Sarah Sybert

Leidos Announces $1B Acquisition of L3Harris Security Detection, Automation Businesses to Expand Product Portfolio; Roger Krone Quoted

Leidos has entered a definitive agreement to acquire L3Harris Technologies’ security detection and automation businesses for $1B in cash to add complementary technology and products as well as create a comprehensive security and detection portfolio, Leidos said on Tuesday. The Boards of Directors of both companies unanimously approved the transaction.

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DoL OCIO Awards Perspecta $277M Contract to Provide Maintenance Support for Technology Solutions; Rocky Thurston Quoted

The U.S. Department of Labor’s Office of the Assistant Secretary for Administration and Management and Office of the Chief Information Officer has awarded Perspecta a potential $277M prime contract with a one-year base and six one-year option periods for operations and maintenance support of the enterprise general support system, the company reported on Tuesday.

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