Leidos to Provide HAZMAT Services at Federalized Airports

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May 15, 2017, 06:45 ET

RESTON, Va., May 15, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a global science and technology company, was awarded a prime contract by the Transportation Security Administration (TSA) to continue to provide hazardous materials management and disposal services at more than 440 airport screening checkpoints. The single-award, firm fixed-price contract has a one-year base period of performance, four one-year options, and a total contract value of $45 million if all options are exercised. Work will be performed at all TSA continental United States, Alaska, Hawaii, South Pacific and U.S. Virgin Islands screening checkpoints in federalized airport locations.

Under the contract, Leidos will provide regulatory support to ensure compliance with Federal, State, and local hazardous materials and hazardous waste regulations; treatment, storage, and disposal facility due diligence audits; management and operation of the Leidos-developed online documentation and recordkeeping system, HazOUT^®; emergency and spill response support; and development and execution of training programs.

"This contract award represents the continuation of more than 13 years of Leidos support to the Transportation Security Administration and its more than 440 CONUS and OCONUS airport locations," said Leidos Civil Group President Angie Heise. "The TSA's mission is vital to protecting the nation's transportation systems and ensuring freedom of movement for people and commerce. Our dedicated team remains ready to support this critical citizen solution."

About Leidos
Leidos is a global science and technology solutions 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.