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Roger Krone: Leidos-Dynetics Combination Adds ‘Innovative Capabilities’ in Target Growth Areas

Roger Krone: Leidos-Dynetics Combination Adds 'Innovative Capabilities' in Target Growth Areas - top government contractors - best government contracting event
Roger Krone
Roger Krone

TYSONS CORNER, VA, February 13, 2020 “” Leidos (NYSE: LDOS) has completed its $1.65B cash acquisition of Dynetics in a deal that adds new product offerings and technical services to the former's portfolio, GovCon Wire reported Feb. 3.

Roger Krone, chairman and CEO of Leidos, said in a statement released Jan. 31 that both companies share a commitment to help address complex scientific and engineering through technology advancement efforts.

"This combination adds innovative capabilities in our targeted growth areas, while expanding our secure agile production capabilities, secure agile manufacturing, and increasing our penetration with key customers," added Krone, a 2020 Wash100 winner.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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