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Tag Archives: leidos

Defense Logistics Agency Picks 142 Companies for Potential $6B IT Services IDIQ

The Defense Logistics Agency has awarded 142 companies positions on a potential eight-year, $6 billion contract to compete for a range of information technology task orders in support of DLA and other Defense Department agencies. DLA awarded the indefinite-delivery/indefinite-quantity contract through a competitive procurement process and will obligate defense working capital …

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Roundup of 2016: The Year in Deals, Industry Landscape Changes & more

Our Roundup of 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Calendar year 2016 in the government contracting sector seemed to constantly give us a changing landscape to evaluate and try to forecast the short- and long-term effects of each significant development. …

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Leidos Receives Recognition in Victory Media’s 2017 ‘Military Friendly Employers’ List; Ann Addison Comments

TYSONS CORNER, VA, Dec. 19, 2016 —  Victory Media has awarded Leidos (NYSE: LDOS) a silver-medal designation on its Military Friendly Employers list for 2017 in recognition of the government science and technology services provider’s veteran employment and education initiatives,  GovCon Executive reported Wednesday. Leidos said Tuesday its Operation MVP military …

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Navy Awards 4 Spots on Naval Research Lab Engineering, Technical Services IDIQ

Four companies have won positions on a potential five-year, $48 million contract to provide  engineering and technical support services to the Naval Research Laboratory’s electronic science and technology division. NRL received five offers for the multiple-award, indefinite-delivery/indefinite-quantity contract through a competitive procurement and obligated $2, 500 in fiscal 2017 working capital funds for …

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December 13 Market Close: GovCon Index Lower, S&P 500 Higher as Federal Reserve Meeting Gets Underway

Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration. Tuesday’s flat movement by the GCI follows Monday’s 1-percent decline as …

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Former Leidos CFO Mark Sopp to Join KBR as Finance Chief

Mark Sopp, former executive vice president and chief financial officer at Leidos Holdings (NYSE: LDOS), will join KBR (NYSE: KBR) as CFO in the first quarter of 2017 and succeed Brian Ferraioli who will retire. Houston-based KBR said Tuesday Ferraioli and Sopp will work together to achieve a smooth transition for the company’s financial …

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December 12 Market Close: GovCon Index Closes Down 1% After Trump F-35 Tweet, Lockheed Falls 2%

Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent shortly before 12 p.m. Eastern …

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Air Force Awards Leidos $350M Joint Mission Planning System Integration IDIQ

Leidos (NYSE: LDOS) has been awarded a potential 11-year, $350 million contract by the U.S. Air Force to perform engineering integration work on the Joint Mission Planning System for military aircraft, weapon and sensor missions. The Defense Department said Thursday the company will support the JMPS environment and JMPS integrated build environments under …

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December 8 Market Close: GovCon Index Drops on Steep Prime Declines, SAIC Climbs on Earnings Beat

Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 points after a …

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Booz Allen’s Greg Wenzel Details Engineering, Digital Services Push Through Aquilent Buy

Booz Allen Hamilton‘s (NYSE: BAH) pending $250 million purchase of Laurel, Maryland-based cloud computing and digital services contractor Aquilent represents a selective entry into the GovCon acquisition landscape for a firm as it has made five purchases. McLean, Virginia-based Booz Allen largely sat out of last year’s large deal activity that reshaped the government technology services sector …

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