Leidos Awarded Contract by U.S. Air Force

Solutions Company to Provide Research and Development for Technical Area Tasks

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May 28, 2014, 04:05 ET

RESTON, Va., May 28, 2014 /PRNewswire/ -- Leidos [NYSE: LDOS], a national security, health and engineering solutions company, was awarded as a prime by the U.S. Air Force to provide research, development, testing and evaluation for homeland defense and security technical area tasks to the Department of Defense (DoD) community of interest. The cost-plus-fixed-fee, firm-fixed-price, multiple-award, indefinite-delivery/indefinite-quantity contract has a one-year base period of performance, four one-year options and a total value of approximately $900 million if all options are exercised. Leidos is one of 12 contractors eligible to compete for task orders under the contract.

The DOD Information Analysis Centers (IACs), administered by the Defense Technical Information Center, operate a portfolio of task order contracts for technical research and analysis. Under the contract, Leidos will provide research, development, test and evaluation, and advisory and assistance services related to research and development efforts within the chemical, biological, radiological and nuclear defense, homeland defense and security, critical infrastructure protection, weapons of mass destruction, biometrics, medical, cultural studies and alternative energy focus areas.

"We look forward to providing our domain expertise and our wide breadth of technical offerings to support the DOD IACs in advancing the solutions for homeland defense and security," said Leidos Operations Manager David Radcliffe.

The contract scope aligns with the DOD Research and Engineering's strategic guiding imperatives which include the ability to mitigate new and emerging adversary threats that could degrade U.S. (and allied) capabilities, affordably enable new or extended capabilities in existing military systems and develop technology surprise through science and engineering applications to military problems.

"With the breadth of our technical capabilities combined with the ability to manage large, complex contracts, Leidos is proud to provide continued support in the defense research and engineering communities with advanced technology for critical missions," said Leidos Group President Sam Gordy.

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 22,000 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 had annual revenues of approximately $5.77 billion for its fiscal year ended January 31, 2014 following 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.