Leidos

Stratolaunch Awarded Flight Test Contract for the Navy's MACH-TB Hypersonic Program

Retrieved on: 
Tuesday, November 28, 2023

MOJAVE, Calif., Nov. 28, 2023 /PRNewswire/ -- Stratolaunch, LLC announces the receipt of a flight test contract award from Leidos, the prime contractor for the Navy's Multiservice Advanced Capability Test Bed (MACH-TB).

Key Points: 
  • MOJAVE, Calif., Nov. 28, 2023 /PRNewswire/ -- Stratolaunch, LLC announces the receipt of a flight test contract award from Leidos, the prime contractor for the Navy's Multiservice Advanced Capability Test Bed (MACH-TB).
  • NSWC Crane's MACH-TB program focuses on hypersonic flight testing using robust, agile, and modular approaches.
  • The Leidos-led team intends to deliver an affordable solution, leveraging commercial launch vehicles, including Stratolaunch's Talon-A hypersonic vehicle, for flight testing hypersonic payloads.
  • Andy Crocker, Leidos Program Manager for MACH-TB, said, "Leidos is delighted to have Stratolaunch join the team that's working to provide fast and affordable hypersonic flight test capabilities to the nation.

Leidos awarded $32M defense radar contract

Retrieved on: 
Monday, November 27, 2023

HUNTSVILLE, Ala., Nov. 27, 2023 /PRNewswire/ -- Leidos , a Fortune 500® science and technology company, announced it was recently awarded a new $32 million contract by the Marine Corps System Command (MARCORSYSCOM) through the Consortium Management Group (CMG).

Key Points: 
  • HUNTSVILLE, Ala., Nov. 27, 2023 /PRNewswire/ -- Leidos , a Fortune 500® science and technology company, announced it was recently awarded a new $32 million contract by the Marine Corps System Command (MARCORSYSCOM) through the Consortium Management Group (CMG).
  • The defense radar systems development contract calls for four Medium Range Air Defense Radar (MRADR) prototype systems within a two-year span.
  • "This win represents a significant transition for the Leidos team," said Larry Barisciano, the weapons technology operations manager for Leidos' Dynetics Group.
  • Leidos' Dynetics Group previously developed the Marine Expeditionary Long Range Persistent Sensor (MELPS) assets through the Office of Naval Research Multi-domain Radar in Contested Environments (MuDRaCE) program, which was managed by Leidos' Innovation Center (LInC).

Anchore Reports Strong Success in Federal and Enterprise Markets, Team Growth

Retrieved on: 
Tuesday, November 14, 2023

SANTA BARBARA, Calif., Nov. 14, 2023 /PRNewswire/ -- Anchore, Inc., the leading experts in software supply chain security and federal compliance, today announced strong growth and continued business momentum heading into 2024.

Key Points: 
  • "Despite the broader economic hurdles, we're ecstatic to see continued growth in demand for Anchore's security solutions," remarked Saïd Ziouani, Anchore CEO.
  • In preparation for continued growth and advancement in 2024, Anchore added two new industry leaders to its advisory team.
  • As the company continues to advance and expand, Anchore has added two enterprise software industry veterans to its management team.
  • Anchore Enterprise 5.0 now includes integrations with ServiceNow and Harness which complement its support for existing platforms such as GitLab, GitHub, and Jenkins.

Scott D'Amour Named as Chief Financial Officer of Biocoat, Replaces the Retiring Steve Bell

Retrieved on: 
Tuesday, November 14, 2023

Mr. D'Amour is replacing Steve Bell who has held this position since 2019.

Key Points: 
  • Mr. D'Amour is replacing Steve Bell who has held this position since 2019.
  • Scott D'Amour, who joins Biocoat with over 25 years of experience, will play a key role as the company further expands its reach into the biomaterials market.
  • Steve Bell has served as the Chief Financial Officer of Biocoat since January 2019 and will be retiring in November 2023.
  • I look forward to joining an amazing team that is dedicated to the continued growth of the organization," said Scott D'Amour.

Rocket Lab Adds New HASTE Launch from Virginia for the Department of Defense’s Defense Innovation Unit

Retrieved on: 
Wednesday, November 8, 2023

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a launch services agreement with the US Department of Defense’s Defense Innovation Unit (DIU) for a HASTE (Hypersonic Accelerator Suborbital Test Electron) mission from Rocket Lab Launch Complex 2 in Virginia.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a launch services agreement with the US Department of Defense’s Defense Innovation Unit (DIU) for a HASTE (Hypersonic Accelerator Suborbital Test Electron) mission from Rocket Lab Launch Complex 2 in Virginia.
  • The mission will launch from Rocket Lab’s dedicated launch site at the Virginia Spaceport Authority’s Mid-Atlantic Regional Spaceport on Wallops Island as early as Q1, 2025.
  • Rocket Lab’s HASTE suborbital launch vehicle is derived from the Company’s Electron rocket but has been modified to support hypersonic payload deployment.
  • Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia.

Satellite Market size to grow by USD 14.52 billion from 2023 to 2028; Accelerating demand for satellite navigation equipment to drive the growth- Technavio

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The satellite market is expected to grow by USD 14.52 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The satellite market is expected to grow by USD 14.52 billion from 2023 to 2028.
  • Accelerating demand for satellite navigation equipment is a key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The Military Satellite Payloads and Subsystems market size is estimated to grow at a CAGR of 7.97% between 2022 and 2027.

Leidos Deploys Potable Water System to International Space Station

Retrieved on: 
Tuesday, November 7, 2023

RESTON, Va., Nov. 7, 2023 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, announced the successful deployment of its Exploration Potable Water Dispenser (xPWD) for the International Space Station (ISS).

Key Points: 
  • RESTON, Va., Nov. 7, 2023 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, announced the successful deployment of its Exploration Potable Water Dispenser (xPWD) for the International Space Station (ISS).
  • "Leidos is devoted to solving some of the toughest challenges in space exploration through innovation and determination," said Grant Kim, Senior Vice President and Operations Manager at Leidos.
  • "This achievement is designed to enable astronauts to sustain quality water in space, while supporting a healthy environment for them to focus on their research."
  • The xPWD was deployed in its final location aboard the ISS on August 30, 2023, and has since been fully operational serving crew potable water needs.

Boy Scouts of America Selects Roger Krone as New President and Chief Executive Officer

Retrieved on: 
Friday, November 3, 2023

IRVING, Texas, Nov. 3, 2023 /PRNewswire/ -- Following an extensive selection process, the Boy Scouts of America has chosen Roger A. Krone to serve as its next President and Chief Executive Officer.

Key Points: 
  • IRVING, Texas, Nov. 3, 2023 /PRNewswire/ -- Following an extensive selection process, the Boy Scouts of America has chosen Roger A. Krone to serve as its next President and Chief Executive Officer.
  • "As a life-long Scout, the opportunity to lead the Scouting movement represents the perfect capstone to a long and fruitful career and a chance to give back," said Krone.
  • In late October, the Chief Scout Executive Selection Committee unanimously selected Krone to present to the BSA's National Executive Committee and National Board.
  • "Leading the restructuring process was exceptionally challenging, and Roger demonstrated unwavering determination and resolve throughout.

Leidos Announces Executive Leadership Team for 2024

Retrieved on: 
Thursday, November 2, 2023

RESTON, Va., Nov. 2, 2023 /PRNewswire/ -- Leidos, a global leader in technology solutions and services, today announced a realignment of its operating groups and changes to its corporate leadership structure and personnel, effective Jan. 1, 2024. These changes will help position the company to execute its ambitious, long-term strategy and achieve success on all measures.

Key Points: 
  • RESTON, Va., Nov. 2, 2023 /PRNewswire/ -- Leidos, a global leader in technology solutions and services, today announced a realignment of its operating groups and changes to its corporate leadership structure and personnel, effective Jan. 1, 2024.
  • These changes will help position the company to execute its ambitious, long-term strategy and achieve success on all measures.
  • Other members of the executive leadership team will continue in their current roles:
    "These leaders bring a combination of expertise, vision, and unwavering dedication that is essential for guiding Leidos into the next decade.
  • With this exceptional leadership at the top table and the dedication of our entire team, I am confident that our trajectory of innovation and success will continue and accelerate," said Chief Executive Officer Tom Bell.

Leidos Holdings, Inc. Reports Third Quarter Fiscal Year 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

Revenues for the quarter were $3.92 billion, up 9% compared to the third quarter of 2022.

Key Points: 
  • Revenues for the quarter were $3.92 billion, up 9% compared to the third quarter of 2022.
  • Days Sales Outstanding (DSO) for the quarter was 57, a 2-day improvement from the second quarter of 2023.
  • The dividend will be payable on December 29, 2023, to stockholders of record at the close of business on December 15, 2023.
  • Leidos is updating its fiscal year 2023 guidance as follows: