Thread regarding L3Harris Technologies layoffs

SDS getting sold to Leidos

Security & Detection Systems and MacDonald Humphrey Automation are getting sold to Leidos. Press release below.

The first divestment of the year. Hopefully Leidos doesn't make too many cuts, they also make and sell detection systems. I have a feeling they will chop up SDS and layoff plenty.

Not sure how good of a company Leidos is. Anyone have experience working with them?

https://www.l3harris.com/press-releases/2020/02/89216/l3harris-technologies-signs-definitive-agreement-to-sell-its-airport-security-business-to-leidos-for-1-billion

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| 1209 views | | 3 replies (last )
Post ID: @OP+13t4KyzG

3 replies (most recent on top)

Go to Leidos (NYSE: LDOS) look for their 10-Q's. Read through and find the composition of their contract base both CONUS and OCONUS.

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Post ID: @Rgij+13t4KyzG

Any new details on the divestment?

Not many comments. Is it surprising that L3 SDS is getting sold off?

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Post ID: @fuxq+13t4KyzG

When Leidos bought a trace detection company they laid everyone off and just kept the product lines. I think they bought it for International market penetration ... so they will probably keep the services and sales people overseas.

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Post ID: @1eqf+13t4KyzG

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