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Leidos CFO James Reagan Talks Continuing Resolution, Procurement Process

Leidos CFO James Reagan Talks Continuing Resolution, Procurement Process - top government contractors - best government contracting event
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Leidos CFO James Reagan Talks Continuing Resolution, Procurement Process - top government contractors - best government contracting event
James Reagan

James Reagan, chief financial officer at Leidos, has said he is pleased that the federal government no longer operates under a continuing resolution.

He made the statement four days after President Donald Trump signed a $1 trillion omnibus spending package to fund government operations through the end of fiscal 2017 and increase defense spending by $21 billion.

“Where we see the money in the budget falling makes us feel confident about the outlook for where funding sources are and where that“™s going to be spent relative to the priorities of the government,“ he said Tuesday at the Oppenheimer’s 12th Annual Industrial Growth Conference.

Reagan, an inductee into Executive Mosaic“™s Wash100 for 2017, also echoed Leidos CEO Roger Krone“™s concerns about the slow pace of leadership appointments at federal agencies and the disruption it causes on the acquisition process, the Washington Business Journal reported Wednesday.

“This administration has been a little bit slower than you ordinarily would have expected in getting executive-level appointments in front of the Senate for confirmation,“ he said.

He also told investors at the conference that Leidos returned a “strong“ first quarter following its merger with the information systems and global solutions business acquired from Lockheed Martin.

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Written by Jane Edwards

is a staff writer at Executive Mosaic, where she writes for ExecutiveBiz about IT modernization, cybersecurity, space procurement and industry leaders’ perspectives on government technology trends.

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