RESTON,
Va., Dec. 17, 2024 /PRNewswire/ -- Leidos
(NYSE:LDOS) today announced a new prime contract to provide
geospatial intelligence (GEOINT) products to the National
Geospatial-Intelligence Agency's (NGA) Office of Geography and
Source Strategies Office. The contract has a one-year base period
of performance, four one-year optional extensions, and a final
six-month optional extension. The contract has a total value
$107 million if all options are
exercised.
"NGA's analysts require timely and accurate foundational data to
facilitate effective analysis in support of current mission
requirements," said Roy Stevens,
Leidos National Security Sector president. "Our geographic and
topographic data products help enable analysts to support
warfighters and national security objectives with precision."
Under the contract, Leidos will provide human geographic,
topographic, and open-source data products to enhance day-to-day
operations for NGA's cartographers, human geographers, toponymists,
catalogers, and collectors. The Leidos team will also provide
GEOINT products for NGA's Geographic Names Server.
About Leidos
Leidos is a Fortune 500® innovation company rapidly
addressing the world's most vexing challenges in national security
and health. The company's global workforce of 48,000 collaborates
to create smarter technology solutions for customers in heavily
regulated industries. Headquartered in Reston, Virginia, Leidos reported annual
revenues of approximately $15.4
billion for the fiscal year ended December 29, 2023. For more information, visit
www.leidos.com.
Approved for public release, NGA-U-2024-09987.
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:
Alyssa
Pettus
(571) 526-6743
alyssa.t.pettus@leidos.com
Greg Hellman
(571) 526-7592
greg.hellman@leidos.com
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SOURCE Leidos Holdings, Inc.
