Leidos : remains atop the Washington Technology Top 100
June 23, 2021 at 03:39 am EDT
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For the third year in a row, Leidos tops the Washington Technology Top 100.
Specifics: The list ranks the largest federal contractors by revenue in the high-tech market (work in IT, systems integration, professional services and telecom). Leidos expanded its lead by more than $1.3 billion from the previous year, driven by large contract wins and acquisitions:
In May, Leidos completed its acquisition of Gibbs & Cox, expanding its work in naval architecture and marine engineering.
In February, the company landed a $2 billion contract to expand the military's nonmedical counseling program.
In January, the company completed its acquisition of 1901 Group, advancing the company's digital modernization strategy by two years, according to CFO Jim Reagan.
In December, the company won an $8 billion contract to modernize the Navy's enterprise network.
Last May, the company completed its acquisition of the L3Harris Technologies airport security business.
Last January, the company completed its acquisition of Dynetics, expanding its work in weapons development and space exploration.
From the source: 'Leidos has all the characteristics of a great company,' Reagan said. 'We understand our customers, meet their needs, do right by our employees and embrace change.'
Looking ahead: Reagan said the military's focus on modernization should continue to strengthen the company, as should infrastructure modernization in air travel and energy.
Related: Leidos climbs the Fortune 500
Please contact the Leidos media relations team for more.
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Leidos Holdings Inc. published this content on 22 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 07:38:05 UTC.
Leidos Holdings, Inc. specializes in the provision of engineering, technological and scientific services. Net sales by business segment break down as follows:
- defense (56.6%): design, engineering and integration of technological solutions for intelligence, airborne surveillance and reconnaissance, maritime and land-based solutions, electronic warfare systems, and automated sensor, alarm, command and control systems, software development, cyber security solutions and data processing and analysis solutions, IT infrastructure development and integration, etc.;
- civil security (23.7%): development and integration of solutions for the protection of goods, data and digital information, solutions and systems for air traffic flow control and flight data management, vehicle and cargo inspection, explosives and radiation detection, computer security, environmental management, nuclear security, complex logistics management, etc.;
- health (19.7%): integration of complex systems and technological infrastructures for the management of data, medical information and electronic health records, provision of healthcare services, IT systems lifecycle management, research and development of biopharmaceuticals, etc.
Net sales by market are divided between the US Department of Defense and the intelligence community (49.4%), government agencies (37.4%) and commercial customers (13.2%).
The United States accounts for 91,4% of net sales.
LEIDOS HOLDINGS, INC. 
