Leidos to Provide Electric Vehicle (EV) Charging-as-a-Service for the Department of the Air Force

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Oct 19, 2023, 08:02 ET

RESTON, Va., Oct. 19, 2023 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE^® 500 science and technology leader, was recently awarded a new Other Transaction prototype contract by the Defense Innovation Unit (DIU) to provide a multi-base Electric Vehicle Charging-as-a-Service (EVCaaS) deployment for the Department of the Air Force.

"We look forward to supporting the Air Force's journey to a clean energy future," said Bill Johnson, Senior Vice President and Operations Manager at Leidos. "With this award, Leidos will leverage our expertise decarbonizing complex systems to deliver quick and resilient solutions, with minimal impact expected to the critical missions of the Air Force."

With more than 49,000 non-tactical vehicles in its fleet, the Air Force will be able to transition its fleet to zero-emissions using EVCaaS.

Through this contract, Leidos will design and implement a modern, resilient, scalable and secure power infrastructure solution. This will provide the necessary resources for the Air Force's fleet of non-tactical vehicles to be charged and ready for use at multiple installations across the continental United States.

"Leidos' innovative solution sets a new precedent for how federal organizations can leverage third party finance and commercial best practices to rapidly electrify their mission," said Tristan Bannon, Leidos' Executive Director for Renewable Energy and Climate Technologies. "Further, by integrating energy storage, this project should enhance the Air Force's non-grid-dependent installation energy resilience and serve as a learning model across the Department of Defense."

The solution will use Leidos' engineering and system integration expertise to integrate the best commercially available technology. Leidos selected ChargePoint, a leading provider of solutions for charging EVs, to support delivering these capabilities.

Leidos will also pilot an innovative above-ground EV balance of systems capability supplied by Shoals, a leading provider for eMobility solutions. This approach minimizes construction costs and schedule delays through secure and hardened above-ground raceways and power stations. The solution meets the unique efficiency and resiliency needs of each installation location. It also leverages analytics and engineering to mitigate the impact on local installation grids.

About Leidos

Leidos is a Fortune 500^® technology, engineering, and science solutions and services leader working to solve the world's toughest challenges in the defense, intelligence, civil, and health markets. The company's 46,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $14.4 billion for the fiscal year ended December 30, 2022. 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 30, 2022, 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.