Executive Mosaic is honored to introduce Leidos Holdings (NYSE: LDOS) Chief Financial Officer James Reagan as an inductee into the 2016 edition of the Wash100 — Executive Mosaic’s annual selection influential leaders in the government contracting arena.
Reagan oversees financial reporting, tax, accounting, treasury, investor relations and other financial functions at the Reston, Va.-based government services contractor.
In January 2016, Leidos reached one of the largest merger deals in GovCon market history when it agreed to merge into the government information technology and services businesses of Lockheed Martin (NYSE: LMT) in a $5 billion Reverse Morris Trust transaction.
Reagan and Leidos CEO Roger Krone explained the deal’s details in a subsequent call with investors and described the actions both companies have to take for the transaction to qualify as a Reverse Morris Trust (GovCon Wire’s story on the merger has more on how RMTs work).
“We anticipate that the revenue mix by customer segmentation will become more evenly balanced between civil, commercial, defense and intelligence,” Reagan told investors then.
Reagan also said the $5.6 billion sales figure Lockheed reported for the IT and services segment with respect to 2015 “is consistent with what we’re picking up.”
Leidos will release its fourth quarter and full 2015 financial results before the market opens Feb. 18 and will also offer guidance on 2016.
In December 2015, Reagan told investors the company plans to bid on a logistics support contract with the U.S. Special Operations Command.
The certified public accountant started his career at PwC.
Executive Mosaic congratulates James Reagan and the Leidos team for their selection to receive this award.