into two separate publicly-traded companies: one solely focused on the U.S. public sector, with another for commercial enterprises and non-U.S. gove...

Jonathan Scholl, chief strategy officer for a nonprofit healthcare delivery system in Texas and a 15-year Boston Consulting Group veteran, will join Leidos (NYSE: LDOS) as health and engineering sector president on June 22. Leidos said Tuesday Scholl has held the CSO role at Texas Health Resources for the past five years and ...

The GovCon Index traded higher in Wednesday’s session to record a gain of 0.479 points and end the day at 73.965. U.S. stocks showed little movement during a trading session that saw investors react to data that showed the Eurozone’s economy grew at its fastest three-month pace in close to two years, according to the Wall...

The U.S. Army has awarded positions on a three-year, $994, 675, 676 contract to nine companies for technical information engineering services. The Defense Department said Friday awardees will compete for task orders under the multiple award, indefinite-delivery/indefinite-quantity contract for work through May 7, ...

The GovCon Index ended Thursday’s trading session with a nominal gain of 0.015 points to 73.162 as U.S. stocks recorded slight gains ahead of Friday’s payrolls report. Richard Sichel, chief investment officer at Philadelphia Trust Co., told Bloomberg the jobs data from the Labor Department could be ...

Andrew Strampach, a former division vice president at Parsons‘ government services business, has joined Leidos (NYSE: LDOS) as VP of business development for the global services group. Leidos said Thursday Strampach will help oversee the company’s business pursuits in the U.S. defense and intelligence markets and oversee an o...

The U.S. Army has chosen seven companies to support research and development work on intelligence, surveillance and reconnaissance concepts under a five-year, $49.9 million order-dependent contract. The Defense Department said Tuesday the following companies will perform work depending on each task order: Applied Research Ass...