Leidos Awarded Contract By Naval Surface Warfare Center

Company to Provide Future Radiographic Imaging System

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Nov 20, 2013, 04:05 ET

RESTON, Va., Nov. 20, 2013 /PRNewswire/ -- Leidos [NYSE: LDOS], a national security, health and engineering solutions company, announced it was awarded a follow-on contract by the Naval Surface Warfare Center Indian Head Explosive Ordnance Disposal Technology Division (NSWC IHEODTD) for the production of a future radiographic imaging system. The single-award firm fixed-price contract has a value of approximately $49 million. The contract was awarded under the Future Radiographic System contract. Work will be performed at Rancho Bernardo, Calif.

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NSWC IHEODTD is the Department of Defense Energetics Center and a field activity of the Naval Sea Systems Command. The Warfare Center Division focuses on the research, development, test, evaluation, in-service support, and disposal of energetics and energetic systems; and provides Soldiers, Marines, Sailors, and Airmen worldwide with the information and technological solutions they need to detect/locate, access, identify, render safe, recover/exploit, and dispose of explosive threats. Under the contract, the Leidos team will provide production of future radiographic imaging systems. The product will improve explosive ordinance identification with radiographic imaging.

"Leidos is proud to continue its leadership in support of the mission of the Warfare Center Division by meeting the security product needs of the Department of Defense," said John Fratamico, Leidos 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.