Leidos

Leidos, Paramount USA and Vertex Aerospace Enter Final Phase of Armed Overwatch Competition

Friday, June 11, 2021 - 1:00pm

Leidos, Paramount USA, and Vertex were among five teams awarded a total of $19.3 million for prototype demonstrations and will advance Bronco II to the Phase III Operational Prototype Demonstration later this month.

Key Points: 
  • Leidos, Paramount USA, and Vertex were among five teams awarded a total of $19.3 million for prototype demonstrations and will advance Bronco II to the Phase III Operational Prototype Demonstration later this month.
  • "Vertex has a 50-year legacy of supporting warfighter missions," said Ed Boyington, President and CEO of Vertex Aerospace.
  • Paramount Group USA is also the parent company of Paramount Aerospace Systems USA, its wholly-owned US subsidiary.
  • Vertex Aerospace offers a globalcapability and completesolution for aftermarket aerospace services for government and commercial customers.

Symetrica Ltd Announces New Chief Executive Officer

Tuesday, June 8, 2021 - 5:54pm

Symetrica Limited today announced a change to its Group Chief Executive Officer.

Key Points: 
  • Symetrica Limited today announced a change to its Group Chief Executive Officer.
  • Mr. Davies is succeeded by Mr Eric Zanin who will become the Group Chief Executive Officer immediately and will principally be located at our US facility in Westford, Massachusetts.
  • Eric has held global executive positions in business development and general management with Analogic Corporation and Leidos Corporations Security Detection and Automation operation.
  • Symetrica is the market leader in the detection and identification of radioactive threats through its patented Discovery Technology portfolio.

U.S. Special Operations Command advances Leidos' Bronco II Aircraft to Demonstration Fly-off

Thursday, June 3, 2021 - 1:05pm

The Leidos team, including Paramount Group USA and Vertex Aerospace, will advance its new aircraft known as Bronco II to the Phase III Operational Prototype Demonstration fly-off.

Key Points: 
  • The Leidos team, including Paramount Group USA and Vertex Aerospace, will advance its new aircraft known as Bronco II to the Phase III Operational Prototype Demonstration fly-off.
  • "Superior technology is critical to USSOCOM's mission and we are proud to support them through Bronco II," said Gerry Fasano, Leidos Defense Group president.
  • "This advanced aircraft is designed to usher SOCOM into the next generation of tactical warfare and deliver mission-critical tools to the warfighter.
  • Bronco II is a rugged, affordable and sustainable multi-mission aircraft built to meet the specific needs of special operations forces.

Leidos to Participate in the Stifel 2021 Virtual Cross Sector Insight Conference

Thursday, June 3, 2021 - 1:00pm

RESTON, Va., June 3, 2021 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500 science and technology company, will participate in the Stifel 2021 Virtual Cross Sector Insight Conference webcast.

Key Points: 
  • RESTON, Va., June 3, 2021 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500 science and technology company, will participate in the Stifel 2021 Virtual Cross Sector Insight Conference webcast.
  • Chris Cage, Corporate Controller and incoming Chief Financial Officer, will participate in a question and answer "fireside chat" on Thursday, June 10, 2021 at 4:40 p.m.
  • A live audio webcast of the event will be available on the Leidos Investor Relations website at http://ir.leidos.com .
  • Headquartered in Reston, Va., Leidos reported annual revenues of approximately $12.30 billion for the fiscal year ended January 1, 2021.

Security Screening Market worth $10.1 billion by 2026 - Exclusive Report by MarketsandMarkets™

Wednesday, June 2, 2021 - 2:30pm

North America is expected to be the leading security screening market due to the presence of various market players, such as OSI Systems (US), Leidos (US), Aware Incorporation (US), and Analogic Corporation (US).

Key Points: 
  • North America is expected to be the leading security screening market due to the presence of various market players, such as OSI Systems (US), Leidos (US), Aware Incorporation (US), and Analogic Corporation (US).
  • These players deal in security screening products such as X-ray scanners, metal detectors, and biometric systems, and are working toward the development of new products and technology enhancements.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".
  • MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

Security Screening Market worth $10.1 billion by 2026 - Exclusive Report by MarketsandMarkets™

Wednesday, June 2, 2021 - 2:30pm

North America is expected to be the leading security screening market due to the presence of various market players, such as OSI Systems (US), Leidos (US), Aware Incorporation (US), and Analogic Corporation (US).

Key Points: 
  • North America is expected to be the leading security screening market due to the presence of various market players, such as OSI Systems (US), Leidos (US), Aware Incorporation (US), and Analogic Corporation (US).
  • These players deal in security screening products such as X-ray scanners, metal detectors, and biometric systems, and are working toward the development of new products and technology enhancements.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".
  • MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

QTC Awarded FBI Medical Exams Contract

Thursday, May 27, 2021 - 1:00pm

RESTON, Va., May 27, 2021 /PRNewswire/ -- QTC Medical Services, Inc. (QTC), a Leidos (NYSE: LDOS) company, was recently awarded a new prime contract to provide fitness for duty medical exam services for Federal Bureau of Investigation (FBI) employees and career applicants.

Key Points: 
  • RESTON, Va., May 27, 2021 /PRNewswire/ -- QTC Medical Services, Inc. (QTC), a Leidos (NYSE: LDOS) company, was recently awarded a new prime contract to provide fitness for duty medical exam services for Federal Bureau of Investigation (FBI) employees and career applicants.
  • The indefinite delivery, indefinite quantity contract was awarded by the FBI's Human Resources Division, Medical Operations and Readiness Unit.
  • "QTC brings decades of direct, hands-on experience in medical exams and occupational health services to this new contract with the FBI," said Larry Schaefer, QTC chief executive officer.
  • In 2012, QTC began providing these services to the FBI under a contract with Federal Occupational Health (FOH), an agency within the Department of Health and Human Services.

SAIC Recognized in Gartner Research as #1 Provider by 2020 Revenue in Government Vertical of Infrastructure Implementation and Managed Services and Application Managed Services in the United States

Tuesday, May 25, 2021 - 1:00pm

Gartners analysis also ranked SAIC as the #3 overall provider in the United States for all segments of IT services in the government vertical.

Key Points: 
  • Gartners analysis also ranked SAIC as the #3 overall provider in the United States for all segments of IT services in the government vertical.
  • For us, our leadership is validated by our top rankings among government IT services providers, and it is gratifying to see.
  • SAIC saw particularly significant growth in the category of infrastructure implementation and managed services.
  • In addition to the two categories in which the Gartner analysis ranked SAIC as the #1 2020 service provider in the United States by revenue in the government vertical , SAIC was ranked:
    The #3 provider of application implementation.

Leidos completes acquisition of Gibbs & Cox

Friday, May 7, 2021 - 5:25pm

b'RESTON, Va., May 7, 2021 /PRNewswire/ --Leidos Holdings, Inc. (NYSE: LDOS) ("Leidos"), a FORTUNE500 science and technology leader, today announced the completed acquisition of Gibbs & Cox, Inc. ("Gibbs & Cox") for approximately $380 million in cash.

Key Points: 
  • b'RESTON, Va., May 7, 2021 /PRNewswire/ --Leidos Holdings, Inc. (NYSE: LDOS) ("Leidos"), a FORTUNE500 science and technology leader, today announced the completed acquisition of Gibbs & Cox, Inc. ("Gibbs & Cox") for approximately $380 million in cash.
  • Gibbs & Cox will operate as a wholly-owned subsidiary and will be combined with Leidos\' maritime systems division.\nHeadquartered in Arlington, Virginia, Gibbs & Cox is the largest independent ship design firm focused on naval architecture and marine engineering.
  • The acquisition positions Leidos to provide a broad set of engineering solutions to the US Navy and to an expanding set of foreign Navies.\n"We are delighted to welcome the Gibbs & Cox team to the Leidos family," said Leidos Chairman and CEO Roger Krone.
  • We look forward to mapping a new Gibbs & Cox with Leidos for the next 90 years.

Leidos Completes Acquisition of Gibbs & Cox

Friday, May 7, 2021 - 2:00pm

7, 2021 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) ("Leidos"), a FORTUNE500 science and technology leader, today announced the completed acquisition of Gibbs & Cox, Inc. ("Gibbs & Cox") for approximately $380 million in cash.

Key Points: 
  • 7, 2021 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) ("Leidos"), a FORTUNE500 science and technology leader, today announced the completed acquisition of Gibbs & Cox, Inc. ("Gibbs & Cox") for approximately $380 million in cash.
  • Gibbs & Cox will operate as a wholly owned subsidiary and will be combined with Leidos\' maritime systems division.\nHeadquartered in Arlington, Virginia, Gibbs & Cox is the largest independent ship design firm focused on naval architecture and marine engineering.
  • The acquisition positions Leidos to provide a broad set of engineering solutions to the US Navy and to an expanding set of foreign Navies.\n"We are delighted to welcome the Gibbs & Cox team to the Leidos family," said Leidos Chairman and CEO Roger Krone.
  • We look forward to mapping a new Gibbs & Cox with Leidos for the next 90 years.