Leidos, a FORTUNE® 500 science and technology leader, announced it will make a strategic investment in HawkEye 360, the world’s leading commercial provider of space-based radio frequency (RF) data and analytics. The companies will share information and combine efforts to achieve transformational growth in data and analytical services.
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“We are pleased to invest in HawkEye 360 and their innovative work to enhance geospatial intelligence solutions,” said Leidos National Security Space Executive Vice President Paul Engola. “We’re confident this investment will strengthen our robust capabilities in the National Security Space arena. This will also create innovative pathways to deliver bold solutions to our customers as they work to safeguard U.S. and allied interests.”
“HawkEye 360 is pleased to welcome such a distinguished defense and intelligence leader as Leidos to our group of world class investors,” said HawkEye 360 CEO John Serafini. “We look forward to harnessing their support to create significant value not only for the defense, intelligence and national security communities, but also for organizations addressing some of the most complex global challenges facing humanity and the environment.”
Leidos’ investment in HawkEye 360 will build on the company’s multi-decade heritage of serving National Security Space customers. It will also support the creation of new, differentiated technological capabilities.
HawkEye 360 delivers a groundbreaking source of global knowledge based on RF geospatial intelligence, further accentuating Leidos’ efforts to make the world a safer place. This mutual agreement will accelerate the company’s growth while creating new opportunities for customers in the humanitarian, environmental, commercial and national security sectors.
About Leidos
Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, civil, and health markets. The company’s 43,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $12.30 billion for the fiscal year ended January 1, 2021.
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About HawkEye 360
HawkEye 360 is delivering a revolutionary source of global knowledge based on radio frequency (RF) geospatial intelligence to those working to make the world a safer place. The company operates the first-of-its-kind commercial satellite constellation to detect, characterize, and geolocate a broad range of RF signals. This unique RF data and analytics equip our global customers with high-impact insights needed to make decisions with confidence. HawkEye 360 is headquartered in Herndon, Virginia.