Leidos adds Curtiss-Wright to Alliance Partner Network

Rhea-AI Summary

Leidos (NYSE:LDOS) has announced the addition of Curtiss-Wright to its Alliance Partner Network (LAPN) as a Technology Partner. This collaboration aims to enhance capabilities in addressing high-performance compute, networking, and environmental challenges in extreme aerospace and defense applications. The partnership leverages Curtiss-Wright's expertise in developing advanced, highly engineered products and precision components, combined with Leidos' innovative technological solutions.

Doug Jones, Leidos' Senior VP of Defense Systems, emphasized the partnership's potential to set new standards of excellence in supporting evolving government needs. Brian Perry, Senior VP and GM at Curtiss-Wright Defense Solutions, expressed excitement about the collaboration's potential to produce state-of-the-art solutions for the defense industry. Leidos, a Fortune 500® innovation company, reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023, and employs a global workforce of 48,000.

Positive

• Addition of Curtiss-Wright to Leidos Alliance Partner Network enhances technological capabilities
• Collaboration aims to address challenges in extreme aerospace and defense applications
• Partnership expected to set new standards of excellence in supporting government needs
• Leidos reported annual revenues of $15.4 billion for fiscal year 2023

Negative

• None.

RESTON, Va., Aug. 12, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE^® 500 innovation leader, today announced the addition of Curtiss-Wright, a global provider of highly engineered, technologically advanced products and services, to the Leidos Alliance Partner Network (LAPN) as a Technology Partner.

"Leidos is pleased to welcome Curtiss-Wright's Defense Solutions Division to the LAPN," said Doug Jones, Leidos' Senior Vice President of Defense Systems. "Curtiss-Wright's expertise in developing advanced, highly engineered products and precision components, combined with Leidos' innovative technological solutions, will significantly enhance our capabilities and set new standards of excellence in support of the ever-changing government needs."

The LAPN drives innovation through a vast network of the world's leading technology companies and leverages significant expertise to provide solutions that deliver customer mission success. As a Technology Partner, Curtiss-Wright will collaborate with Leidos to address the high-performance compute, networking, and environmental challenges particular to extreme aerospace and defense applications.

"We are excited to join the LAPN," said Brian Perry, Senior Vice President and General Manager at Curtiss-Wright Defense Solutions. "This partnership furthers our relationship with a world-class organization and strengthens the collaboration that will produce state-of-the-art solutions for the defense industry."

For more information about Leidos and its Alliance Partner Network, visit: www.leidos.com/company/partners.

About Leidos

Leidos is a Fortune 500^® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's global workforce of 48,000 collaborates to create smarter technology solutions for customers in heavily regulated industries. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.leidos.com.

Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended December 29, 2023, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.  

Contact:	Melissa Dueñas
	(571) 526-6850
	Duenasml@leidos.com
	Alyssa Pettus
	(571) 992-5499
	alyssa.t.pettus@leidos.com
	Victor Melara
	(703) 431-4612
	victor.a.melara@leidos.com

 

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SOURCE Leidos

FAQ

What is the significance of Curtiss-Wright joining Leidos' Alliance Partner Network?

Curtiss-Wright joining Leidos' Alliance Partner Network as a Technology Partner enhances capabilities in addressing high-performance compute, networking, and environmental challenges in extreme aerospace and defense applications. This collaboration aims to produce state-of-the-art solutions for the defense industry.

How does the partnership between Leidos (LDOS) and Curtiss-Wright benefit government needs?

The partnership combines Curtiss-Wright's expertise in advanced, highly engineered products and precision components with Leidos' innovative technological solutions. This collaboration is expected to set new standards of excellence in supporting the ever-changing government needs in aerospace and defense sectors.

What were Leidos' (LDOS) annual revenues for the fiscal year ended December 29, 2023?

Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023.

How many employees does Leidos (LDOS) have globally as of August 2024?

As of August 2024, Leidos has a global workforce of 48,000 employees collaborating to create smarter technology solutions for customers in heavily regulated industries.