RESTON, Va., March 13, 2017 /PRNewswire/ -- Leidos (NYSE: LDOS), a global science and technology company, was awarded a contract by Airways New Zealand to replace the current air traffic management (ATM) platforms with Leidos' SkyLine X system. The single-award firm fixed-price contract has a four-year period of performance and 15 years of maintenance support. Work will be performed in the United States and New Zealand.
SkyLine is a proven and reliable ATM system that aviation customers across the globe rely on to deliver safe and efficient air navigation services. The Leidos SkyLine X system will replace Airways' two existing ATM platforms. The new ATM system will allow Airways to implement a new operating model as well as take advantage of advances in tools to optimize the air traffic system and staff deployment. The aim is to deliver enhanced safety and tangible benefits to airline and airport customers in the long term.
"Air traffic is forecast to grow by 50% over the next decade. Our partnership with Airways New Zealand will support them in continuing to deliver safe and efficient operations by building on the expertise of our team and ongoing development in our SkyLine X technologies," said Leidos Civil Group President, Angie Heise. "This includes efficiencies enabled by the introduction of world-class flow management capabilities and an integrated approach that enables their vision for a single system to support tower, terminal, en-route and oceanic control."
Leidos is a global science and technology solutions and services 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.
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