RESTON,
Va., Jan. 22, 2025 /PRNewswire/ -- Leidos
(NYSE: LDOS) today announced a new prime contract to provide Key
Management Architecture & Engineering and Cyber Security
Engineering Support Services to the Department of Defense,
Intelligence Community and civilian agencies. The contract was
awarded by the Naval Information Warfare Center Pacific and has a
one-year base period of performance and four one-year optional
extensions. The contract has a total value of $120 million if all options are exercised.
"Leidos specializes in providing full spectrum cybersecurity
solutions and has long supported cryptographic key management for
the Navy," said Roy Stevens, Leidos
National Security Sector president. "We look forward to providing
an efficient and modern-day key management solution to our
warfighters."
Leidos securely designs and deploys electronic cryptographic key
material for its U.S. and allied national security customers. Under
this contract, Leidos will design, develop, test, integrate and
maintain technologies to operate key management systems.
About Leidos
Leidos is an industry and technology leader serving government
and commercial customers with smarter, more efficient digital and
mission innovations. Headquartered in Reston, Virginia, with 48,000 global
employees, 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.
Media Contacts:
Brandon Ver
Velde
(571) 526-6257
brandon.p.vervelde@leidos.com
Greg Hellman
(571) 526-7592
greg.hellman@leidos.com
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SOURCE Leidos Holdings, Inc.
