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May 19, 2014
07:51 EDTLDOSLeidos awarded $12M contract by Defense Threat Reduction Agency
Leidos was awarded a task order by the Defense Threat Reduction Agency to provide modeling and simulation support. The single-award cost-plus fixed-fee task order has a five-month base period of performance, two one-year options, and a total contract value of approximately $12M, if the options are exercised. The task order was awarded under the Combating Weapons of Mass Destruction Research and Technology Development contract. Work will be performed at Fort Belvoir, Va. and in San Diego, Calif.
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June 30, 2015
16:08 EDTLDOSLeidos awarded $10M prime task order by U.S. CECOM
Leidos was awarded a prime task order by the U.S. Army Communications Electronic Command, or CECOM, to provide operation and maintenance support to the Software Engineering Center, or SEC, for the Property Book Unit Supply Enhanced system. The single-award, cost-plus, fixed-fee task order has a one year base period of performance, two one year options and a total contract value of approximately $10M if all options are exercised. Work will be performed primarily in Fort Lee, Virginia.
June 23, 2015
05:53 EDTLDOSLeidos lost number two executive, says Wells Fargo
Wells Fargo believes Leidos lost its number two executive with Lou Von Thaer resigning to become CEO of privately held DynCorp International. Wells views the loss as unexpected and thinks the news "raises some question as to the stability of the management team" under fairly new CEO Roger Krone. The firm keeps a Market Perform rating on Leidos.
05:51 EDTLDOSLeidos announces resignation of Sector President Lewis Von Thaer
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