The split of defense contractor SAIC into two companies early this week meant that overnight a new company appeared in San Diego, with 1,300 employees: The company is Leidos Holdings Inc. which offers services in the national security, health and energy vertical markets. John Jumper, the former chairman and CEO of SAIC, is now CEO of Leidos, which has 23,000 employees all told. The U.S. Navy is one of Leidos’ key customers.
"SAIC is being given a unique opportunity to better serve our existing customers by expanding our offerings to them and taking an enterprise approach," said SAIC Sector President Nazzic Keene. "We expect this separation transaction will also yield improved financial results for our shareholders and opportunities for our employees."
DynCorp International LLC, Falls Church, Va., was awarded a $72,264,323 modification to a previously awarded cost-plus-fixed-fee, multi-year, foreign military sales (FMS) contract (W91CRB-10-C-0030) to provide mentoring and training services for the Afghanistan National Army across multiple locations in Afghanistan. This FMS contract is in support of Afghanistan. Fiscal 2014 procurement funds in the amount of $36,132,161 are being obligated on this award. The Army Contracting Command, Rock Island, Ill., is the contracting activity.