Biden DOJ Dropped FCPA Inquiry Of Defense Contractor
It is not uncommon for a company to disclose FCPA scrutiny by the DOJ and/or SEC and then at some later point in time disclose that the DOJ and/or SEC has closed its investigation.
When this not so uncommon scenario has occurred post February 10, 2025 (the date President Trump issued the so-called “pause” Executive Order), some have linked such a development solely to the Executive Order often through a “click-bait” headline (ignoring of course that such scenarios have previously occurred).
I intentionally chose a “click-bait” headline for this post to demonstrate the point.
Checking In On Leidos
Leidos is a Virginia headquartered information technology, engineering, and science solutions and services company that serves the defense, intelligence, homeland security, civil and health markets. It generates approximatelty 85% of its revenue from U.S. government contracts and its customer list includes the U.S. Department of Defense, the U.S. Intelligence Community, the U.S. Department of Homeland Security, the Federal Aviation Administration, the Department of Veterans Affairs and many other U.S. civilian, state and local government agencies.
Leidos was honored in 2021 as an Ethisphere “World’s Most Ethical Company”
As highlighted in this prior post, in February 2022 Leidos disclosed:
Checking In On Leidos
Leidos is a Virginia headquartered information technology, engineering, and science solutions and services company that serves the defense, intelligence, homeland security, civil and health markets. Last fiscal year it generated 87% of its revenue from U.S. government contracts and its customer list includes the U.S. Department of Defense, the U.S. Intelligence Community, the U.S. Department of Homeland Security, the Federal Aviation Administration, the Department of Veterans Affairs and many other U.S. civilian, state and local government agencies.
Leidos was honored in 2021 as an Ethisphere “World’s Most Ethical Company”
As highlighted in this prior post, in February 2022 Leidos disclosed:
Scrutiny Of Government Contractor Leidos Grows
Leidos is a Virginia headquartered information technology, engineering, and science solutions and services company that serves the defense, intelligence, homeland security, civil and health markets. Last fiscal year it generated 87% of its revenue from U.S. government contracts and its customer list includes the U.S. Department of Defense, the U.S. Intelligence Community, the U.S. Department of Homeland Security, the Federal Aviation Administration, the Department of Veterans Affairs and many other U.S. civilian, state and local government agencies.
Leidos was honored in 2021 as an Ethisphere “World’s Most Ethical Company”
Scrutiny Alerts
Leidos
Leidos is a Virginia headquartered information technology, engineering, and science solutions and services company that serves the defense, intelligence, homeland security, civil and health markets. Last fiscal year it generated 87% of its revenue from U.S. government contracts and its customer list includes the U.S. Department of Defense, the U.S. Intelligence Community, the U.S. Department of Homeland Security, the Federal Aviation Administration, the Department of Veterans Affairs and many other U.S. civilian, state and local government agencies.
Leidos was honored in 2021 as an Ethisphere “World’s Most Ethical Company“