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Airport Security Market Improving but Full Recovery More Than a Year Away, Krone Says

Cal Biesecker By
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Airport Security Market Improving but Full Recovery More Than a Year Away, Krone Says
Leidos Chairman and CEO Roger Krone. Photo: Leidos

The market for aviation security detection equipment in the first half of 2022 has improved over the same period 2021 but a full recovery isn’t expected until 2024, says the chief executive of Leidos [LDOS]. “Bid volume and bid scale has increased meaningfully when compared to the first half of 2021,” Roger Krone, chairman and CEO of Leidos, said earlier this month during the company’s second quarter earnings call with analysts. Later in the call, he said Leidos is “seeing…

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