News Article | May 4, 2017
Under the delivery order, Leidos will support the operation and maintenance of DTRA's MDS and NWP. This includes providing targeted research and development to identify and implement state-of-the-art techniques for improving environmental data used in DTRA's atmospheric transport and dispersion models for weapons of mass destruction and CBRNE accidental release predictions. Leidos will also provide improvements to the weather data collection and dissemination of weather products to DTRA's customers. "The Leidos team brings expertise in meteorology, developmental research, software engineering and system development to modernize and maintain DTRA's operational systems and weather product applications," said Leidos Group President, Mike Chagnon. "We are proud to support DTRA's critical CBRNE mission." Leidos is a global 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. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/defense-threat-reduction-agency-awards-leidos-13-million-contract-300451473.html
News Article | May 4, 2017
Revenues for the quarter were $2.58 billion, compared to $1.31 billion in the prior year quarter. The current quarter increase was primarily due to $1.36 billion of revenue attributable to the Information Systems & Global Solutions business ("IS&GS Business") acquired from Lockheed Martin during the third quarter of fiscal year 2016, partially offset by the impact of the fiscal 2016 divestiture of our heavy construction business. Operating income from continuing operations for the quarter was $141 million, compared to $89 million in the prior year quarter. Operating margin decreased to 5.5% from 6.8% in the prior year quarter, as the current quarter included $69 million of amortization of intangible assets and $13 million of restructuring charges related to the acquisition of the IS&GS Business, as well as $19 million of acquisition and integration costs, compared to $9 million in the prior year quarter. Excluding these items, non-GAAP operating margin increased to 9.4% from 7.5% in the prior year quarter, reflecting successful cost reduction actions, as well as strong program performance, across all of our businesses. Diluted earnings per share ("EPS") attributable to Leidos common stockholders for the quarter was $0.47, compared to $0.72 in the prior year quarter. Excluding the items mentioned above, non-GAAP diluted EPS for the quarter was $0.88, compared to $0.77 in the prior year quarter. The weighted average diluted share count for the quarter was 153 million, up from 74 million in the prior year quarter due to the issuance of approximately 77 million shares of Leidos common stock to participating Lockheed Martin stockholders in connection with the acquisition of the IS&GS Business. Defense Solutions revenues for the quarter of $1,294 million increased by $514 million, or 66%, compared to the prior year quarter. The revenue growth was primarily attributable to contracts acquired through the acquisition of the IS&GS Business and growth in airborne programs, partially offset by reduced scope and completion of certain contracts. Defense Solutions operating income margin for the quarter was 6.1%, compared to 9.1% in the prior year quarter. On a non-GAAP basis, operating margin for the quarter was 7.3%, compared to 9.1% in the prior year quarter, primarily due to charges taken on a fixed price program. Civil revenues for the quarter of $842 million increased by $481 million, or 133%, compared to the prior year quarter. The revenue increase is primarily attributable to contracts acquired through the acquisition of the IS&GS Business, partially offset by the divestiture of the heavy construction business in fiscal 2016 and a decrease in the commercial energy services business. Civil operating income margin for the quarter was 6.4%, compared to 6.1% in the prior year quarter. On a non-GAAP basis, operating income margin for the quarter was 10.5%, compared to 6.4% in the prior year quarter, reflecting lower indirect costs and timing of security products. Health revenues for the quarter of $443 million increased by $272 million, or 159%, compared to the prior year quarter. The revenue increase is primarily attributable to contracts acquired through the acquisition of the IS&GS Business and growth in our federal health business, partially offset by lower revenues from our commercial health business. Health operating income margin for the quarter was 10.6%, compared to 9.4% in the prior year quarter. On a non-GAAP basis, operating margin for the quarter was 14.9%, compared to 9.4% in the prior year quarter, reflecting lower indirect costs and strong performance on certain contracts. Cash flows used in operating activities of continuing operations for the quarter were $88 million compared to $14 million in the prior year quarter. The higher operating net cash outflows were primarily due to the timing of billing and collections activities, as well as higher payments for restructuring, integration and interest expenses, partially offset by lower tax payments. Cash flows used in investing activities of continuing operations for the quarter were $5 million compared to $1 million in the prior year quarter. The $4 million difference was primarily due to increased payments for purchases of property, plant and equipment. Cash flows used in financing activities of continuing operations for the quarter were $77 million compared to $31 million in the prior year quarter. The higher financing cash outflows were primarily due to increased dividend payments and repayments of long-term debt. As of March 31, 2017, the Company had $206 million in cash and cash equivalents and $3.3 billion of debt. Net business bookings totaled $1.7 billion in the quarter, representing a book-to-bill ratio of 0.7. The Company's backlog of signed business orders at the end of the quarter was $16.9 billion, of which $4.9 billion was funded. The Company affirms previously issued fiscal year 2017 guidance, which is based on a 12-month period from December 31, 2016, to December 29, 2017, as follows: Fiscal year 2017 guidance excludes the impact of any future acquisitions, divestitures and other non-ordinary course items. Non-GAAP diluted earnings per share excludes amortization of acquired intangible assets, impairment charges, restructuring expenses, acquisition and integration related costs, gains and losses on disposal of assets and businesses and adjustments to the income tax provision to reflect non-GAAP exclusions. See Leidos' non-GAAP financial measures and the related reconciliation included elsewhere in this release. Leidos management will discuss operations and financial results in an earnings conference call beginning at 8 A.M. eastern time on May 4, 2017. Analysts and institutional investors may participate by dialing +1 (877) 869-3847 (U.S. dial-in) or +1 (201) 689-8261 (international dial-in). A live audio broadcast of the conference call along with a supplemental presentation will be available to the public through links on the Leidos Investor Relations website ( ). After the call concludes, an audio replay can be accessed on the Leidos Investor Relations website or by dialing +1 (877) 660-6853 (toll-free U.S.) or +1 (201) 612-7415 (international) and entering conference ID 13658923. Leidos is a global 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. Certain statements in this release contain or are based on "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as "expects," "intends," "plans," "anticipates," "believes," "estimates," "guidance" and similar words or phrases. Forward-looking statements in this release include, among others, estimates of future revenues, EBITDA margins, operating income, earnings, earnings per share, charges, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases, acquisitions and dispositions. These statements reflect our belief and assumptions as to future events that may not prove to be accurate. Actual performance and results may differ materially from the guidance and other forward-looking statements made in this release depending on a variety of factors, including: changes to our reputation and relationships with government agencies, developments in the U.S. Government defense budget, including budget reductions, implementation of spending cuts (sequestration) or changes in budgetary priorities; delays in the U.S. Government budget process; delays in the U.S. Government contract procurement process or the award of contracts; delays or loss of contracts as a result of competitor protests; changes in U.S. Government procurement rules, regulations and practices; changes in interest rates and other market factors out of our control; our compliance with various U.S. Government and other government procurement rules and regulations; governmental reviews, audits and investigations of our Company; our ability to effectively compete for and win contracts with the U.S. Government and other customers; our ability to attract, train and retain skilled employees, including our management team, and to obtain security clearances for our employees; factors relating to the transaction with Lockheed Martin, including, tax treatment; the possibility that we may be unable to achieve expected synergies and operating efficiencies within the expected time-frames or at all, the integration of the acquired Information Systems & Global Solutions business being more difficult, time-consuming or costly than expected; the effect of any changes resulting from the transaction in customer, supplier and other business relationships; general market perception of the transaction and exposure to lawsuits and contingencies associated with the Information Systems & Global Solutions business; the mix of our contracts and our ability to accurately estimate costs associated with our firm-fixed-price and other contracts; our ability to realize as revenues the full amount of our backlog; cybersecurity, data security or other security threats, systems failures or other disruptions of our business; resolution of legal and other disputes with our customers and others or legal or regulatory compliance issues; our ability to effectively acquire businesses and make investments; our ability to maintain relationships with prime contractors, subcontractors and joint venture partners; our ability to manage performance and other risks related to customer contracts, including complex engineering projects; the failure of our inspection or detection systems to detect threats; the adequacy of our insurance programs designed to protect us from significant product or other liability claims; our ability to manage risks associated with our international business; our ability to declare future dividends based on our earnings, financial condition, capital requirements and other factors, including compliance with applicable laws and contractual agreements; and our ability to execute our business plan and long-term management initiatives effectively and to overcome these and other known and unknown risks that we face. These are only some of the factors that may affect the forward-looking statements contained in this release. For further information concerning risks and uncertainties associated with our business, please refer to the filings we make from time to time with the U.S. Securities and Exchange Commission ("SEC"), including the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Legal Proceedings" sections of our latest Annual Report on Form 10-K and quarterly reports on Form 10-Q, all of which may be viewed or obtained through the Investor Relations section of our website at . All information in this release is as of May 4, 2017. The Company expressly disclaims any duty to update the guidance or any other forward-looking statement provided in this release to reflect subsequent events, actual results or changes in the Company's expectations. The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others. LEIDOS HOLDINGS, INC. UNAUDITED NON-GAAP FINANCIAL MEASURES (in millions, except per share amounts) The Company uses and refers to non-GAAP operating income, adjusted EBITDA, non-GAAP income from continuing operations and non-GAAP EPS from continuing operations, which are not measures of financial performance under generally accepted accounting principles in the U.S. ("GAAP") and, accordingly, these measures should not be considered in isolation or as a substitute for the comparable GAAP measures and should be read in conjunction with the Company's consolidated financial statements prepared in accordance with GAAP. Management believes that these non-GAAP measures provide another measure of the Company's results of operations and financial condition, including its ability to comply with financial covenants. These non-GAAP measures are frequently used by financial analysts covering Leidos and its peers. The Company's computation of its non-GAAP measures may not be comparable to similarly titled measures reported by other companies, thus limiting their use for comparability. Non-GAAP operating income is computed by excluding the following items from income from continuing operations: (i) other income, net; (ii) interest expense; (iii) interest income; (iv) income tax expense adjusted to reflect non-GAAP adjustments; and (v) the following discrete items: Non-GAAP income from continuing operations is computed by excluding the discrete items as identified above from income from continuing operations and adjusting income tax expense for the effect of such exclusions. Non-GAAP operating margin is computed by dividing non-GAAP operating income by revenue. Adjusted EBITDA is computed by excluding the following items from income from continuing operations, before income taxes: (i) discrete items as identified above; (ii) interest expense; (iii) interest income; and (iv) depreciation expense. Adjusted EBITDA margin is computed by dividing adjusted EBITDA by revenue. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/leidos-holdings-inc-reports-first-quarter-fiscal-year-2017-results-300451145.html
Agency: Department of Energy | Branch: | Program: STTR | Phase: Phase II | Award Amount: 1.00M | Year: 2015
"High brightness and high average power Free Electron Lasers known as x-ray FELs, developed by DOE, are intently desired by the scientific community for their unique capabilities and for the opportunities they enable in the medical and biological sciences, such as imaging biological molecules or chemical reactions. Beam optics codes (particularly Particle-in-Cell codes) couple non-uniformity and surface structure to current and emittance in a complex manner and are the de facto tool of choice in device design, but such codes neglect time-dependent contributions to the emission current due to the difficulty of accounting for multiple scattering events on the emission distribution. Such a limitation undermines device design, degrades predictions of performance via simulation, and impairs the ability to account for mechanisms (performance degraders) that can lead to real damage to the larger device (like particle ejection from the beam core, or “halo”). General statement of how this problem is being addressed: An improved simulation capability is proposed that bridges the gap between current capability and that needed to capture the effects needed in simulation to have a predictive capability. New physics models proposed captures the time- dependent (delayed) emission of the photoemission process, as well as the effect of sub-micron geometrical features that have a great effect on intrinsic emittance, which up to now has been predicted within a factor of two from the simulation codes. The new emission models will be joined with a comprehensive of emission physics models already in the MICHELLE code, which includes thermal-field, thermionic, and semiconductor secondary emission models, including the effect of surface roughness, crystal face orientation (leading to variations in work function, etc.), laser irradiance variations, and laser jitter. The effort will package all these models together for application in the MICHELLE code and for use in other beam optics modeling codes. What is to be done in Phase I? Phase I will develop the first generation of the photoemission time-dependent (delayed) emission models. The software architecture will be developed to prototype the combining of all emission models into a central framework and be a stand-alone, separable software entity. That framework will add in the new time-dependent model. The framework will then be implemented into the MICHELLE beam-optics code, and the result tested against other codes. Functioning software will be made available to beta testers and researchers in the DOE community to model high-brightness sources. Commercial Applications and Other Benefits: The application of the DOE future synchrotron light sources and free electron lasers has a very significant benefit to mankind. In the sciences, imaging biological molecules or chemical reactions or even viruses requires a photon flux intensity sufficiently high that the molecules or structures can be “seen” before the sample is destroyed by the energy flux. The structures of man-made nanoscale objects, other molecules, and even that of atoms may be resolved by free electron lasers capable of imaging sub-nanometer regions with sub-picosecond time resolutions. Conventional synchrotron x-ray sources fall short of the requirements because of time resolution limits. Specific examples include resolving ultrafast biochemistry, time-resolved spectroscopy of correlated electron materials, magnetization dynamics, and imaging chemical reactions. High brightness, high rep-rate photocathode sources are likewise one of the two technologies requiring improvement (the other being mirrors) to enable high performance FELs desired by directed energy applications, such as the Navy's Innovative Naval Prototype Free Electron Laser. This effort specifically targets the development of the next generation of such machine by developing a predictive modeling and simulation capability for the electron beam sources. If the project is carried over to Phase II or Phase III, this new capability will be widely available by the software framework to be developed that will fit into many beam optics codes to model such devices. "
News Article | October 29, 2016
The Northern Virginia Technology Council (NVTC), the largest technology council in the nation, today announced that this year’s TechCelebration: NVTC’s Annual Banquet will be held on Oct. 24 at The Ritz-Carlton, Tysons Corner. The event will feature a celebration of NVTC’s 25 anniversary; Steve Case, chairman and CEO of Revolution; and the announcement of the winners of the 2016 Tech Awards. Case will make remarks in accepting the Pinnacle Award for his outstanding leadership and contributions to the Northern Virginia community. Case, who co-founded AOL, is one of America’s best-known and most accomplished entrepreneurs. He is also the author of the New York Times bestselling book, The Third Wave: An Entrepreneur’s Vision of the Future. In addition, NVTC will announce the winners of the 2016 NVTC Tech Awards, an awards program honoring influential leaders and innovative companies in our region's technology community. Congratulations to the following finalists: Tech Patent of the Year: AEGIS.net, Inc. Fractograf, LLC Patrocinium Systems TransVoyant Inc. Tech Executive of the Year: Kimberley Hayes, The Ambit Group Roger A. Krone, Leidos Michael B. O’Neil, Jr., GetWellNetwork John Sheputis, Infomart Data Centers Doug Wagoner, SAIC Tech Company of the Year Under $50 Million in Revenue: BlackMesh Higher Logic Notarize ScienceLogic Virtru Zoomdata Tech Company of the Year Over $50 Million in Revenue: CSRA Datapipe Government Solutions GetWellNetwork LookingGlass Cyber Solutions Optoro Tenable Network Security REGISTRATION: To register as a member of the press, please contact Alexa Magdalenski at 703-904-7878 ext. 207 or email amagdalenski(at)nvtc(dot)org. The event is free for press but advanced registration is required. Press credentials are required for entry. The Northern Virginia Technology Council (NVTC) is the membership and trade association for the technology community in Northern Virginia. As the largest technology council in the nation, NVTC serves about 1,000 companies from all sectors of the technology industry, as well as service providers, universities, foreign embassies, nonprofit organizations and governmental agencies. Through its member companies, NVTC represents about 300,000 employees in the region. NVTC is recognized as the nation's leader in providing its technology community with networking and educational events; specialized services and benefits; public policy advocacy; branding of its region as a major global technology center; initiatives in targeted business sectors and in the international, entrepreneurship, workforce and education arenas; and the NVTC Foundation, a 501(c)(3) nonprofit charity that supports the NVTC Veterans Employment Initiative and other priorities within Virginia's technology community. Visit NVTC at http://www.nvtc.org.
News Article | February 15, 2017
Strong adoption of leading data wrangling platform drives over 4X growth in bookings; Number of enterprise customers triples SAN FRANCISCO, CA--(Marketwired - Feb 14, 2017) - Trifacta, the global leader in data wrangling, today announced it ended 2016 with record momentum. The company closed out the year with 4X growth in bookings and more than triple the number of enterprise customers. Trifacta Wrangler is now used by tens of thousands of users at more than 4,500 companies in 135 countries around the globe. Customer Growth Trifacta's new customer wins in 2016 come from leading global organizations, across a broad range of industries, such as financial services, manufacturing, telecommunications, health care, as well as large government agencies. New customers include: Banco Santander, Bell Canada, Centers for Disease Control and Prevention (CDC), eBay, Enstar Group Limited, Etihad Aviation Group, Munich Re, Nordea Bank and Rank Group Limited, among many others. "Bell Canada offers telecommunications products and services to a large amount of the Canadian population, and ensuring those subscribers have the best possible customer service is a top priority. Early in 2016, the BI team identified several new complex data sources that were not being utilized for analytical purposes, but would provide net new insights the business had not seen before. With Trifacta, we've been able to accelerate the existing processes of understanding our data, surface data quality issues, and wrangle data sets in preparation for further analysis. The features and functionality in Trifacta are providing us significant productivity gains, while also helping us assess our data more accurately," said Mark Huang, senior manager of business intelligence, Bell Canada. Since expanding in late 2015, opening offices in London and Berlin, Trifacta has seen strong growth in Europe, gaining a substantial foothold across a broad spectrum of industries including the financial services industry. Europe's largest financial services brands, including Munich Re, Nordea, Santander, Royal Bank of Scotland, Luxembourg Stock Exchange, UniCredit and Enstar now wrangle their data with Trifacta. "At Enstar, accurately assessing claims and policies requires our team to analyze a huge variety of data. Under traditional tools and processes, our business analysts were restrained from working directly with this data because of their dependency on IT. With Trifacta, our business users have gained a deeper involvement with the raw data, which has accelerated our time to analysis and driven new insights for our business. We're tremendously excited about the new levels of business value we can drive from being able to gain a better understanding of our data in less time, as well as earlier on in the process. Moving forward, we've planned for company-wide adoption of Trifacta as one of our core technologies enabling self-service," said Mark Bendall, lead program architect, Enstar. Partner Ecosystem Success In 2016, Trifacta launched the Wrangler Partner Program, a global program to support and enable partners selling, implementing and innovating with Trifacta. The program brings together best-of-breed technology solutions and services to increase the business value and innovation customers derive from their analytics initiatives. The global Wrangler Partner Program ecosystem has over 80 resellers, consulting and technology partners including Cloudera, Hortonworks, MapR, Infosys, WiPro, Leidos, Qlik and Tableau. "Within our large enterprise customer base, we continue to see strong adoption in Trifacta's data wrangling solution as part of the broader self-service analytics stack. Trifacta helps our clients unlock the business value of their diverse and fast-growing big data assets with the agility and efficiency that today's fast-paced business environment requires," said Ritika Suri, EVP, corporate development and ventures, Infosys. Driven by accelerating product adoption, customer success and business expansion, Trifacta continues to further its position as the number one data wrangling solution globally. Additional company milestones in 2016 include: Gartner analysts state, "By 2020, 85 percent of new BI platform spend by large and midsize organizations globally will be on modern BI platforms that allow all users, including IT, to rapidly build analytics content to meet the demanding time to insight and changing data needs of users. Until now, data preparation has been a major road block to achieving agile and pervasive analytics. Similar to the increasing use of modern BI because of its ease of use and agility, an increasing percentage of new data integration initiatives for analytics will be implemented using agile, self-service data preparation versus existing data integration approaches, particularly as these capabilities mature and become more enterprise capable."1 "2016 was a tremendous year for Trifacta. The growth in new customer adoption, in conjunction with existing customers expanding usage to additional business units and use cases, is testament to the value these organizations are able to realize from data wrangling," said Adam Wilson, CEO, Trifacta. "According to IDC, the market opportunity for big data and analytics will grow to more than $187 billion by 2019. Self-service data wrangling is essential for empowering end users and enabling organizations to turn big data into a strategic asset. This year, we will continue innovating to improve the way people work with data, delivering the most productive data prep solution for any data, regardless of the shape, size or location." Here's what other Trifacta customers are saying: "With a range of companies in our portfolio that span a variety of industries, we're constantly leveraging huge amounts of data at Rank Group Limited to better understand the competitive landscapes and consumer trends for our investments, as well as track product pricing around the world. All this data arrives in many different formats and types, which makes it near impossible to efficiently transform it for analysis using incumbent technologies. With Trifacta, we're excited to be able to dramatically shorten the time from getting this raw data to uncovering insights, and ultimately act on those insights to drive value for our business faster. We're confident that we've made a sound investment in Trifacta," said Murray Scott, chief data pathologist, Rank Group Limited. "PRGX is a global leader in recovery audit and spend analytics services. We provide services to 75 percent of the top 20 global retailers and over 20 percent of the top 50 companies in the Fortune 500. Using Trifacta and Cloudera technologies to mine large volumes of client data, we're transforming our recovery audit business and expanding our source to pay (S2P) service offering. Data is a driving force behind our business, and we're confident that with Trifacta we have found a tool that will empower us to drive further innovation with our data initiatives," said Tushar Sachdev, chief information officer, PRGX. To experience Trifacta first hand, download the newest Trifacta Wrangler for free today at www.trifacta.com/start-wrangling/. About Trifacta Trifacta, the global leader in data wrangling software, significantly enhances the value of an enterprise's big data by enabling users to easily transform and enrich raw, complex data into clean and structured formats for analysis with self-service data preparation. Leveraging decades of innovative work in human-computer interaction, scalable data management and machine learning, Trifacta's unique technology creates a partnership between user and machine, with each side learning from the other and becoming smarter with experience. Trifacta is backed by Accel Partners, Cathay Innovation, Greylock Partners and Ignition Partners.
News Article | February 17, 2017
The Dallas CIO Leadership Association (DallasCIO) announced the winners of its 2017 CIO of the Year® ORBIE® Awards. DallasCIO recognized Chief Information Officers in five key categories – Global, Enterprise, Corporate, Nonprofit/Public, and Leadership. The awards were presented at the Dallas CIO of the Year Awards at the Dallas Hyatt Regency. “The individuals who have earned these awards are the best and brightest leaders – not just within North Texas IT executives, but in the categories they represent,” said Lisa LaRoque, Executive Director of DallasCIO. “In today’s interconnected world, organizations that win in the marketplace benefit from the superior strategic planning and day-to-day execution these CIOs bring to the table.” The 2017 Dallas CIO of the Year® ORBIE® Award winners are: ›› Robert Pischke, VP of Information Technology, Lehigh Hanson, received the Global CIO of the Year® ORBIE, for organizations over $500 million annual revenue and significant multinational operations. ›› John Burke, CIO, Ambit Energy, received the Enterprise ORBIE, for organizations over $500 million annual revenue. ›› Juan Fontanes, VP of Information Technology, NEC Corporation of North America, received the Corporate ORBIE, for organizations up to $500 million annual revenue. The CIO of the Year® ORBIE® Awards is the premier technology executive recognition program of its kind. Since inception in 1998, over 300 CIOs have been honored as finalists and over ninety CIO of the Year winners have received the prestigious ORBIE Award. The Award recognizes chief information officers who have demonstrated excellence in technology leadership. Finalists and winners are selected by an independent peer review process, which includes prior ORBIE recipients, based upon: ›› Leadership style and management effectiveness ›› Innovation in implementing technology solutions ›› Business value created by IT ›› Service to others in their community, industry and within their own organizations The CIO Awards ceremony was keynoted by Fran Dramis, Former CIO of Bellsouth, who shared perspectives from his new book the Four Secrets of Retention. Nearly 400 guests attended, representing North Texas organizations and their technology partners. The 2017 Dallas CIO of the Year® Awards is made possible by the following sponsors: ›› Gold sponsors: Teksystems (National) ›› Silver sponsors: PwC, HUNTER Technical, Tech Mahindra, OutSystems, and Appian (National). ›› Bronze sponsors: Workday, Systems Plus, Deloitte, Alleare Consulting, Randall James Monroe, ViaWest, Leidos Health, NTT Data, Visionet, GDT, Qlik, and Freudenberg IT. ›› Media sponsor: The Dallas Business Journal ›› Association sponsor: DFW Chapter - Society for Information Management About the Dallas CIO Leadership Association The Dallas CIO Leadership Association (DallasCIO) is the preeminent professional association for North Texas’ senior technology executives. Our membership is comprised exclusively of chief information officers (or equivalent executive roles) from public and private companies, government, education and non-profit organizations. DallasCIO is led by a CIO Advisory Board which sets the annual programming agenda for the association. Events are facilitated by a full-time Executive Director and professional staff and underwritten by Advocate, Pariveda, and QTS Data Centers. DallasCIO events are CIO-led and attended solely by CIO-level executives.
News Article | February 17, 2017
RESTON, Va., Feb. 17, 2017 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per outstanding share of common stock. The cash dividend is payable on March 30, 2017 to stockholders of record as of...
News Article | February 27, 2017
RESTON, Va., Feb. 27, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a global science and technology company, announced they have been included in the 2017 Best in KLAS Awards: Professional Services (©2017 KLAS Enterprises, LLC. All rights reserved). KLAS publishes the annual report to help im...
News Article | February 23, 2017
RESTON, Va., Feb. 23, 2017 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS), a global science and technology solutions company, today reported financial results for the fourth quarter and fiscal year 2016. Roger Krone, Leidos Chairman and Chief Executive Officer, commented: "I am...
News Article | February 23, 2017
RESTON, Va., Feb. 23, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a global science and technology company, today announced that Alvie Johnson, Leidos' Army-Principal Business Developer, was recognized as a recipient of the Women's Appreciation Award by AFCEA International. Johnson received...