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Tag Archives: LDOS

Corporate Dev’t Execs Say M&A Opportunities Could Emerge From Business Unit Divestitures

Executives from Leidos (NYSE: LDOS), ManTech International (Nasdaq: MANT), Parsons (NYSE: PSN) and Jacobs Engineering Group (NYSE: JEC) said they believe divestitures of smaller business units resulting from major mergers and acquisitions in the past two years could drive the next wave of M&As in the government contracting market, the Washington Business Journal reported Wednesday.

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Four Firms Awarded Prototype Dev’t Contracts in Support of MDA Space Sensor Program

Four companies have won separate contracts from the Missile Defense Agency to come up with payload design prototypes for the Hypersonic and Ballistic Tracking Space Sensor Program. The Department of Defense said Tuesday Northrop Grumman (NYSE: NOC), Leidos (NYSE: LDOS), L3Harris Technologies (NYSE: LHX) and Raytheon (NYSE: RTN) each received a $20M firm-fixed-price contract, which includes risk-reduction demonstration for signal-chain processing.

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