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Business/Financial

Kicking Off Work On Potential $4.3 Billion Healthcare Contract, Leidos Sees Slow Sales Ramp

By Cal Biesecker

Thursday, September 3rd, 2015

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Kicking Off Work On Potential $4.3 Billion Healthcare Contract, Leidos Sees Slow Sales Ramp

Leidos Chairman and CEO Roger Krone. Photo: Leidos

Fresh off its milestone win in late July of a potential 10-year, $4.3 billion contract to modernize and make more efficient healthcare records management at the Defense Department, Leidos [LDOS] executives on Wednesday said that revenue from the program will ramp slowly over the next two years in line with the initial implementation and then increase as the complexity of the program grows.The deployment phase of the Defense Healthcare Management Systems Modernization (DHMSM) will occur in two phases beginning in…

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