Leidos-designed low-profile vessels participate in U.S. Army's Project Convergence Capstone 4 exercise

RESTON, Va., March 29, 2024 /PRNewswire/ -- Two Leidos-designed uncrewed and autonomous-capable low-profile vessels (LPVs) recently participated in the Project Convergence Capstone 4 military exercises in California. Leidos (NYSE: LDOS), a Fortune® 500 innovation company, delivered the vessels to the U.S. Marine Corps last year.

"Leidos once again designed and delivered innovative solutions with these LPVs, and it was great to see them participate in Project Convergence," said Dave Lewis, Leidos senior vice president, Sea Systems Business Area. "The prototypes we've delivered will help create new disruptive logistics capabilities for the Marine Corps. Its low profile and long range are intended to help the vessels achieve a higher mission success rate supporting dispersed Marine fire units than conventional methods."

The LPV's low-to-the-water visual profile helps to reduce probability of detection. The vessels are intended to transport a logistics payload of up to five tons over a range of 2,000 nautical miles, and have been built to experiment with different autonomous control systems. The two LPV prototypes were delivered last year to the Marine Corps Warfighting Laboratory for testing and technical assessment. Their participation in the joint and multi-national Project Convergence Capstone 4 exercises represents the next stage of testing and experimentation with the vessels' capabilities alongside warfighters.

Leidos designed the LPVs under contract with MilTech, a Montana State University research lab and an authorized National Government Partnership Intermediary.

The delivery of the LPV prototypes complements Leidos' extensive maritime autonomy portfolio. Leidos-designed and built autonomous vessels recently completed joint naval exercises in the western Pacific as part of the Navy's Integrated Battle Problem 23.2. Last year, Leidos was awarded a U.S. Navy task order to manage, operate and maintain the Navy's Overlord and medium unmanned surface vessels.

About Leidos

Leidos is a Fortune 500® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's global workforce of 47,000 collaborates to create smarter technology solutions for customers in heavily regulated industries. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.leidos.com.  

Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended December 29, 2023, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

SOURCE Leidos Holdings, Inc.

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