Frank Kendall III Appointed to Leidos Board of Directors

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Jun 28, 2017, 06:45 ET

RESTON, Va., June 28, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500® science and technology company, has appointed Frank Kendall III as a member of the Leidos Board of Directors.

Kendall currently serves as executive in residence to aerospace and defense advisory firm Renaissance Strategic Advisors. Prior to his current role, Kendall was confirmed by the United States Senate in 2012 as the Under Secretary of Defense for Acquisition, Technology and Logistics (AT&L) where he was responsible to the Secretary of Defense for all matters pertaining to acquisition; research and engineering; developmental testing; contract administration; logistics and materiel readiness; installations and environment; operational energy; chemical, biological, and nuclear weapons; the acquisition workforce; and the defense industrial base. As the longest-serving Under Secretary of Defense for AT&L, he was the leader of the Department of Defense's efforts to increase the Department's buying power and improve the performance of the defense acquisition enterprise. Prior to this appointment, from March 2010 to May 2012 he served as the Principal Deputy Under Secretary as well as the Acting Under Secretary.

"Frank brings more than 40 years of experience in national security affairs, acquisition, engineering and the military, further strengthening the breadth and depth of expertise of our board," said Leidos Chairman of the Board and Chief Executive Officer Roger Krone. "I'm delighted to welcome Frank to the team, and I'm confident he will make an immediate positive impact on the decisions that guide our company."

Kendall is a Distinguished Graduate of the U.S. Military Academy at West Point, holds a Master of Science in Aerospace Engineering from California Institute of Technology, a Master of Business Administration degree from the C.W. Post Center of Long Island University, and a Juris Doctor degree from Georgetown University Law Center. Kendall also spent ten years on active duty with the Army serving in Germany, teaching Engineering at West Point, and holding research and development positions.

About Leidos
Leidos is a Fortune 500^® science and technology solutions and services leader working to solve the world's toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company's 32,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $7.04 billion for the fiscal year ended December 30, 2016. For more information, visit www.Leidos.com.

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in the company's Annual Report on Form 10-K for the period ended December 30, 2016, and other such filings that Leidos makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.