RESTON, Va., June 14, 2017 /PRNewswire/ -- Leidos (NYSE:
LDOS), a FORTUNE 500® science and technology company,
has achieved the No. 1 ranking on the annual Washington
Technology Top 100 list, marking the first time the company has
appeared at the peak position. The list ranks the largest
government contractors based on their fiscal 2016 prime contracts
in information technology, systems integration, professional
services, and telecommunications.
Leidos' ascent to the top position is attributed to the
company's merger with Lockheed Martin's Information Systems &
Global Solutions business. The merger, which was completed in
August 2016, enabled Leidos to become
the leader in government IT, and expanded the company's civil,
commercial, and international footprint. The transaction created a
portfolio of unmatched technical expertise backed by a highly
talented workforce. With expanded scope and competencies, Leidos is
positioned to maintain its leadership in the market and capitalize
on its size and expertise.
"Our top ranking emphasizes the unparalleled scale and expanded
capabilities we provide to our government customers," said
Roger Krone, Leidos Chairman and
Chief Executive Officer. "This recognition is a testament to the
hard work of our employees, who have consistently remained
mission-focused and inspired to develop innovative solutions that
solve the world's toughest challenges."
About Leidos
Leidos is a FORTUNE 500® science and technology solutions and
services leader working to solve the world's toughest challenges in
the defense, intelligence, homeland security, civil, and health
markets. The company's 32,000 employees support vital missions for
government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual
revenues of approximately $7.04
billion for the fiscal year ended December 30, 2016. For more information, visit
www.Leidos.com.
Statements in this announcement, other than historical data
and information, constitute forward-looking statements that involve
risks and uncertainties. A number of factors could cause our actual
results, performance, achievements, or industry results to be very
different from the results, performance, or achievements expressed
or implied by such forward-looking statements. Some of these
factors include, but are not limited to, the risk factors set forth
in the company's Annual Report on Form 10-K for the period ended
December 30, 2016, and other such
filings that Leidos makes with the SEC from time to time. Due to
such uncertainties and risks, readers are cautioned not to place
undue reliance on such forward-looking statements, which speak only
as of the date hereof.
Contact:
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Melissa
Koskovich
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Jennifer
Moffett
|
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(571)
526-6850
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(571)
526-6852
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Koskovichm@Leidos.com
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Jennifer.a.moffett@leidos.com
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SOURCE Leidos