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Tag Archives: hypersonics

Leidos CEO Roger Krone Sees Momentum in 2020 After Series of Contract Wins, Acquisition Deals

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a 2020 Wash100 award winner, said during an interview on CNBC’s "Squawk Alley" program aired Tuesday that significant government contracts and major acquisitions will support momentum for the Reston, Va.-based company this year. Shares in Leidos gained 10 percent in midday trade Tuesday.

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Defense Secretary Mark Esper Selected to 2020 Wash100 for Leading National Defense Strategy, Reform Initiatives

Executive Mosaic is honored to present Mark Esper, secretary of the Department of Defense, as an inductee into the 2020 edition of the Wash100 for his commitment to implementing the National Defense Strategy and advancing cost-saving measures through reform.

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Leidos Strikes $1.65B Cash Deal for Dynetics; Roger Krone Quoted

Leidos (NYSE: LDOS) has agreed to acquire Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash to further build up its position in the intelligence, civil and defense markets. "The addition of Dynetics will significantly increase our capabilities for rapid prototyping and agile system integration and production, enhancing our overall offerings and services to customers," said Roger Krone, chairman and CEO of Leidos and a 2019 Wash100 winner.

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McAleese & Associates: Lockheed’s Q2 2019 Sales Growth Driven by Space, Missiles & Fire Control Segments

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the second quarter of 2019 rise 8 percent to $14.4B primarily driven by sales growth in the company’s missiles and fires control sector and space segment.

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Raytheon, UTC Announce All-Stock Merger; Thomas Kennedy, Greg Hayes Quoted

Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have agreed to merge in an all-stock deal that will establish a platform-agnostic technology provider within aerospace and defense segments. The combined company will operate as Raytheon Technologies and be headquartered in the greater Boston metro area upon the deal’s completion, which is expected in the first half of 2020, the firms said in a joint statement published Sunday.

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