RESTON, Va., June 20, 2016 /PRNewswire/ -- Leidos (NYSE: LDOS), a national security, health, and infrastructure solutions company, was awarded a prime contract by the Federal Highway Administration (FHWA) to provide technical support services to the FHWA Office of Operations Research & Development and the Saxton Transportation Operations Laboratory. The single-award indefinite-delivery/indefinite-quantity firm fixed-price time and materials contract has a five-year period of performance and a total contract value of $75 million. Work will be performed primarily in McLean, Va.
The Saxton Laboratory is a state-of-the-art facility for conducting transportation operations research that enables FHWA to validate and refine new transportation services and technologies before committing to larger scale research, development, testing, and deployment phases. Under the follow-on contract, Leidos will provide technical support services including: technical and research services related to conventional transportation operations issues; technical assistance, technical studies, and laboratory and field experiments that support activities and strategies of the FHWA Office of Operations Research & Development; develop, design, and integrate systems in which vehicles, users, and the infrastructure interact with each other seamlessly to support enhanced mobility, safety, environmental sustainability, productivity and economic competitiveness, and overall customer satisfaction and livability; and technical and research services in support of ITS communications, positioning, and mapping technologies.
"We look forward to conducting cutting-edge research, development, testing, and evaluation activities to meet the growing demands for smoother running transportation systems," said Leidos Group President, Mary Craft.
Leidos is a science and technology solutions leader working to address some of the world's toughest challenges in national security, health and infrastructure. The Company's 18,000 employees support vital missions for government and the commercial sector, develop innovative solutions to drive better outcomes and defend our digital and physical infrastructure from 'new world' threats. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $5.09 billion for the twelve months ended January 1, 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 January 1, 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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