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Stock Market & Financial Investment News

News Breaks
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.
News For LDOS From The Last 14 Days
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July 31, 2015
17:19 EDTLDOSLeidos-led group awarded $501M government contract
Vaccine Co. LLC, Frederick, Maryland; PPD Development LP, Wilmington, North Carolina; Leidos, Reston, Virginia; and Tasc Inc., Andover, Massachusetts, were awarded a $501M order dependent contract with options for medical research. Funding and work location will be determined with each order, with an estimated completion date of July 30, 2020. Bids were solicited via the Internet with nine received. Army Medical Research Acquisition Activity, Frederick, Maryland, is the contracting activity.
July 30, 2015
17:55 EDTLDOSLeidos unit sold outstanding equity interests in Leidos Renewable Energy
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08:51 EDTLDOSCerner contract a major win but total value below expectations, says Cowen
Cowen said the DOD contract win for Cerner was "major," but the total value is less than expected. The firm estimates Cerner will receive 30% of the economic award over 10 years, or $1.3B, producing minimal benefit near-term. Cowen reiterated its Outperform rating on Cerner shares.
07:35 EDTLDOSLeidos may sell off on DoD contract size, says Citi
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07:18 EDTLDOSCerner could receive 20%-30% of DoD award, says Deutsche Bank
Deutsche Bank estimates Cerner (CERN) could receive 20%-30% of the $4.33B Department of Defense contract awarded to the team of Cerner, Leidos (LDOS), Accenture (ACN) and their bidding group. Deutsche believes the contract also provides "significant indirect benefits" for Cerner in the marketplace. It keeps a Buy rating on the stock with an $85 price target.
July 29, 2015
19:32 EDTLDOSOn The Fly: After Hours Movers
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17:56 EDTLDOSLeidos awarded $4.34B government contract
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15:57 EDTLDOSLeidos-led group wins 'massive' health records contract, Nextgov reports
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July 28, 2015
10:00 EDTLDOSOn The Fly: Analyst Initiation Summary
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08:02 EDTLDOSLeidos initiated with a Hold at BB&T
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July 22, 2015
06:56 EDTLDOSContractor mergers, sales fueled by government spending cuts, Reuters says
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