Independent Managed Security Services Report Named Leidos As A Leader For Q4 2014

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Mar 10, 2015, 04:05 ET

RESTON, Va., March 10, 2015 /PRNewswire/ -- The Forrester Wave™: Managed Security Services: North America, Q4 2014 report from Forrester Research, Inc. recognized Leidos (NYSE: LDOS), a national security, health and engineering solutions company, as a Leader among Managed Security Service Providers (MSSP). Leidos also received the highest customer satisfaction rating of all selected vendors.

Forrester's 26-criteria evaluation of managed security service providers (MSSPs) named Leidos as a leading vendor in the North American market. Selection criteria is based on a vendor's ability to provide security analytics and threat intelligence; business value; technical value; effective information portals; broad service offerings; experience and trained staff; and a strong focus on customer service. Vendors are selected based on product fit, customer success, and Forrester client demand.

"I believe that being named a Leader is proof of the depth and breadth of our managed security solutions offering," said Leidos Executive Vice President for Business Development and Strategy Michael Leiter. "Forrester conducts the evaluations using a transparent methodology to evaluate players in the market. I feel that receiving this distinction from a team of analysts is a great testament to the managed security services provided to our customers."

"Leidos continues to make significant investments in automation and extending our MSS capability to deliver leading solutions for our customers as they move their business applications and data to cloud environments," added Leidos National Security Sector President Lou Von Thaer.

About Leidos

Leidos is a FORTUNE 500^® science and technology solutions leader working to address some of the world's toughest challenges in national security, health and engineering. The Company's 20,000 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, Virginia, Leidos reported annual revenues of approximately $5.77 billion for its fiscal year ended January 31, 2014 after giving effect to 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.

Contact:

Melissa Koskovich

Jennifer Gephart

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(571) 526-6852

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