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Gerry Fasano: Leidos Seeks to Expand Gov’t IT Work Through Alliant 2 GWAC

Gerry Fasano, an executive vice president and chief of business development and strategy at Leidos (NYSE: LDOS), has said the company will continue to provide information technology expertise to federal clients through its position on the General Services Administration‘s Alliant 2 contract. Leidos said Thursday it will vie for IT task orders …

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DISA Picks 14 Companies for $7.5B Systems Engineering Support IDIQ

The Defense Information Systems Agency has awarded 14 companies spots on the unrestricted track of a potential 10-year, $7.5 billion contract vehicle for systems engineering, innovation and technology services. DISA received 35 proposals for the unrestricted portion of the multiple-award, indefinite-delivery/indefinite-quantity contract that has a base term of five years and one …

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Leidos Board Adds Former EY Partner Robert Kovarik as Member; Roger Krone Comments

TYSONS CORNER, VA, June 14, 2018 — Leidos (NYSE: LDOS) has named Robert Kovarik, a former partner at Ernst & Young and a veteran of accounting firm Arthur Andersen, to its board of directors, ExecutiveBiz reported Friday. Kovarik, who is currently chairman of the investment and finance committee of the CareFirst board …

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Leidos Wins Cogswell Industrial Security Award; Roger Krone Comments

TYSONS CORNER, VA, June 12, 2018 — Leidos’ (NYSE: LDOS) corporate security office in Reston, Va., has won a 2018 James S. Cogswell Outstanding Industrial Security Achievement Award from the Defense Security Service, ExecutiveBiz reported Thursday. The company said Thursday it is one of the 39 recipients of the award, …

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PwC, Leidos Vet Bettina Garcia Welsh Joins LMI as CFO

Bettina Garcia Welsh, formerly senior vice president and chief audit executive of Leidos (NYSE: LDOS), has joined LMI as chief financial officer at the Tysons, Va.-based nonprofit management consulting firm. The three-decade finance veteran will oversee LMI’s financial operations and support its growth strategy, risk management process and mergers and acquisitions activities. the company said Wednesday. …

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Navy Picks 6 Companies for ISR Engineering Support Contracts

Six companies have won separate potential five-year contracts to provide engineering support services for the U.S. Navy’s intelligence, surveillance and reconnaissance platforms. The Space and Naval Warfare Systems Center Pacific in San Diego received eight proposals for the cost-plus-fixed-fee contracts that have a two-year base term and one three-year option, the …

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Leidos Climbs in 2018 Fortune 500 Ranking; Roger Krone Comments

TYSONS CORNER, VA, June 5, 2018 — Reston, Virginia-based Leidos (NYSE: LDOS) has secured a higher spot in Fortune magazine’s annual ranking of the top 500 U.S. companies based on revenue for 2018, ExecutiveBiz reported May 30. “Having the fourth largest jump on the list, up 89 spots this year, …

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Leidos Creates Partner Program to Boost Innovation, Address Client Needs

TYSONS CORNER, VA, June 1, 2018 — Leidos (NYSE: LDOS) has named Amazon Web Services, Cisco (Nasdaq: CSCO), Dell EMC, Hewlett Packard Enterprise (NYSE: HPE), Juniper Networks (NYSE: JNPR), McAfee and NetApp as partners under a new program aimed to boost innovation, program performance and technology delivery in line with clients’ mission needs, ExecutiveBiz …

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PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

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DSA’s Paul Strasser Elected IAC Executive Vice Chair

The American Council for Technology and Industry Advisory Council has announced the election of Paul Strasser, executive vice president of information management solutions group at Data Systems Analysts, as executive vice chair of IAC, effective July 1. Strasser, who currently serves as vice chair for finance at IAC’s executive committee, will …

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