Leidos Awarded $64 Million Task Order under Airborne Reconnaissance Low-Enhanced (ARL-E) U.S. Army Task Order

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Jul 17, 2017, 06:45 ET

RESTON, Va., July 17, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a global science and technology company, was awarded a task order from the U.S. Army to integrate, test and demonstrate the three complete Airborne Reconnaissance Low-Enhanced (ARL-E) systems under the ARL-E program of record. The single-award cost-plus fixed-fee task order has a one-year base period of performance, two nine-month options, and a total contract value of approximately $64 million if the options are exercised. Work will be performed primarily at Aberdeen Proving Ground, Md.

The ARL-E is a manned multi-intelligent airborne platform that provides a persistent capability to detect, locate, classify/identify and track surface targets in day/night, near-all-weather conditions, with a high degree of timeliness and accuracy. Building on decades of operation and technical integration expertise on airborne systems, Leidos will integrate the previously delivered Mission Equipment Payload (MEP) onto the DHC-8 aircraft, including testing and delivery of the complete ARL-E system. Under the option periods, Leidos will integrate the second and third MEP on ARL-E systems 2 and 3. Work will culminate with a system demonstration and delivery of up to three complete ARL-E systems.

"Delivering additional ARL-E MEP systems to the Army recognizes Leidos' success in developing the next generation of modular, mutli-INT intelligence, surveillance and reconnaissance systems to meet evolving threat environment that the nation's combat forces are facing," said Leidos Group President Mike Chagnon.

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.