Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a 10-time Wash100 Award winner, will retire by May after nine years at the helm. Leidos said Monday that Thomas Bell, CEO of Rolls-Royce’s North American subsidiary and president of its global defense business, will succeed Krone in the chief executive post, effective May 3....
Leidos (NYSE: LDOS) reported fiscal year 2022 fourth-quarter sales of $3.7 billion, up 6 percent from the prior-year period, and saw its full-year revenue climb 5 percent to $14.4 billion. The defense and information technology services contractor said Tuesday non-GAAP diluted earnings per share rose 17 percent for the October-December period to $1....
At the helm of Leidos, one of the major players in the government contracting market, CEO and Chairman Roger Krone is spearheading the company’s growth and guiding the organization through an era marked by heightened competition both within the GovCon ecosystem and on the global stage. Under Krone’s leadership, Leidos has doubled its revenue t...
Executive Mosaic is honored to announce Roger Krone, chairman and CEO of Leidos, as a 2023 Wash100 Award winner in recognition of his leadership strategy that works to sustain the company’s growth through innovation, major program wins and acquisitions. Krone, a 45-year GovCon industry veteran, has made all 10 classes of the Wash100 for his ...
Tom Gentile, president and CEO of Spirit AeroSystems, and Ted Colbert, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, have been elected to serve as chairman and vice chairman, respectively, of the Aerospace Industries Association’s board of governors for 2023. Eric Fanning, a previous Wash100 awardee, will continu...
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...
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...
Roger Krone, chairman and CEO of Leidos, recently received his 2022 Wash100 Award, which makes Krone the only nine-time winner of the highest honor and most prestigious award in all of government contracting (GovCon). Executive Mosaic CEO Jim Garrettson recently presented Krone’s ninth Wash100 Award for his leadership and drive for company grow...
