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July 8, 2014
16:13 EDTLDOSLeidos-CDM awarded $120M contract by USACE
Leidos-CDM Solutions, a joint venture between Leidos and CDM Smith, was awarded a prime contract by the U.S. Army Corps of Engineers, or USACE, Kansas City District to provide environmental remediation services and long-term response actions. The indefinite-delivery/indefinite-quantity multiple-award task order contract, or MATOC, has a three-year base period of performance, one two-year option, and a total contract value of $120M for all awardees, if the option is exercised. Leidos-CDM Solutions is one of six contractors eligible to compete for work under the MATOC. Under the contact, Leidos-CDM Solutions will provide ERS/LTRA services to clean up contaminated sites to remove environmental hazards, such as pollution of air, soil and groundwater, which pose serious health hazards to humans and the environment. Cleanup efforts will allow for the reuse of the properties.
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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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