Leidos Awarded $19 Million Contract By U.S. Army Intelligence and Security Command

Company to Provide Intelligence Analysis Support

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Dec 05, 2013, 07:50 ET

RESTON, Va., Dec. 5, 2013 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health and engineering solutions company, announced it was awarded a task order by the U.S. Army Intelligence and Security Command (INSCOM) to provide intelligence analysis support. The cost-plus fixed-fee (CPFF) contract has a one-year base period of performance, a single year option, and a total contract value of approximately $19 million if the option is exercised. The contract was awarded under the INSCOM Omnibus III contract vehicle. Work will be performed at Fort Belvoir, Va.

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INSCOM is an Army major command that conducts intelligence, security and information operations for military commanders and national decision makers. Under the contract, continued support will be provided for digital network intelligence analysis, computer network operations, targeting, counter-terrorism, counterintelligence, malware, cyber discovery, requirements management and collection management. Skilled analysts will provide computer network operations, digital network intelligence and other highly technical intelligence disciplines.

"Leidos is proud to provide continued support of the critical Signals Intelligence Technical Development mission and to expand intelligence analysis support with our team," said Larry Hill, Leidos senior vice president and group general manager.

The company, formerly named Science Applications International Corporation, changed its name to Leidos, Inc. on September 27, 2013 in connection with the spin-off of its former technical, engineering and enterprise information technology business, which has assumed the company's former name. Leidos has submitted a change-of-name agreement to the U.S. government to recognize the name change, which is currently under review by the responsible Defense Contract Management Agency contracting officer.

About Leidos

Leidos is a science and technology solutions leader working to address some of the world's toughest challenges in national security, health, and engineering. The Company's 23,000 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. Leidos is headquartered in Reston, Va. and had approximately $6 billion in revenues for fiscal year 2013, on a pro forma basis, following the spin-off of the company's technical, engineering and enterprise IT business on Sept. 27, 2013. 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 Leidos' Annual Report on Form 10-K for the period ended January 31, 2013, 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.