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The split was structured in a way that SAIC changed its name to Leidos, then spun off the new SAIC as a separate publicly traded company. However, Leidos is the legal successor of the original SAIC and retains SAIC's pre-2013 stock price and corporate filing history. [25]
The original SAIC was created in 1969 by J. Robert Beyster.Then on September 27, 2013, it spun off a $4 billion unit which retained its name, [8] while the parent company changed its name to Leidos.
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
If you want to know who really controls Leidos Holdings, Inc. ( NYSE:LDOS ), then you'll have to look at the makeup of...
The company recently became aware of the issue and believes the documents were taken during a previously reported breach of a Diligent Corp. system it used, the report said, adding that Leidos is ...
Leidos Holdings, Inc (NYSE:LDOS) reported second-quarter fiscal 2024 revenue growth of 8% year-over-year to $4.13 billion, beating the analyst consensus estimate of $4.06 billion, driven by demand ...
In 2012, SAIC split into two companies, one retaining the original name, and the other (known as Leidos) which performs projects for commercial and government customers related to information technology, systems integration and eSolutions, national and homeland security, energy, the environment, space, telecommunications, health care, and ...
After the separation, Shea became president and chief operating officer of Leidos, a $6B scientific, engineering, and technology company in national security, cybersecurity, engineering, and health. In the fall of 2012, Shea was considered a potential successor to Leidos chief executive officer John P. Jumper. In the spring of 2014, he resigned ...