He made the statement four daysÂ after President Donald Trump signed aÂ $1 trillion omnibus spending package to fund government operations through the end of fiscal 2017 and increase defense spending by $21 billion.
“Where we see the money in the budget falling makes us feel confident about the outlook for where funding sources are and where thatâ€™s going to be spent relative to the priorities of the government,â€ he said Tuesday at the Oppenheimer’s 12th Annual Industrial Growth Conference.
Reagan, an inductee into Executive Mosaicâ€™s Wash100 for 2017, also echoed Leidos CEO Roger Kroneâ€™s concerns about the slow pace of leadership appointmentsÂ at federal agencies and the disruption it causes on the acquisition process, the Washington Business Journal reported Wednesday.
â€œThis administration has been a little bit slower than you ordinarily would have expected in getting executive-level appointments in front of the Senate for confirmation,â€ he said.
He also told investors at the conference that Leidos returned a â€œstrongâ€ first quarter following itsÂ merger with the information systems and global solutions business acquired from Lockheed Martin.