RESTON,
Va., Sept. 19, 2023 /PRNewswire/ -- Leidos
(NYSE:LDOS), a FORTUNE® 500 science and technology leader, was
recently awarded a next-generation prime contract to provide the
U.S. Army with rapid procurement of information technology (IT)
hardware solutions. The single-award, firm-fixed-price contract was
awarded by Army Contracting Command-Aberdeen Proving Ground. The
indefinite delivery, indefinite quantity (IDIQ) contract has a base
period of performance of four years with two three-year options.
The contract has a maximum value of $7.9
billion if all options are exercised.
"Recent events highlighted the devastating effect of supply
chain disruptions, making resilience a national priority," said
Gerry Fasano, Leidos Defense Group
president. "By combining flexible solutions with artificial
intelligence and predictive analytics to increase visibility into
operations, we will work to provide a uniquely resilient rapid
fulfillment model. We look forward to providing an innovative level
of transparency and flexibility to help enhance the Army's ability
to meet their Joint All Domain Command and Control (JADC2)
objectives."
Under the Common Hardware Systems 6th Generation (CHS-6)
contract, Leidos will enhance mission readiness through the Leidos
Intelligent Logistics Platform. This will help enable
better-informed, timely decision-making throughout the C5ISR and
mission IT lifecycle in support of more than 120 Army, DoD and
federal government program offices and agencies. Equipment and
services procured under the terms of this contract will be used to
support a unified network for Multi-Domain Operations (MDO) and
JADC2.
"We are honored to be given the opportunity to help the Army
modernize its supply chains, improve transparency and visibility on
products and achieve next-level logistics," said Will Johnson, senior vice president and
Logistics and Mission Support operation manager. "With our AI and
machine learning-powered solutions, we can help the Army resolve
its toughest challenges, such as obsolescence, cybersecurity,
supply chain resiliency and counterfeit parts. We are excited to
deliver a readiness advantage to the warfighter."
Leidos will leverage current commercial technology and industry
investments to help enhance mission readiness of complex IT
hardware across its entire lifecycle. Leidos will support a proven
digital infrastructure with intuitive AI/ML-enabled analytics and
automation to help increase speed, accuracy, resiliency and
cost-efficiency. Leidos will also work to deploy a logistics
platform to proactively manage supply chain and cybersecurity risks
while minimizing total lifecycle costs. Leidos' support for
seamless, consolidated procurement of these highly-flexible,
cost-effective technology products and services will support
Command, Control, Communications, Computers, Cyber, Intelligence,
Surveillance and Reconnaissance (C5ISR) solutions.
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 46,000 employees support vital missions for
government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual
revenues of approximately $14.4
billion for the fiscal year ended December 30, 2022. For more information, visit
www.Leidos.com.
Certain statements in this announcement constitute
"forward-looking statements" within the meaning of the rules and
regulations of the U.S. Securities and Exchange Commission (SEC).
These statements are based on management's current beliefs and
expectations and are subject to significant risks and
uncertainties. These statements are not guarantees of future
results or occurrences. A number of factors could cause our actual
results, performance, achievements, or industry results to be
different from the results, performance, or achievements expressed
or implied by such forward-looking statements. These factors
include, but are not limited to, the "Risk Factors" set forth in
Leidos' Annual Report on Form 10-K for the fiscal year ended
December 30, 2022, and other such
filings that Leidos makes with the SEC from time to time.
Readers are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
Leidos does not undertake to update forward-looking statements to
reflect the impact of circumstances or events that arise after the
date the forward-looking statements were made.
Contact:
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Melissa Dueñas
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(571)
526-6850
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duenasml@leidos.com
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Thomas
Doheny
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(571)
474-4735
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dohenyt@leidos.com
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Brandon
VerVelde
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(571)
526-6257
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Brandon.p.vervelde@leidos.com
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SOURCE Leidos Holdings, Inc.