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Leidos closes Lockheed merger
- engi_nerd 10y agoI know we strive for accuracy in headlines. This article's headline (and thus, the title of this submission) is misleading. You would be led to believe that Leidos in its entirety had been merged with all of Lockheed-Martin. The first sentence of the article has it better: "US-based multinational defence company Leidos has announced the successful completion of its previously announced merger with Lockheed Martin’s Information Systems & Global Solutions (IS&GS) business." LM got tired, for whatever reason, of being in the corporate IT business.
- impostervt 10y agoAs a former SAIC employee (prior to the Leidos split), I thought it was interesting that this article mentioned the hiring of Gregory Dahlberg to the board. He was previously a senior VP at lockheed. From 2003-2009 or so the CEO of SAIC was Ken Dahlberg. He's the one who took the company public and away from being an employee-owned company (which I think only 11% of the employees, including me, voted against). Can't seem to find any relation between the two but ...that's not that common of a name, is it?
- mcguire 10y agoEx-SAIC employee myself, here. Before the Leidos split, our contract was under a person who apparently was related to the Dahlberg family. Shortly before the spin-off was announced, she was pulled off; we hoped due to gross incompetence. Apparently not; our contract stayed with SAIC and I believe she went with Leidos. It's a strange company.