Leidos is a technology and engineering company that plays a significant role in the space industry, providing services to both government and commercial clients. They specialize in engineering design, development, fabrication, testing, and integration of spaceflight hardware, as well as mission operations and scientific research support. Leidos is a trusted partner for NASA, supporting programs like the International Space Station and Artemis, and provides cargo mission support, including hardware development and logistics.
All verified mentions of this organization in source documents.
Dynetics announced on 2019-12-17 that it would be acquired by Leidos in a $1,650,000,000 all-cash deal.
Leidos is acquiring Dynetics for $1,650,000,000.
Leidos is building a hosted payload for the U.S. Federal Aviation Administration to sharpen GPS signals for pilots.
Leidos expects to borrow $1,000,000,000 to $1,100,000,000 to finance the Dynetics acquisition and will use cash on hand and cash flow before closing to complete the purchase.
Dynetics is expected to add roughly $1,000,000,000 in annual revenue to Leidos in 2020 without upsetting Leidos’ low rate of capital expenditures.
A 2019 study titled "Integrating Commercial Space Innovations into National Security Missions" recommended certifying multiple vendors based on agreed-upon base standards for mission assurance, capability, and business capacity, and that study was funded by Blue Origin, Leidos, and Rocket Lab.
The Missile Defense Agency awarded Northrop Grumman, Raytheon, Leidos, and L3Harris each a $20,000,000 contract to design space sensors that can track hypersonic and ballistic missiles on 2019-10-29.
The nine firms awarded $1,000,000 study contracts for Space Sensor Layer concept designs are Lockheed Martin, Raytheon, Northrop Grumman, General Atomics, Maxar Technologies, Draper Laboratories, Leidos, Millennium Space, and Boeing.