Aerospace Group:

Business/Financial

Leidos To Reorganize Operating Structure, Upgrade Leadership

By Cal Biesecker

Tuesday, October 31st, 2023

SHARE:

Leidos CEO Tom Bell. Photo: Leidos

Leidos [LDOS] in 2024 will reorganize into five operating sectors to improve operations and unlock top and bottom-line growth opportunities and the company will also upgrade and add to its leadership team to better focus research and development, improve quality, and better understand customer needs, Tom Bell, the company’s CEO, said on Tuesday. The forthcoming restructuring is part of the a new “strategic sharpening” under Bell’s Leidos Next initiative that Bell began to publicly sketch in August. “The goal of…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]