TYSONS CORNER, VA, March 23, 2016 — Leidos (NYSE: LDOS) will move forward with the sale of its heavy construction business and part of its engineering business to Haskell, GovCon Wire reported March 16.
Leidos said March 16 the deal is scheduled to close within the second quarter and works to support the company’s efforts to streamline its engineering portfolio.
“We are concentrating our efforts on the new market opportunities created by the convergence of the physical, digital and data worlds,” said Roger Krone, chairman and CEO of Leidos and an inductee into Executive Mosaic‘s Wash100 for 2016.
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