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4-Traders Homepage  >  Equities  >  Nyse  >  Leidos Holdings Inc    LDOS

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Leidos : National Geospatial-Intelligence Agency Awards Leidos Prime Contract for Information Technology Management

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10/12/2017 | 10:16pm CEST

RESTON, Va., Oct. 12, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500® science and technology company, was awarded a prime contract by the National Geospatial-Intelligence Agency (NGA) under the Information Technology Enterprise Management (ITEMS) User Facing Services (UFS) program. This single-award, indefinite-delivery/indefinite-quantity, firm-fixed price contract has a five-year ordering period with a total contract ceiling of $988 million.

The ITEMS portfolio provides NGA with a bridge to the future--delivering critical services to mission users, harnessing the capacity of current and emerging information technology (IT) services, and using geospatial intelligence to support time-sensitive missions. Leidos, with its extensive enterprise IT experience, worldwide reach and deep NGA mission knowledge, will support the customer with their ITEMS UFS needs. The company will effectively and efficiently transition UFS from current NGA contracts, lead the UFS operations and sustainment and continuous improvement of UFS, and implement special orders to support mission needs without disrupting daily operations. The company will also help posture NGA to transition to future Intelligence Community Desktop Environment (DTE) service offerings.

"This opportunity strengthens our partnership with NGA, and we look forward to continuing our collaboration in support of the GEOINT mission," said Leidos Defense & Intelligence President Tim Reardon.

About Leidos
Leidos is a Fortune 500(®) science and technology solutions and services leader working to solve the world's toughest challenges in the defense, intelligence, homeland security, civil, and health markets. The company's 32,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $7.04 billion for the fiscal year ended December 30, 2016. For more information, visit www.Leidos.com.

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in the company's Annual Report on Form 10-K for the period ended December 30, 2016, and other such filings that Leidos makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

    Contact: Melissa Koskovich     Jennifer Moffett

             (571) 526-6850        (571) 526-6852

             [email protected] [email protected]

View original content with multimedia:http://www.prnewswire.com/news-releases/national-geospatial-intelligence-agency-awards-leidos-prime-contract-for-information-technology-management-300536021.html


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