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Business/Financial

Leidos To Reorganize Operating Structure, Upgrade Leadership

By Cal Biesecker

Tuesday, October 31st, 2023

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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…

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