Leidos Awarded Prime Cargo Mission Contract from National Aeronautics and Space Administration

Company to Continue to Provide Engineering Solutions for Ground Processing of Spaceflight Cargo

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Oct 19, 2017, 16:15 ET

RESTON, Va., Oct. 19, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a FORTUNE 500® science and technology leader, was awarded a prime contract by the National Aeronautics and Space Administration (NASA) Johnson Space Center (JSC) to provide sustained engineering and mission support under the Cargo Mission Contract 3 (CMC3) for the International Space Station (ISS). The single-award cost-plus fixed-fee contract has a two-year base period of performance, three option periods of two years, 18 months, and one year, and a maximum potential value of $159 million. Work will be performed in Houston, Texas.

The ISS is a microgravity laboratory dedicated to scientific advancement and innovation, enabling human and robotic exploration to destinations from asteroids to Mars. The station supports the growth of a robust commercial market in low Earth orbit, assisting the development of U.S. commercial cargo and crew space transportation capabilities.

Under the contract, Leidos will apply multiple technology innovations to improve capabilities for cargo packing, as well as customer-focused enhancements that provide the ISS with cost-effective solutions in a dynamic and challenging environment. Leidos will continue to provide sustained engineering, hardware design, build and certification of flight crew equipment, pressurized cargo packing and transport hardware, non-integrated ancillary system hardware, simple payload facilities, and payload support items for deliveries to and from the ISS. Leidos will also work closely with NASA to determine the most efficient way to pack manifested cargo, ship to multiple domestic and international launch sites, and deliver the cargo back to the providers upon return.

"We look forward to continuing the delivery of sustained engineering and pressurized cargo packing solutions that support NASA JSC's missions to and from the International Space Station," said Leidos Group President Angie Heise.

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.