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Leidos News
Leidos Wins $248 Million Contract to Enhance US Navy Unmanned Systems
Leidos has been awarded a follow-on contract by the Naval Information Warfare Center Pacific (NIWC PAC) to bolster unmanned and automated systems aimed at improving maritime intelligence, surveillance, and reconnaissance (ISR) capabilities. Valued at approximately $248 million, the contract spans five years and underscores the growing emphasis on advanced technology in naval operations."This awardâŚ
Leidos Completes Acquisition of Gibbs & Cox
Defense, engineering and IT conglomerate Leidos announced on Friday it has completed its $380 million cash acquisition of marine engineering and naval architecture firm Gibbs & Cox.The deal, announced in February, will see Gibbs & Cox operate as a wholly-owned subsidiary combined with Leidos' maritime systems division.Headquartered in Arlington, Va., Gibbs & Cox is the largest independent ship design firm focused on naval architecture and marine engineering.
Autonomous Vessel Seahawk Delivered to the US Navy
Leidos announced Wednesday that it has completed delivery of a cutting-edge autonomous vessel to the U.S. Navy, known as Seahawk. The Office of Naval Research awarded Leidos the cost-plus-fixed fee contract to build the vessel, with an approximate value of $35.5 million, in December 2017. Work was principally performed on the Mississippi Gulf Coast.âAs technology continues to accelerate and adversaries become more sophisticated, our customers must constantly evolve,â said retired Rear Adm.
Leidos to Acquire Gibbs & Cox
Reston, Va.-based Leidos said it has entered into a definitive agreement to acquire esteemed naval architecture and marine engineering firm Gibbs & Cox for $380 million in cash, as the defense, engineering and IT conglomerate looks to bolster its expertise as it competes for U.S. Navy unmanned systems contracts. The deal is expected to close in the second quarter of 2021, subject to closing conditions.Founded in 1922 in New York CityâŚ
