Leidos Renews Commitment to White House Joining Forces Initiative

Company Pledges to Hire 3,000 Military Veterans and Spouses over the Next Five Years

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May 05, 2016, 10:30 ET

RESTON, Va., May 5, 2016 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health, and infrastructure solutions company, today announced its renewed commitment to the White House's Joining Forces initiative in support of America's veterans, service members and their families. Leidos has pledged a goal to hire 3,000 veterans and military spouses over the next five years.

Leidos has a long-standing commitment to supporting military veterans and their families, as demonstrated by the company's Operation MVP military veteran hiring program. Nearly 18 percent of Leidos' workforce is comprised of veterans, many of whom are actively involved in the company's Military Alliance Group. Leidos was also recently named as a Best for Vets: Employers 2016 by Military Times, a Most Valuable Employers (MVE) by CivilianJobs.com, a Top 100 Military Friendly Employer and Top 100 Military Spouse Friendly Employer by Victory Media, and a Top Veteran-Friendly Company by U.S. Veterans Magazine.

"Veterans offer an immense value to our workforce, and embody the characteristics we look for in employees – integrity, ethics, perseverance, honor and commitment," said Leidos Chief Human Resources Officer Sarah Allen. "We're incredibly proud to renew our commitment to the Joining Forces initiative."

Joining Forces is a nationwide initiative launched by First Lady Michelle Obama and Dr. Jill Biden calling on all Americans to rally around service members, veterans, and their families and support them through wellness, education, and employment opportunities. Joining Forces works hand in hand with the public and private sectors to ensure that service members, veterans, and their families have the tools they need to succeed throughout their lives.

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 infrastructure. The Company's 18,000 employees support vital missions for government and the commercial sector, develop innovative solutions to drive better outcomes and defend our digital and physical infrastructure from 'new world' threats. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $5.09 billion for the twelve months ended January 1, 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 January 1, 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.