Leidos Awarded Distributed Common Ground System - Navy Prime Technical Support Contract

Company to Continue to Provide Technical Expertise to the Space and Naval Warfare Systems Command Systems Center Atlantic

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Leidos

May 22, 2017, 06:45 ET

RESTON, Va., May 22, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a global science and technology company, was awarded a prime contract by the Space and Naval Warfare Systems Command (SPAWAR) Systems Center Atlantic to provide technical expertise to sustain and update Distributed Common Ground System – Navy (DCGS-N) Family of Systems (FoS). The single-award cost-plus fixed-fee contract has a one-year base period of performance, a single year option, and a total contract value of approximately $43 million if the option is exercised. Work will be performed primarily in Charleston, S.C., Suitland, Md., Norfolk, Va., San Diego, Calif., and Fallon, Nev.

DCGS-N is the Navy's shipboard and ashore intelligence enterprise, providing primary intelligence, surveillance, reconnaissance, and targeting support capability. Afloat or ashore, DCGS-N tools are critical for the operational commander's battlespace awareness and netcentric operations. Under the follow-on contract in support of DCGS-N FoS, Leidos will provide technical assessment and evaluation, program definition, organization, and direction including the development of long and short-range plans. This includes the responsibility for formulating, guiding, and directing the evaluation approach; and defining and negotiating with agency personnel for the necessary resources.

"Leidos has demonstrated innovative technical expertise and guidance for DCGS-N since the program's inception more than ten years ago," said Leidos Defense & Intelligence President Tim Reardon. "We look forward to applying our integrated multi-service systems engineering approach to provide SPAWAR the best solutions to remain interoperable with other service DCGS FoS."

About Leidos

Leidos is a global 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.