Leidos Awarded $11M Contract by U.S. Army Space and Missile Defense Command/Army Forces Strategic Command

Solutions Company to Provide Modeling and Simulation Services

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Dec 11, 2014, 04:05 ET

RESTON, Va., Dec. 11, 2014 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, was awarded a prime contract by U.S. Army Space and Missile Defense Command/Army Forces Strategic Command (SMDC/ARSTRAT). The single-award firm-fixed-price, level-of-effort (FFP LOE) has a one-year based period of performance, two one-year options and a total contract value of approximately $11 million if the options are exercised. The task order is awarded under the Warfighter Modeling Simulation Analysis and Integration Support IDIQ (indefinite delivery/indefinite quantity) contract. Work will be performed in Fort Worth, Texas.

SMDC/ARSTRAT conducts space and missile defense operations and provides planning, integration, control and coordination of Army forces and capabilities in support of U.S. Strategic Command missions. Under the contract, Leidos and its teammate will upgrade, maintain and provide technical support to the Joint Integrated Air and Missile Defense (JIAMD) Hardware in the Loop (HITL) Simulator.

"Leidos is proud to continue providing modeling and simulation services to the U.S. Army Space and Missile Defense Command," said Leidos Group President, John Fratamico.

About Leidos
Leidos is a FORTUNE 500^® science and technology solutions leader working to address some of the world's toughest challenges in national security, health and engineering. The Company's 20,000 employees support vital missions for our government and the commercial sector, develop innovative solutions to drive better outcomes, and defend our Nation's digital and physical infrastructure from 'new world' threats. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $5.77 billion for its fiscal year ended January 31, 2014, after giving effect to the spin-off of the company's technical services and information technology business. 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 January 31, 2014, 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.