Archive

Leidos

A government services and technology contractor supporting DOE weapons complex cleanup, national security, and environmental remediation programs.

  • Changing of the guard set for Leidos investor relations

    Leidos, the Reston, VA.-based government contractor, has tapped Stephen Vather to be its new senior vice president of investor relations. Vather comes to Leidos from Leonardo DRS, where he was senior vice president of corporate development and investor relations, Leidos said in an Oct. 6 press release. Vather will take over from the retiring Stuart […]

  • Leidos negotiating co-investment deals with DoD for key programs

    The Defense Department and Leidos are negotiating framework agreements for co-investments in key acquisition programs for the company, Leidos CEO Tom Bell said on Tuesday. The forthcoming co-investment opportunities are in areas where Leidos has already increased capital expenditures, and internal research and development spending over the past three years, Bell said during the company’s […]

  • Leidos negotiating co-investment deals with DoD for key programs

    The Defense Department and Leidos are negotiating framework agreements for co-investments in key acquisition programs for the company, Leidos CEO Tom Bell said on Tuesday. The forthcoming co-investment opportunities are in areas where Leidos has already increased capital expenditures, and internal research and development spending over the past three years, Bell said during the company’s […]

  • Round Up: BWXT, Purdue team up for research; Terra Innovatum signs early deal; Leidos to explore SMRs; Former VP Dick Cheney dies at age 84

    BWX Technologies and Purdue University have signed a memorandum of understanding Wednesday (MOU) to partner up on research focused on nuclear manufacturing.  Under the agreement, the two parties seek to advance nuclear manufacturing for advanced nuclear reactor builds, including small modular reactors (SMRs) and microreactors, according to its press release. “This agreement includes the key […]

  • Leidos reports increase in second quarter earnings

    Earnings rose at Leidos, Reston, Va., in the second quarter, which the national security and technology company attributed to controlling expenses in a time of “uncertainty” and some new contract awards.  For this year’s second quarter, Leidos reported a net margin of 9.2% and net income of $393 million on sales of $4.25 billion, up […]

  • Leidos reports increase in second quarter earnings

    Earnings rose at Leidos, Reston, Va., in the second quarter, which the national security and technology company attributed to controlling expenses in a time of “uncertainty” and some new contract awards.  For this year’s second quarter, Leidos reported a net margin of 9.2% and net income of $393 million on sales of $4.25 billion, up […]

  • Leidos reports increase in second quarter earnings

    Earnings rose at Leidos, Reston, Va., in the second quarter, which the national security and technology company attributed to controlling expenses in a time of “uncertainty” and some new contract awards.  For this year’s second quarter, Leidos reported a net margin of 9.2% and net income of $393 million on sales of $4.25 billion, up […]

  • Nuclear contractors to report earnings in coming weeks

    Several publicly-traded companies doing business within the Department of Energy weapons complex are scheduled to report earnings in the coming weeks. Here is a rundown of currently scheduled earnings releases and conference calls.  Aug. 1 : Fluor, Irving, Texas, is scheduled to report its financial performance for the quarter ending June 30 on Aug. 1. […]

  • Nuclear contractors to report earnings in coming weeks

    Several publicly-traded companies doing business within the Department of Energy weapons complex are scheduled to report earnings in the coming weeks. Here is a rundown of currently scheduled earnings releases and conference calls.  Fluor, Irving, Texas, is scheduled to report its financial performance for the quarter ending June 30 on Aug. 1. Fluor will webcast […]

  • Wrap Up: Leidos, MITRE plan layoffs; Mullis joins UCOR; Leidos adds VP

    Two organizations serving the Department of Energy’s weapons complex will soon reduce staff levels at offices in Virginia. News of both layoffs were first reported April 4 by FFX Now, a local news service covering Fairfax County, Va. Reston, Va.-based Leidos, which has several DOE contracts and leads a partnership providing services at the Hanford […]

  • Leidos, MITRE making layoffs in Virginia

    Two organizations serving the Department of Energy’s weapons complex, one a multibillion-dollar contractor and the other a non-profit research entity, will soon reduce staff levels at offices in Virginia. Reston, Va.-based Leidos, which has several DOE contracts and leads a partnership providing services at the Hanford Site in Washington state, will be cutting its northern […]

  • Leidos adds new vice president

    Reston, Va.,-based Leidos has hired Daryle Lademan as its new senior vice president of corporate strategy, the company announced. Lademan, who reports to Chief Growth Officer Jason Albanese, has three decades of experience across the defense and government technology sectors, Leidos said in a March 31 news release.  Lademan joined Leidos in March, according to […]

  • Hanford landlord contractor seeks sub to build fire station

    The Leidos-led landlord contractor at the Department of Energy’s Hanford Site in Washington state is looking for a subcontractor to build a new fire station at the former plutonium production complex site. Hanford Mission Integration Solutions, which acts as a city manager for the Hanford Site, posted an online request for proposals Feb. 18 seeking […]

  • Hanford landlord contractor seeks sub to build fire station

    The Leidos-led landlord contractor at the Department of Energy’s Hanford Site in Washington state is looking for a subcontractor to build a new fire station at the former plutonium production complex site. Hanford Mission Integration Solutions, which acts as a city manager for the Hanford Site, posted an online request for proposals Feb. 18 seeking […]

  • Leidos boasts strong fourth quarter

    Northern Virginia–based Leidos, a major Department of Energy contractor, ended a handsome 2004 with strong fourth quarter financial results and increased revenue across its operating segments. Net income rose 23 percent to $282 million, $2.12 earnings per share (EPS), in the quarter from $230 million ($1.66 EPS) a year ago. Excluding certain non-operating costs, adjusted […]

  • HMIS, Hanford Guards Union trade barbs over labor dispute

    The lockout of unionized guards at the Department of Energy’s Hanford Site in Washington state is entering its fourth week with no resolution and both the union and landlord contractor spinning their own narrative on the labor dispute. Earlier this week, Hanford Guards Union Local 21 President Chris Hall issued a statement saying the reliance […]

  • HMIS deems December offer to guards ‘best and final,’ cannot alter DOE program

    The Department of Energy’s landlord contractor at the Hanford Site in Washington state said Friday its recent proposal to unionized guards, locked out since Thanksgiving, is not likely to get much different. The proposal voted down by Hanford Guards Union Local 21 earlier this month represented “our best and final offer,” a spokesperson for Leidos-led […]

  • Labor dispute drags on after union guards vote down latest HMIS proposal

    Members of Hanford Guards Union Local 21 voted down the latest contract proposal Dec. 6 from the landlord contractor at the Department of Energy’s Hanford Site in Washington state, as the labor dispute entered a third week. As of Thursday, neither the Hanford Guards Union nor Hanford Mission Integration Solutions (HMIS) reported much headway in […]

  • Unionized guards to vote on latest HMIS offer; seek ‘medical autonomy’

    Locked out for more than a week, Hanford Guards Union Local 21 members were to vote Friday on a new contract with the Department of Energy’s landlord for the Hanford Site in Washington state, a union official said Thursday.. Local 21 President Chris Hall told Exchange Monitor via email the union will vote on a […]

  • Steelworkers local prez upbeat on Portsmouth nickel

    A local union leader is optimistic that plans for a nickel recovery facility at the Department of Energy’s Portsmouth Site in Piketon, Ohio will go ahead, even though a chief congressional backer lost his reelection bid. Last month, Sen. Sherrod Brown (D-Ohio) announced the Department of Energy was entering a partnership with contractor Leidos and […]

  • Without new contract, Hanford guards stop work pre-Thanksgiving

    News outlets in Washington state reported Tuesday members of Hanford Guards Union Local 21, which provides an armed protective force for the Department of Energy’s Hanford Site, would stop work Wednesday before Thanksgiving due to expiration of their labor contract extension. The Tri-City Herald reported the guards’ union members were “locked out” due to expiration […]

  • Nuclear sector companies claw back from Monday stock market plunge

    Publicly-traded companies involved with Department of Energy nuclear programs were not exempt from Monday’s stock market nosedive, although most rallied by the close of trading Thursday. Companies that are big players in both the DOE Office of Environmental Management and National Nuclear Security Administration (NNSA) and Office of Nuclear Energy posted per-share declines on Monday, […]

  • Nuclear sector companies claw back from Monday stock market plunge

    Publicly-traded companies involved with Department of Energy nuclear programs were not exempt from Monday’s stock market nosedive, although most rallied by the close of trading Thursday. Companies that are big players in both the DOE Office of Environmental Management and National Nuclear Security Administration (NNSA) and Office of Nuclear Energy posted per-share declines on Monday, […]

  • ‘Acting’ deleted from Hanford landlord executive titles

    The landlord contractor overseeing roads, grounds and daily services at the Department of Energy’s Hanford Site in Washington state told employees Tuesday the executives acting as president and chief operations officer are now the permanent bosses. Leidos-led Hanford Mission Integration Solutions (HMIS) Amy Basche as president and chief operations officer Todd Synoground “have been confirmed […]

  • ‘Acting’ deleted from Hanford landlord executive titles

    The landlord contractor overseeing roads, grounds and daily services at the Department of Energy’s Hanford Site in Washington state told employees Tuesday the executives acting as president and chief operations officer are now the permanent bosses. Leidos-led Hanford Mission Integration Solutions (HMIS) Amy Basche as president and chief operations officer Todd Synoground “have been confirmed […]

  • HMIS seeks building space sub at Hanford Site

    The Leidos-led landlord contractor at the Department of Energy’s Hanford Site in Washington state is shopping for a subcontractor to provide office and warehouse space at the former plutonium production site. Hanford Mission Integration Solutions (HMIS) on Tuesday put out a request for proposals on an Information Management Field Support Services Replacement Facility at the […]

  • Two VPs at Leidos-led Hanford contractor call it a career

    Two vice presidents at a Leidos-led joint venture in charge of overseeing workaday operations at the Department of Energy’s Hanford Site are retiring. In a post last week on LinkedIn, Hanford Mission Integration Solutions (HMIS) said two executives, each with more than 35 years of experience at the former plutonium production site, are retiring.  Darci […]

  • HMIS seeks building space sub at Hanford Site

    The Leidos-led landlord contractor at the Department of Energy’s Hanford Site in Washington state is shopping for a subcontractor to provide office and warehouse space at the former plutonium production site. Hanford Mission Integration Solutions (HMIS) on Tuesday put out a request for proposals on an Information Management Field Support Services Replacement Facility at the […]

  • Amentum’s new IR head will work on Jacobs’ merger-related issues

    Virginia-based Amentum recently hired Nathan Rutledge for its newly-created position of senior vice president and head of investor relations. Rutledge will lead investor relations activity connected with Amentum’s announced merger with Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, according to a July 2  press release. The new blended company will be publicly traded. […]

  • Federal judge will not expedite Hanford Guards Union case

    A federal judge in Washington won’t expedite a collective bargain action brought by the Hanford Guards Union until Department of Energy contractor Hanford Mission Integration Solutions has a chance to answer the union’s complaint. Chief U.S. District Judge Stanley Bastian on July 11 ruled against the Hanford Guards Union Local 21 request to expedite the […]